Nigeria’s Fuel Subsidy Dilemma Deepens as Debt to Suppliers Soars
Nigeria’s state oil company NNPC faces mounting challenges as its debt to gasoline suppliers has surged to over $6 billion, doubling since April. This financial […]
Angola
Angola’s Banana Industry Flourishes at 10th Annual Fair
Angola’s thriving banana industry took center stage at the recently concluded 10th annual banana fair, showcasing the country’s growing prominence in global fruit production. The […]
Southern African Nations Fear Increased Elephant Deaths Due to Drought
Southern African countries, home to the world’s largest elephant population, anticipate an increase in animal deaths due to a severe drought depleting food and water […]
China and Angola Strengthen Relationship to Comprehensive Strategic Cooperative Partnership
Chinese President Xi Jinping met with Angolan President Joao Lourenco in Beijing, extending a warm welcome and describing Lourenco as a longstanding friend of the […]
Kagame and Tshisekedi Set to Confer on Eastern DRC Crisis
Rwanda’s President Paul Kagame has consented to hold discussions with Democratic Republic of the Congo’s President Felix Tshisekedi regarding the ongoing crisis in Eastern Congo, […]
Tragic Ritual Poisonings Claim Lives in Angola
In a shocking series of events, forty-five individuals have succumbed to ritual poisonings in the central Angolan province of Bié. The fatalities occurred between December […]
U.S., Zambia, AFC Host PGI Forum to Strengthen Investment in Lobito Corridor
President of Zambia, Hakainde Hichilema, Senior Advisor to President Biden, Amos Hochstein, and President and CEO of the Africa Finance Corporation (AFC), Samaila Zubairu, convened […]
Isabel dos Santos does not respond to Angolan Justice, trial may begin in March 2024
Businesswoman Isabel dos Santos was summoned to be heard but preferred not to answer the Angolan authorities’ questions, an official source said, adding that the […]
Angola’s oil revenues fall by more than 20% in 2023
Angola’s oil revenues fell 21.3% in 2023 compared to the same period in 2022, reflecting the drop in the average price of a barrel and […]
Portuguese banking union finances 66ME water project in Angola’s Hula
A Portuguese banking syndicate will finance the construction of a water dam in the Angolan province of Huila, worth around 66 million euros, according to […]