Afreximbank, APPO sign up to energy bank plan
Afreximbank has signed a memorandum of understanding (MoU) with the African Petroleum Producers Organization (APPO), with the dream of creating an energy bank.
João Lourenço
Updated: Italy ties up gas plans with Angola, Congo Brazzaville
Italy has secured a deal to increase gas supplies from Angola, following high level talks between Italian Minister of Foreign Affairs Luigi di Maio and Angolan President João Lourenço.
DP World signs up for Angola, Senegal port push
DP World has been approved to move forward on the port of Luanda, in addition to striking an agreement for a new terminal in Senegal.
Angola tallies corruption cost, eyes Sonangol listing
Angolan President João Lourenço said his predecessor had overseen the loss of $24 billion, in an interview with the Wall Street Journal.
DOF Subsea wins Angola vessel work
DOF Subsea has won an integrated field support vessel (FSV) contract from an unnamed IOC in Angola.
Angolan leaks put Isabel dos Santos in the crosshairs
The disclosure of a cache of company information has brought further scrutiny to Isabel dos Santos, who is already under investigation in Angola.
Big fish in Angola’s small pond
Angolan production has continued to decline, falling to 1.284 million barrels per day in November, making the government’s efforts to overhaul its energy sector and attract new investment ever more important.