The International Monetary Fund (IMF) has reduced its growth forecast for several African countries, warning that the continent’s economic progress may slow down if certain challenges are not addressed quickly. …
Angola
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AfricaDigital EconomyEconomySouth Africa
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AfricaBusinessEconomyEnergyInternational RelationsOil & Gas
Nigeria’s Walcot Group wins three oil blocks in Angola
Walcot Group, a well-known Nigerian energy company, has signed a production sharing contract (PSC) with the Angolan National Agency for Petroleum, Gas, and Biofuels (ANPG). The signing took place last …
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Access BankAfricaAFRICA NEWSSouthern Africa
Access Holdings expands into Angola, takes over Finibanco S.A. Bank
by Editorby EditorAccess Holdings has completed its bid to gain a foothold in Africa’s second-biggest oil producer, Angola, about two and a half months after announcing it had scaled regulatory hurdles to acquire …
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AFRICA NEWSSouthern AfricaTravel & Tourism
Tourism set to bloom in Angola’s desert region
by Editorby EditorThe south-west African country is waking up to its tourism potential, offering opportunities for visitors and investors alike. The south-west African country of Angola is waking up to its tourism …
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Access BankAfricaAFRICA NEWSBanking, Finance & InvestmentBusinessCentral AfricaNewsNigeriaWestern Africa
Access Bank to acquire majority stake in Angola-based Finibanco
Access Holdings Plc, trading as Access Corporation, on Tuesday announced its planned acquisition of majority equity stake in Angola-based Finibanco S.A by Access Bank Plc. Sunday Ekwochi, Company Secretary of …
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AfricaAFRICA NEWSBusinessCentral AfricaEconomyNewsNigeriaOil & GasWestern Africa
Angola overtakes Nigeria as Africa’s largest oil producer in August
Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the first time in more than five years. Angola’s average daily output in August of …
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The Africa Finance Corporation (AFC) says it is in talks with the Angolan government to provide a $1 billion funding commitment to support the country’s rail, power and natural resources …
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The historic launch of the very first oil platform in the Angola will take place in June with export figures more than satisfactory at the end of 2021 to the …