Tag: Angola

Angola’s Cabinda refinery begins fuel shipments amid global supply strain

Angola’s Cabinda refinery begins fuel shipments, boosting local supply and easing import dependence amid global oil disruptions.

Omokolade Ajayi May 10, 2026

President João Lourenço, President Oligui Nguema sign three deals to deepen Angola-Gabon

Business Technology

Angola, Gabon deepen ties with new cooperation agreements across Africa

Africa’s growing focus on regional cooperation was on display this week as Angola and Gabon signed new agreements aimed at expanding trade, strengthening investment ties and building industries beyond oil. The accords, reached during high-level talks in Luanda, reflect a wider shift across the continent as resource-rich nations work to broaden their economies, create jobs and reduce long-standing dependence on…

Oluwatosin Alao May 7, 2026

Business Hot News

Alain Nkontchou’s Enko Capital backs Angola solar projects with $100 million

Enko Capital deploys $100M fund into Angola’s 72.4MW Luneta solar project, boosting renewable energy capacity and private credit use.

Feyisayo Ajayi April 29, 2026

Angola seeks AfDB loan as oil supports growth amid debt pressure

Business Technology

Angola seeks AfDB support as oil cushions impact of global shocks

Angola is seeking fresh support from the African Development Bank as it works to steady its finances in a volatile global environment, even as stronger oil prices offer some relief. The government is in talks for a $165 million budget support loan, part of a wider plan to raise about $1 billion from external sources this year. Officials say the…

Oluwatosin Alao April 17, 2026