Tag: Angola

Oil at $85 boosts Nigeria, Angola but pressures South Africa’s economy

Oil at $85 boosts Nigeria and Angola’s revenues but raises fuel costs and inflation in South Africa.

Omokolade Ajayi Omokolade Ajayi

Angola in talks to acquire 20% to 30% of De Beers 

Angola is in talks to buy a 20% to 30% stake in De Beers as African producers discuss the future ownership of the global diamond giant.

Timilehin Adejumobi Timilehin Adejumobi

South Africa, US set to resume trade talks amid tariff deadline

South Africa, U.S. to revive trade talks in Angola, seeking to avoid tariff hikes and secure key access for autos, LNG, and critical minerals.

Timilehin Adejumobi Timilehin Adejumobi