GABORONE, Mar 31 – Botswana is in preliminary discussions to take up to a 30% stake in Angola’s Lobito Oil Refinery, as …
Angola
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LUANDA, Mar 24 – Angola is moving to repurchase $1.75 billion of its outstanding 8.25% bonds due in 2028, as part of …
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LUANDA, Mar 17 – BP has announced the start of gas production at the Quiluma field in Angola, marking a significant milestone …
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LUANDA, Mar 12 – Banco Nacional de Angola has kept its benchmark interest rate unchanged at 17.5%, marking the first pause in …
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LUANDA, Feb 25 – Sonangol, Angola’s state-owned oil firm, is in talks with Chinese financial institutions to secure a $4.8 billion loan …
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LUANDA, Feb 10 – Angola’s state owned diamond producer Endiama plans to raise annual output to 17 million carats by 2027, building …
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LAGOS, Feb 9 – Angola is aiming to acquire a 20% to 30% stake in De Beers as discussions continue among African …
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LUANDA, Jan 13 – Angola has secured access to an additional $500 million in financing after extending an existing $1 billion debt …
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Luanda, Jan 7 – Shell has agreed to buy stakes in two undeveloped offshore oil blocks in Angola from Chevron, deepening its …
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Infrastructure
Angola Secures $753 Million in US and South African Financing for Lobito Rail Corridor
LUANDA Dec 18 – Lobito Atlantic Railway has secured $753 million in financing from the U.S. International Development Finance Corporation and the …