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Angola

Angola Raises More Than $300 Million in Oversubscribed Unitel IPO

Angola has raised 300.3 billion kwanzas (about $329 million)...

Angola’s BFA to Join China’s CIPS as Yuan Demand Rises Across Africa

Banco de Fomento Angola (BFA), Angola’s second-largest commercial bank,...

Angola Becomes First African Customer for Aero Vodochody’s L-39 Skyfox Trainer Jets

Czech aircraft manufacturer Aero Vodochody Aerospace has secured new...

Azule Energy Approves $5.1 Billion Angola Offshore Project to Strengthen Future Oil Production

Azule Energy, the joint venture between BP and Eni, has given the final investment approval for the $5.1 billion Greater PAJ offshore oil project...

Angola’s Sonangol Secures $2.65 Billion Financing From International Lenders

Angola’s state-owned oil company, Sonangol, has secured a $2.65 billion financing facility from a consortium of international lenders, strengthening its capacity to fund operations...

Afentra plans new Angola exploration drilling campaign by 2027

Afentra is targeting new exploration wells offshore Angola by 2027 as the company expands its footprint in one of Africa’s leading oil-producing nations. Company...

AFC mobilises global lenders including Citi to finance Lobito corridor project

Africa Finance Corporation is lining up a consortium of regional and international lenders, including Citigroup, to finance the strategic Lobito Corridor project, underscoring rising...

Chevron Sells Stake in Angola’s Block 14 and 14K to Energean for $260 Million

U.S. oil major Chevron has agreed to sell its stake in offshore Block 14 and Block 14K in Angola to London-listed energy company Energean...

Angola Secures World Bank and MIGA Guarantees for Debt-for-Education Swap

The government of Angola has secured financial guarantees from the World Bank and its insurance arm, the Multilateral Investment Guarantee Agency (MIGA), to support...
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