The evacuees were transported by National Air Force aircraft and landed in Luanda in the
Angola’s President Joao Lourenco demanded the immediate withdrawal of Rwandan troops from Congolese territory on Wednesday amid fighting with the M23 rebels in Goma. Lourenco, who is the African Union (AU) mediator between Congo and Rwanda, also urged the resumption of peace talks with the M23 and all other groups operating on Congolese territory.
Almost a decade ago, Mozambique revealed the hidden debts at the heart of the country’s $2bn ‘tuna bond’ saga. This led to some wringing of hands about how easily the institutions of global finance accepted opacity, lack of disclosure, and ultimately corruption risks in one of the world’s poorest nations.
The conference also commemorates 50 years of Angola’s independence and five decades of growth in the oil and gas industry, which has been achieved through factors such as transparent cooperation with major global operators,
Angola's president called Wednesday for the "immediate withdrawal" of Rwandan troops from the Democratic Republic of Congo
Angola's Ministry of Finance stressed on Thursday that it "takes its obligations to its investors very seriously" in a statement issued in response to an article in the Financial Times on the country's level of public debt,
Access to energy is essential for sustainable development, but for many rural communities, it's still out of reach. In Angola, according to the 2019-2020 agricultural census, most rural villages lack access to electricity.
Angola’s government said it’s made full disclosure of all material information related to a loan facility that’s become the subject of an arbitration process, and is confident that its debt is sustainable.
Pan-African bank Absa Bank, through its Corporate and Investment Banking division, has conditionally approved a credit term sheet for its 50% participation in an about $160-million syndicated loan facility for London-listed Pensana’s Longonjo rare earths project,
Angola plans to sell stakes in its biggest telecommunications company, Unitel, and two lenders in the coming months to attract investors, minister of economic coordination Jose de Lima Massano said.
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On January 20, 2025, in Mussulo, Angola, @Zilpa888 shared a fascinating video of a man appearing to stand and walk in the middle of the sea. In the footage, the author, riding a speedboat through the sea,