“Sonangol’s role is key to understanding what derailed the post-war economic plan – a programme to rebuild using oil and diamond revenue to fix war-damaged roads and bridges, but also to modernise and ...

(Bloomberg) -- Angolan authorities have made significant headway in fighting graft, with more than $20 billion worth of illicitly acquired assets seized domestically and abroad, according to the ...

Chevron Corporation CVX has achieved a significant milestone in its operations in Angola with the commencement of production at the South N'dola field, located in the offshore Block 0 area. This ...

Angola usually makes economic headlines on the back of its substantial oil industry, but the south-west African country is in the midst of an ongoing diversification programme that is having mixed ...

Angola is a mineral-rich African nation, with extensive natural resources including crude oil and diamonds. In fact, Angolan economic activity far outstrips that of any other sub-Saharan African ...

LUANDA, May 21 (Reuters) - Angola's economy would perform better in 2009 if the country does not comply with its OPEC oil production target, the World Bank said on Thursday. Senior World Bank ...

As one of scores of traders trying to legally sell her wares in one of Luanda's most famous markets, known as "The Congolese", the 32-year-old Angolan's complaint is not unusual. Despite the din and ...

U.S. President Joe Biden has a full plate when it comes to foreign affairs—many of which are giving him more heartburn than he would ideally prefer heading into a tightly contested bid for re-election ...

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Loading security verification... Get this delivered to your ...

For the best experience, please enable JavaScript in your browser settings. Angolan Ambassador to Kenya Sianga Abilio during an interview at their Embassy in Runda ...

This is part 5 of a 6-part series. Angola’s President João Lourenço, at the helm of Africa’s second-largest oil producer, agreed to take on the ‘ mission impossible’ of reforming Angola’s economy. The ...

LUANDA (Reuters) - Angola, which rivals Nigeria as Africa's biggest oil producer, should see its economy improve in the second half of the year as crude prices and exports rise, the head of Angola's ...