Angola

Coordinates: 12°30′S 18°30′E / 12.500°S 18.500°E / -12.500; 18.500

Angola /æŋˈɡlə/, officially the Republic of Angola (Portuguese: República de Angola pronounced: [ɐ̃ˈɡɔlɐ]; Kikongo, Kimbundu and Umbundu: Repubilika ya Ngola), is a country in Southern Africa. It is the seventh-largest country in Africa, and is bordered by Namibia to the south, the Democratic Republic of the Congo to the north, Zambia to the east, and the Atlantic Ocean to west. The exclave province of Cabinda has borders with the Republic of the Congo and the Democratic Republic of the Congo. The capital and largest city is Luanda.

Although its territory has been inhabited since the Paleolithic Era, modern Angola originates in Portuguese colonization, which began with, and was for centuries limited to, coastal settlements and trading posts established from the 16th century onwards. In the 19th century, European settlers slowly and hesitantly began to establish themselves in the interior. As a Portuguese colony, Angola did not encompass its present borders until the early 20th century, following resistance by groups such as the Cuamato, the Kwanyama and the Mbunda. Independence was achieved in 1975 after a protracted liberation war. That same year, Angola descended into an intense civil war that lasted until 2002. It has since become a relatively stable unitary presidential republic.

Latest News for: Angola oil

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Israel in ‘weak countries club’ if it looks away while Cyprus acts – study

The Jerusalem Post 23 Nov 2020
Using the examples of the South Pars/North Dome Gas-Condensate field, which Iran and Qatar share; the Jubilee oil field that, while mostly Ghanian, also has a part controlled by the Ivory Coast; or the dispute between Congo and Angola over oil....
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A blueprint for how Africa can play to its strengths

Business Day 23 Nov 2020
Industrial policy is in fashion in Africa ... This is a worthy and necessary long-term goal ... Yet something is amiss ... Elsewhere in the region countries like Nigeria and Angola could fix tax leakages in the system, especially from important industries such as oil and mining, to build the cash buffers for investment in productive sectors of the economy ... ....
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Earth Talk: How widespread are problems caused by the emerald ash borer?

Atlantic City 22 Nov 2020
Coal, oil, and natural gas are produced by 83 of these companies ... Headquartered in Vienna, Austrian Mineral Oil Administration (OMV) is one of the largest industrial oil and gas companies in Austria, with 24,000 employees in 30 countries ... Angola is Africa’s second largest oil producer, and Sonangol has an exclusive license to produce and export it....
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Ban on liquor sales during lockdown dents Shoprite’s growth

Business Day 16 Nov 2020
Africa’s largest retailer Shoprite says lockdown restrictions on liquor trade cut sales growth in its core SA market by more than half in the three months to September, partially masking the effects of market share gains ... It continues to face challenges trading in Africa, specifically in Angola, whose economy is linked to the oil price....
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Lockdown ban on liquor trade dents Shoprite growth

Business Day 16 Nov 2020
Shoprite, Africa’s largest retailer, says lockdown restrictions on the liquor trade cut sales growth in its core SA market by more than half in the September quarter, partially masking the effects of market share gains ... It continued to face challenges trading in Africa, specifically in Angola, an economy linked to the oil price....
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Time For Africa to Diversify From Crude Oil

FX Empire 13 Nov 2020
Its total oil output stood at 101.4 million tons, followed by Angola (69.1 million tons), and Algeria (64.3 million tons) ... It is fair to say that despite the blurry outlook on energy demand globally, it’s high time for leading African oil ......
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EM&I wins underwater inspection contract in Angola

Oilfield Technology 13 Nov 2020
EM&I has been awarded a significant contract to carry out four ODIN® diverless UWILDs (Under Water Inspection in Lieu of Drydocking) for an oil major in Angola ... https.//www.oilfieldtechnology.com/offshore-and-subsea/13112020/emi-wins-underwater-inspection-contract-in-angola/....
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Angolan strategy to mitigate COVID-19, promote direct investment

Korea Times 12 Nov 2020
In the same sequence, in October 2019, the National Agency for Oil, Gas and Biofuels of Angola was created, which manages sales of oil and gas concessions, and announced a tender for 10 oil exploration blocks in the Namibe and Benguela basins ... respond to Angola's new challenges....
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Africa’s ‘big five’ face 19% fall in oil production as demand slows

Independent online (SA) 12 Nov 2020
JOHANNESBURG – Global oil demand is estimated never to exceed 2019 levels, with energy markets having reached a tipping point. PricewaterhouseCoopers' (PwC) Africa Oil & Gas Review 2020 released on Wednesday estimated a 19 percent fall in oil production for the top five African producers. Nigeria, Algeria, Angola, Libya and Egypt....
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Angolan police fire tear gas at illegal protest

BBC News 11 Nov 2020
Last month, dozens of people were arrested during a similar protest. Angola is one of Africa's biggest oil exporters but most of its people live in poverty ... ....
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Heerema closes off Angola joint ventures

Splash24/7 09 Nov 2020
According to the company, the ongoing poor market conditions and sustained low oil price made its Angola joint ventures no longer economically viable, and it has concluded that the closure of Heerema Porto Amboim ......
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How PF lost the economy

Zambian Watchdog 04 Nov 2020
1 ... Low oil prices 3. High agro-demand from Angola and DRC 4 ... ....
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