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


Top 10 Highlights from AOG 2023

Business Ghana 22 Sep 2023
Angola’s premier event for the oil and gas sector, the Angola Oil & Gas (AOG) Conference and Exhibition, took place in Luanda from September 13-14 ... In addition to the conference program, AOG 2023 featured a technical program exploring the latest trends in Angola’s oil and gas industry....

African foreign currency liquidity shortages are driving financial innovation

Independent online (SA) 22 Sep 2023
Kenya, Ghana, Tanzania, Nigeria, and Angola have recently struggled with US dollar liquidity shortages, and this is creating a challenging operating environment in which to attract Foreign Direct Investment (FDI) ... Angola, for instance, is an interesting market. As an exporter of oil, there should be a dollar-rich operating environment....

Angola: First Post-Financing Assessment Discussions-Press Release

International Monetary Fund 21 Sep 2023
... through 2022, aided by high oil prices ... However, Angola faces significant challenges in 2023, including a worsening outlook for oil prices, lower oil production, a highly uncertain external environment, and the need to unwind last year’s large fiscal loosening....

Companies turn to Cuba following landmark onshore discovery

Upstream Online 20 Sep 2023
Australian independent Melbana Energy in partnership with Angola state-owned company Sonangol have successfully unlocked oil in ......

Afentra Shares Rise on Restoration of Listing

Market Watch 18 Sep 2023
Shares in Afentra rose Monday after the oil-and-gas company was restored to trading in London, having been temporarily suspended in July pending the publication of an admission document related to offshore acquisitions in Angola....

How China lost the Global South

Deccan Herald 17 Sep 2023
However, a creditor could also use loans, aid, holding of forex reserves or other tools of leverage to elicit political support, chase strategic resources like oil, or assets like ports, or even pursue ambitious goals of domination. China’s ‘loan-for-oil’ in Angola, for instance, has become controversial....

Executives Discuss Small And Medium-Sized Enterprises (SME) Financing At Angola Oil & Gas (AOG) 2023

MENA FN 15 Sep 2023
(MENAFN - African Press Organization) Executives from the insurance and banking sectors participated in a panel discussion at the Angola Oil & Gas (AOG) 2023 conference and exhibition taking place ... ....

Angola Oil & Gas (AOG) 2023 Promotes Downstream Opportunities For Local Angolan Players

MENA FN 15 Sep 2023
(MENAFN - African Press Organization) Angola's downstream oil and gas sector is rapidly expanding as efforts to reduce the reliance on imported petroleum drive new investment into large-scale ... ....

Angola Oil & Gas (AOG) 2023 Explores the Strategic Imperative of Local Content

APO 15 Sep 2023
During the Angola Oil & Gas (AOG) 2023 conference (https.// in Luanda this week, organized by Energy Capital & Power (https.//, a panel of experts explored the strategic imperative of local content in Angola, with speakers emphasizing the critical value of collaboration and investment in this area....

Ambipar, Kini Energias Sign Agreement For Professional Development In Luanda

MENA FN 15 Sep 2023
(MENAFN - African Press Organization) Download logo The second day of the Angola Oil & Gas (AOG) 2023 conference and exhibition featured the signing of a partnership agreement between environmental ... ....

Angola/Mauritania/Senegal : Tatarstan rolls out flagships Tatneft and KamAZ to bring refinery and LAVs to continent

Africa Intelligence 15 Sep 2023
To help remedy its dire lack of refinery capacity, despite being one of Africa's three biggest crude oil producers alongside Libya and Nigeria, Angola may soon work with the state of Tatarstan. The primary source of revenue for the majority-Muslim .......

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