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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Angola's food imports notably up in 2022

Xinhua 02 Feb 2023
2 (Xinhua) -- Angola ... According to Joel Fute, the director of the Statistics Department of the National Bank of Angola (BNA), among the imported products, palm oil, rice, cooking oil, sugar and chicken leg topped the list ... Angola's food imports notably up in 2022....
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Sierra Leone invites investors to engage in Licensing Round at Invest in African Energy reception

The Patriotic Vanguard 01 Feb 2023
Sierra Leone's Petroleum Directorate recently signed a cooperation agreement with Angola's National Agency for Oil, Gas and Biofuels, with a view to establishing a shared commitment to promoting and intensifying collaboration across the oil and gas sector ... Angola and Sierra Leone....
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China’s ‘warm embrace’ not in Africa’s best interest

Business Day 01 Feb 2023
Angola is the biggest recipient of China’s concessional lending to Africa, borrowing $42bn between 2000 and 2020. Perhaps incidentally, it is also the continent’s biggest exporter of oil to China. In 2021, 72% of Angolan oil went to China. Angola is now scrambling to leverage higher oil prices to pay off its debt to Chinese banks ... ....
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Angola: Oil, Mining Companies Amongst Most Polluters in Angola

All Africa 31 Jan 2023
Luanda -- Oil and mining companies in Angola are said to be amongst the most polluters in the country, a National Environment expert has said .......
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Salami: To Boost Revenue, FG Should Explore IJVs in Upstream Oil Subsector

This Day 31 Jan 2023
Ayo Salami, harps on the need for the federal government to explore the option of Incorporated Joint Ventures model provided for in the Petroleum Industry Act to shore up revenue from the oil sector ... It’s not a strange concept in the Nigerian oil and gas industry ... And at some point last year, Angola surpassed Nigeria in oil production....
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How palm oil became the world's most hated, most used fat source

Hastings Tribune 30 Jan 2023
(THE CONVERSATION) Palm oil is everywhere today ... But despite boycott campaigns, the world uses more palm oil than any other vegetable oil – over 73 million tons in 2020. That’s because palm oil is cheap ... Palm oil has long been a staple food in a region stretching from Senegal to Angola along Africa’s western coast ... Palm oil colonialism....
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Expert Applaud FG for Increased Oil Production

This Day 29 Jan 2023
An indigenous player in the oil and gas sector, Mr ... and return as largest oil producer in Africa ... The OPEC report said that Nigeria has also seen improved oil output for November 2022, a development that saw Angola and Algeria trail in second and third positions respectively....
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Angola urges restraint in Ukraine as Lavrov visits

Business Ghana 27 Jan 2023
Angola has expressed concern over the use of heavy military equipment in the war in Ukraine as Russian Foreign Minister Sergei Lavrov visits the oil-rich southern African country. In a statement on Wednesday, the Angola foreign affairs ministry said the use of ......
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China's lending debacle: Development loans hit 13-year low

Beijing News 25 Jan 2023
General purpose lending to state-owned oil companies, for example in Angola, Brazil, Ecuador, Russia and Venezuela reached USD 60 billion between 2009 and 2017 ... Angola was the third largest recipient, with USD 33 billion for projects in transport, agriculture, water and oil, with Kenya, Ethiopia and Egypt also among the top African borrowers....
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200,000 Bpd Angola Oilfield To Be Offline For More Than A Month

Oil Price 24 Jan 2023
The maintenance, which is expected to last for 35 days, will significantly reduce oil supply from Angola to ......
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ANGOLA : TotalEnergies, AFD and president Macron help Louren�o to keep Angola's economy stable

Africa Intelligence 24 Jan 2023
Angola, which is home to TotalEnergies' main subsidiary in terms of production, on level pegging with Nigeria and ahead of Congo, will get special attention from the French oil group's CEO, Patrick Pouyanne, in 2023. The group's production in Angola .......
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Sun sets on abandoned fields in Mauritania and Ghana

Upstream Online 24 Jan 2023
Outside the mature oil and gas provinces of Nigeria, Gabon and Angola, these types of marine campaigns are ......

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