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

Edit

FX Week Ahead: Cedi poised for further weakness as dollar demand persists

B & FT Online 17 Sep 2021
Angola earns rating uplift as economy poised to end five years of contraction. Angola this week saw Moody’s raise its credit rating one level to B3 from Caa1, six places below investment grade, supported by the country’s improved fiscal position and rising oil prices....
Edit

GECF shines spotlight on Angola's potential

MENA FN 17 Sep 2021
(MENAFN - The Peninsula) The Peninsula The Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing countries, participated in the 2nd edition of the Angola Oil and ... ....
Edit

Vigilance at sea: Maritime watchdog scare off pirates

Graphic 17 Sep 2021
The move is in a bid to curb the growing pirate attacks on the high seas ... Ransom ... Trend ... Attacks ... The Gulf of Guinea is a vast and diverse region stretching from Senegal to Angola, covering approximately 6,000 km of coastline. It is an important shipping zone transporting oil and gas, as well as goods to and from central and southern Africa ... ....
Edit

IMF approves $67M emergency support for Equatorial Guinea

Anadolu Agency 16 Sep 2021
“What is strange though is that the country is endowed with oil and other natural resources. The president of Equatorial Guinea is one of the richest in Africa ... After Nigeria and Angola, Equatorial Guinea ranks second among Africa’s oil producers alongside Sudan, South Sudan and neighbors the Republic of the Congo and Gabon ... ....
Edit

GECF participates in Angola Oil and Gas Conference

MENA FN 15 Sep 2021
(MENAFN - Gulf Times) Doha-headquartered Gas Exporting Countries Forum (GECF) participated in the 2nd edition of the Angola Oil and Gas Conference, highlighting the immense energy potential of ... ....
Edit

Angola's ex-leader Dos Santos back home after 30-month exile -ANGOP

Reuters 15 Sep 2021
He was replaced by Joao Lourenco, candidate for the incumbent's People's Movement for the Liberation of Angola (MPLA) ... A Dutch court last month ruled that a half-billion-dollar stake in the Portuguese oil company Galp linked to her must be handed over to Angola, since its acquisition was "tainted by illegality." read more....
Edit

Angola ex-President Dos Santos returns home months before election

Ghana Web 15 Sep 2021
He landed in Angola's capital Luanda on Tuesday morning after spending two years in Barcelona, Angop reported ... Her half-brother Jose Filomeno dos Santos was sentenced to five years in prison in August last year for diverting oil revenues from Angola's sovereign wealth fund, which he oversaw from 2013 to 2018....
Edit

Angola’s ex-leader Dos Santos back home after 30-month exile -ANGOP

Metro USA 14 Sep 2021
He was replaced by Joao Lourenco, candidate for the incumbent’s People’s Movement for the Liberation of Angola (MPLA) ... A Dutch court last month ruled that a half-billion-dollar stake in the Portuguese oil company Galp linked to her must be handed over to Angola, since its acquisition was “tainted by illegality.”....
Edit

Angola Oil & Gas (AOG) 2021: Sonangol IPO Program Announced at AOG 2021

APO 13 Sep 2021
Angola’s Minister of Mineral Resources, Petroleum and Gas, H.E Diamantino Azevedo, Announced the launch of Sonangol’s Initial Public Offer (IPO) program during Angola Oil & Gas (AOG) 2021, which took place on September 9-10 in Luanda....
Edit

OPEC Member States' Compliance With Oil Cuts in August Increased to 120% - Report

Urdu Point 13 Sep 2021
Crude oil output increased mainly in Iraq, Saudi Arabia, the UAE and Angola, while production decreased primarily in Nigeria," the report read ... The oil producing nations are currently taking 4.96 mbd off the market every month....
Edit

Angola and UAE and prepare cooperation agreements

Ghana Web 12 Sep 2021
Several cooperation agreements between Angola and the United Arab Emirates ... Angola and the United Arab Emirates cooperate in the oil and gas, mining, trade and investment, energy, defence, transport, agriculture, fisheries, banking, telecommunications, and finance and tax sectors....
Edit

Brazil looks to become a top-5 oil producer

Beijing News 11 Sep 2021
In a little over a decade Latin America's largest economy Brazil has become a leading global oil producer ... That has caused Brazil to slide from being the third-largest source for China's crude oil imports to fifth place behind Angola at fourth, Iraq in third, and Russia then Saudi Arabia ranked second and first respectively....
Edit

Angola Oil & Gas (AOG) 2021 Addresses Energy Transition Impacts on Oil and Gas

MENA FN 10 Sep 2021
(MENAFN - African Press Organization) Under the theme 'Angola Oil and Gas Industry. The Roadmap to Regeneration and Growth,' the Angola Oil & Gas (AOG) 2021 conference, organized by Energy Capital ... ....

Most Viewed

×