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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Pipeline to bolster East Africa stirs controversy

Independent online (SA) 18 Apr 2021
Cape Town - Ugandan President Yoweri Museveni’s pragmatic pan-African approach to the East African Crude Oil Pipeline (Eacop) is set to bolster the region’s dominance after all parties signed the agreement for construction to begin ... oil as early as 2025, reported Daily Monitor....
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Angolan national oil company sells 31.78 pct of its stake in Puma Energy

China.dot.org 17 Apr 2021
LUANDA, April 17 (Xinhua) -- Angolan National Fuel Society (Sonangol), the Angola's state oil company, has sold 31.78 percent of the stake it held in Puma Energy, for 600 million U ... oil, telecommunications and finance sectors....
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World Bank calls for growth-enhancing policies to re-align SA economy

Independent online (SA) 16 Apr 2021
JOHANNESBURG - THE WORLD Bank has urged South Africa to implement growth-enhancing policy interventions as the country’s recovery from the Covid-19 impact would be way less than that of its peers ... He said oil producers Angola and Nigeria would grow by 0.4 percent and 2.5 percent respectively ... - additional reporting by Reuters ... BUSINESS REPORT ....
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Wealthy countries must help Sub-Saharan Africa in 2021, says IMF

Business Day 15 Apr 2021
Sub-Saharan Africa is set to record the slowest economic growth of any world region this year as the continent struggles to bounce back from a pandemic-triggered downturn, the International Monetary Fund (IMF) said on Thursday ... Africa’s rebound will be uneven ... Oil producers Angola and Nigeria, meanwhile, will grow by 0.4% and 2.5%, respectively....
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Sub-Saharan Africa to see world's slowest growth in 2021 - IMF

Independent online (SA) 15 Apr 2021
JOHANNESBURG - Sub-Saharan Africa is set to record the slowest economic growth of any world region this year as the continent struggles to bounce back from a pandemic-triggered downturn, the International Monetary Fund (IMF) said on Thursday ... Oil producers Angola and Nigeria, meanwhile, will grow by 0.4 percent and 2.5 percent respectively ... REUTERS ....
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Angola: Angola Optimistic About Future of Oil Sector

All Africa 14 Apr 2021
Luanda -- Angolan minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, reiterated, on Monday, optimism about the future of the oil sector in Angola, which presents itself with "great" potential .......
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Old Customers Impatient to Resume Oil Imports From Iran

Kayhan 14 Apr 2021
Iran’s oil production had jumped by 62,000 and 35,000 barrels per day in January and February, respectively ... China has reportedly been making record imports of crude from Iran, forcing sellers of oil from countries such as Brazil, Angola and Russia to divert shipments to India and Europe ... OPEC Reports Iran’s Oil....
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Oil customers impatient to resume oil imports from Iran

Press TV 14 Apr 2021
Iran’s oil production had jumped by 62,000 and 35,000 barrels per day in January and February, respectively ... China has reportedly been making record imports of crude from Iran, forcing sellers of oil from countries such as Brazil, Angola and Russia to divert shipments to India and Europe ... The report prompted oil prices to rally towards $64 a barrel....
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ANGOLA : ENI bets on infrastructure-led exploration to cut production costs

Africa Intelligence 13 Apr 2021
A ray of sunshine broke through weeks of gloom in Angola's oil industry on 6 April with ENI's announcement of .......
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Eni’s Latest Oil Discovery Could Be Big For Angola

Oil Price 11 Apr 2021
Italian firm Eni has made a new light oil discovery off the coast of Angola after exploration activities ......
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Variant hunters race to find new strains where variant testing lags

Ars Technica 10 Apr 2021
In mid-February, three travelers were stopped at the airport in Luanda, Angola. Even during the pandemic, the country, a hub for the oil industry, had seen plenty of passengers from Europe and South Africa, where two concerning variants of the virus that causes Covid-19 hold sway....
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Spain's Prime Minister Sanchez on charm offensive in Africa

Ghana Web 09 Apr 2021
Spain's Prime Minister Pedro Sanchez wrapped up business in Angola on Thursday with the signing of agreements on fishing, agriculture and industry as bilateral cooperations between the countries intensify ... For its part, Angola is, in turn, seeking new markets to diversify its economy away from oil....
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