Dos Santos stands down as head of Angola ruling party
Angola's former long-time president Jose Eduardo dos Santos is to stand down as head of the ruling MPLA party, officials said Friday, underlining the country's historic transfer of power. Joao Lourenco, who succeeded dos Santos as president last year, will also replace him as party leader in September, the MPLA said in a statement. Dos…
In search of an ‘economic miracle’ Angola taps into the IMF
Angola’s finance ministry said it had requested non-financial assistance from the International Monetary Fund to help it implement economic reforms, as Africa’s second-largest crude producer continues to suffer from a lower oil price.
Nigeria upstages Angola in crude oil production
Nigeria has steadily overtaken Angola as the top oil and gas producer in Africa, with an increased out put of 91,500 barrels per day (bpd) in February 2018.
Angola rivalry as veteran Dos Santos casts long shadow
Tensions between Angola's president and his long-serving predecessor have erupted into the open as an anti-corruption drive targets the former ruler's family.
Nigeria humbles Angola 2-1 at CHAN, through to semifinals
CHAN Eagles yesterday secured their place in the semifinals of the African Nations Championship (CHAN) with a 2-1 hard-earned victory over the Palancas Negras of Angola at the Stade Ibn Batouta in Tangier, Morocco.
CHAN 2018: Eagles rally to book semi-final spot
The home-based Super Eagles rallied from a goal down to defeat Angola and seal their place in the semi-finals of the 2018 African Nations Championship (CHAN) on Sunday.
Angola opens up fuel imports with first major tender
Angolan state oil firm Sonangol has issued its first public tender to buy refined products to widen its import base, market sources who have seen the tender said, in a sign the country is committed to reforming its oil industry. For years OPEC member Angola has largely relied on commodities trader Trafigura for fuel imports.…
Angola oil giant probes Isabel dos Santos graft claims
Angola's state oil company has announced an investigation into "possible misappropriation" of funds by Isabel dos Santos, the daughter of the former president, during her time as the company's chief executive.