Tag: Angola
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🇦🇴 Diamond mining in Angola amounted to 10.7 million carats from January to September of the current year, with a target of 14.8 million carats for 2025.
The African country mined a record 14 million carats in 2024, making it one of the top three largest diamond producers, second only to Russia and Botswana. The Secretary of State for Mineral Resources, Jânio Correia Victor, specified that diamond production in Angola in the first half of 2025 exceeded the same period last year…
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🌍 Four African Countries Removed From Global Illicit Money Flow List
In a major boost for Africa’s financial reputation, the Paris-based Financial Action Task Force (FATF) has officially removed Burkina Faso, Mozambique, Nigeria, and South Africa from its “grey list” — a designation for countries under increased monitoring for weaknesses in combating money laundering and terrorist financing. A New Chapter for Four Reform Leaders 🇧🇫 Burkina…
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🇻🇪 Nicolás Maduro and Venezuelan VP on African Mission to Extract Oil Capital
Venezuelan President Nicolás Maduro and his Vice President have launched a new diplomatic and economic mission to Africa, seeking to deepen ties with the continent’s leading oil-producing nations. The visit comes at a time when Venezuela’s hydrocarbons sector is under immense strain due to U.S. sanctions, which have severely restricted its access to capital and…
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Accra and Luanda Take the Lead in Organizing Global Africa Day 2025 in Washington
Washington, D.C., April 2025 – As the calendar inches closer to May 25, anticipation is building for Global Africa Day in the U.S. capital. Traditionally a vibrant gathering that spotlights the continent’s rich cultures, dynamic economies, and forward-looking leadership, this year’s commemoration will be spearheaded by Ghana and Angola—two nations eager to showcase Pan-African solidarity…
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What Drives Population Growth in Africa and Decline in Europe? Insights into South Sudan, Niger, Angola, and Benin vs. Eastern Europe and Island Nations
As 2024 comes to a close, the demographic landscape across the globe reveals stark contrasts, with Africa leading the way in population growth while several regions in Europe and island nations experience significant declines. According to recent data, African nations such as South Sudan, Niger, Angola, and Benin are at the forefront of this growth,…
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Isabel dos Santos: From Africa’s Richest Woman to Political Target?
Isabel dos Santos, once celebrated as Africa’s richest woman and a pioneering entrepreneur, now finds herself at the center of a contentious legal and political battle. The Angolan tycoon, who is the daughter of former President José Eduardo dos Santos, claims the allegations of embezzlement and corruption leveled against her by the Angolan government are…
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🇦🇴 Angola’s Cabinda oil refinery to start up by April, Gemcorp CEO says
Angola’s Cabinda oil refinery is set to start production by April, as it finishes its very first stage simply ahead of schedule but over spending plan, the CEO of Gemcorp Holdings Minimal, the job’s greatest shareholder, told Reuters on Tuesday. The refinery will be commissioned in January-February, with its very first products of fuels reaching…
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Race for Africa: Biden to visit Angola as the nation’s ties with China are burgeoning
US President Joe Biden will visit Angola from October 13-15 to “strengthen ties” with Africa and counter China’s growing influence. Biden’s agenda includes discussing economic issues, such as the 1,300 km Lobito Corridor railway project connecting the Atlantic and Indian Oceans, with Angolan President Joao Lourenço. Lobito Corridor: Western project to squeeze China out The…
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Biden to make first Africa visit with Angola trip in coming weeks, sources say
US President Joe Biden is planning a trip to Angola in coming weeks, fulfilling an earlier promise that would make him the first U.S. head of state to visit sub-Saharan Africa since Barack Obama in 2015, three sources familiar with the plans said. The trip, which is still being finalized, is likely to occur after…
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Angola announces ceasefire deal between DR Congo and Rwanda
Angola on Tuesday announced a ceasefire agreement between the Democratic Republic of Congo (DRC) and Rwanda. The deal follows a meeting between the foreign ministers of Rwanda and DRC hosted by Angolan President Joao Lourenco at the presidential palace in the capital, Luanda. Kinshasa has long accused Kigali of backing M23 rebels fighting the army…
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