Angola entry heats up De Beers’ bidding war

Angola represents De Beers’ brightest prospects for the future with the highest chances of hosting the next “megamine,” while Botswana continues to anchor the group’s production, having contributed two thirds of output for decades. Botswana's...

African agricultural, light manufacturing product exports face shrinking market after end of Agoa

African exporters of agricultural and light manufacturing products could face shrinking market access to the US, while the expiry of the US preferential trade framework the African Growth and Opportunity Act (Agoa) is also set to undermine their...

Wale Tinubu bags Africa Energy award in S’Africa

The Group Chief Executive, Oando Plc, Wale Tinubu CON, has been awarded the Lifetime Achievement Award at Africa Energy Week 2025, in recognition of his commitment to building Oando into one of Africa’s foremost integrated energy companies. The...

Angolan authority clears Newco’s R23.3bn takeover bid for Barloworld, parties waive Comesa approval requirement

Angola’s competition authority has approved Newco’s proposed acquisition of Barloworld, fulfilling one of the key regulatory requirements for the transaction. Initially, the only remaining approval was from the Common Market for Eastern and...

ZimTrade champions local firms at Namibia’s premier agricultural expo

Zimpapers Business Hub NATIONAL trade promotion and development organisation, ZimTrade, is facilitating the participation of 13 local companies at the Windhoek Agricultural and Livestock Show (WALS), which is taking place from September 30 to...

Trice Chemicals 1st to open manufacturing facility at DIP Angola

DIP Angola, region’s first fully integrated economic zone developed by Dubai Investments, has signed its first tenant agreement with Trice Chemicals IND. LLC to establish its state-of-the-art manufacturing facility within DIP Angola’s industrial...

Angolan authority clears Newco’s R23.3bn takeover bid for Barloworld

Angola’s competition authority has given unconditional approval for the implementation of Newco’s offer to acquire industrial equipment company Barloworld. This completes the requirement for Angolan competition clearance under the conditions of...

Bayo Ojulari Reforming Nigeria Energy Future- Abiodun

6 When Bayo Ojulari assumed leadership of the Nigerian National Petroleum Company (NNPC) Limited in April 2025, he inherited more than a corporation. He stepped into a storm defined by falling oil production, chronic revenue leakages, dwindling...

Angola: UNESCO asked to reaffirm importance of devolving cultural goods

Angola asked UNESCO on Tuesday to reaffirm “the importance of restorative justice for Africans and Afro-descendants,” including the restitution of cultural goods taken from the country during the colonial era. “We are convinced that this...

Investors in Namibia’s blueberry industry aim for the big leagues

Namibia’s blueberry industry aims to emulate Peru, the world’s fastest-growing blueberry producer, in its quest to scale up its own production. Albert Basson, chief investment officer at Spitz Capital, an investment fund managed by Namibian firm...

Big Tech AI Companies Should Invest in Energy and AI Infrastructure in Africa

A public-private partnership to develop energy and Artificial Intelligence infrastructure in Africa could be a match made in Heaven. Artificial Intelligence (AI) has become the holy grail in the global information technology industry overnight,...

Angola

Angola's oil production experienced an increase year on year to 1.15 million b/d in 2024 from 1.12 million b/d in 2023, mostly driven by improved contractual terms for investments in the country's upstream sector. After being on a downward spiral...

African industries face shock as Trump ends tariff-free AGOA

Africa’s apparel and textile manufacturers – already reeling from US tariffs – will be hardest hit by the end of the US’s tariff-free African Growth and Opportunity Act, according to research by the International Trade Center (ITC). AGOA, which...

Boeing fast-tracks delivery of TAAG Angola's second B787-9

TAAG Angola Airlines (DT, Luanda 4 De Fevereiro) has announced the accelerated delivery in early October 2025 of its second B787-9, D2-TER (msn 66913), two years ahead of schedule, following negotiations with Boeing. In a statement, the airline...

DI completes Phase 1 infrastructure work on DIP Angola

Dubai Investments has already set the ball rolling by putting in place partnerships with key Angolan entities to enhance the country’s long-term competitiveness. Globalpharma, Dubai Investments’ subsidiary, recently signed an MoU with the Angolan...

Angola's Sonangol Prepares for Landmark IPO

Angola’s state oil company, Sonangol, is preparing to list up to 30% of its shares in an initial public offering (IPO) sometime in the next 24 months in what would be a milestone that could reshape not only the company itself but the country’s...

Polack Post: Caribbean Film Industry : Trump 100% Foreign Movie Tariff

By Peter Polack Peter Polack The emperor of the world recently announced that he was imposing a 100% tariff on all foreign made films broadcast in the United States. This will be bad news for the Jamaican prime minister who has just announced he...

Ukraine, Angola entering new stage of cooperation – embassy

Relations between Ukraine and Angola are entering a new stage of development, opening up additional opportunities to deepen both bilateral and multilateral cooperation. The Embassy of Ukraine in Angola said this in a statement on the occasion of...

Unlocking the Gulf of Guinea’s Economic Potential: Linking Maritime Security to Industrial Investment

The Gulf of Guinea (GoG), a region endowed with vast natural resources and strategic maritime routes, has long been recognized as a critical hub for global trade and energy production. However, its immense economic potential—estimated to exceed...

Africa’s Energy Leaders Seek to Turn Potential Into Projects

At this year’s high-profile Africa Energy Week, stakeholders from across the continent emphasised the need to transition from decades of discussion about Africa’s vast energy potential to the practical realities of financing, infrastructure, and...