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Africa Business News

Angola Tender and Business News

New $5B Oil Pipeline To Be Built Between Zambia and Angola

As part of a major move to enhance the Zambia petroleum industry, Diamantino Azevedo, Angola's minister of Mineral Resources and Oil, recently confirmed that Angola and Zambia are working together on a $5 billion project which includes a major new pipeline connecting the countries.

ENDE Ordered Removed from Strategic Partnership with Efacec Power Solutions

João Lourenço of Angola has ordered that ENDE (Empresa Nacional de Distribuição de Electricidade (Angolan National Power Distribution Company)) is being removed from the partnership at Efacec Power Solutions.The reason is because of suspicion public funds were used illegally to help pay for the partnership agreement.

Control Risks Says Risk-Reward Profiles are Improving for West African Economies

According to the new 2018 Africa Risk-Reward Index from London-based Control Risks and Oxford Economics, West African economies are seeing improved risk-reward scores this year. The underlying reasons for this are increased political stability in the region, effetive public economic reforms, and rising commodity prices.

IATA Launches Single African Air Transport Market Push

As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.

Angola Cables to Assist WACREN to Support Internet Enhancements

Angola Cables (www.AngolaCables.co.ao) has signed an agreement to support the West and Central African Research and Education Network (WACREN) (www.WACREN.net), the regional research and education network (REN) that facilitates interconnections between national RENs in West and Central Africa.

UN Moves DRC Refugees Into More Permanent 'Home'

More than 33,000 Congolese refugees are being moved by the United Nations' refugee agency from their current temporary and overcrowded facilities in northern Angola to what is hoped to be a more permanent establishment in Lóvua.

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