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Angola

Lourenco successfully dims Petrobras power scandal

Denied funding by the Banco Nacional de Desenvolvimento Economico e Social (BNDES) to build the 2,070 MW Lauca hydropower dam [...]

Subscribers only Energy 20.02.2018

Cobalt restructuring gets underway

Cobalt's restructuring plan was recently approved and the company is poised to begin selling assets later this month so that it can settle its debts.

Subscribers only Energy 20.02.2018

Can Angolan minister Diamantino Azevedo save SIR?

On February 13, Angolan president Joao Lourenco discreetly dispatched his minister of oil Diamantino Azevedo to meet with the Ivorian [...]

Subscribers only Energy 20.02.2018

Spotlight
Lourenco's dissection of Dos Santos mining architecture

The sweeping changes brought throughout the mining sector by new president Joao Lourenco have kick started the mining community in action. But to ensure it isn't all just political posturing and it can actually secure foreign investment, the new administration [...]

Subscribers only Mining Running Story - The reform of diamond mining 13.02.2018

Indaba 2018: Lourenco restores interest after Dos Santos era

Investors flocked to the forum on mining opportunities in Angola held on February 6, as part of the Investing in [...]

Subscribers only 06.02.2018

Cracks appear in one of Trafigura's last strongholds

State-run firm Sonangol has prized open the oil sector a little further with its recent call for tenders for oil [...]

Subscribers only Energy 06.02.2018

Oil minister endorses former-Vasconcelos boys

Angola's minister of mining resources and oil, Diamantino Azevedo has been filling the ranks of ministry with oil experts close [...]

Subscribers only Energy 06.02.2018

Cobalt shareholders rally against Goldman Sachs and Carlyle

Now that they are considering withdrawing their complaint against the bankrupt Cobalt, its minority shareholders are seeking compensation from its leaders and main financiers.

Free access Energy 06.02.2018

Lourenco places Marcolino Moco in Sonangol as final blow against Dos Santos clan

By appointing Marcolino Jose Carlos Moco and Fortunato Ferreira do Nascimento, two long-standing MPLA members, as non-executive directors of Sonangol, [...]

Subscribers only Energy 23.01.2018

Mixed reactions to national hydrocarbon agency project

The idea of creating a national hydrocarbons and biofuels agency [...]

Subscribers only Energy 23.01.2018

Da Costa holds a book signing

Miguel Da Costa, who is now the doyen of African [...]

Subscribers only Politics 10.01.2018

Joao Lourenco hammers on with reform of oil administration

While the reform of Angola's oil sector launched by Isabel Dos Santos in 2016 had focussed mainly on restructuring the [...]

Subscribers only Energy 09.01.2018

Cobalt braces itself for bankruptcy

The debt-ridden American firm has armed itself with a battalion of advisors specialised in bankruptcy and restructuring.

Subscribers only Energy 09.01.2018

Electricity: Gen. Pedro de Morais Neto's whirlwind venture in ENDE

Appointed in March 2017 as the non-executive director of the [...]

Subscribers only Energy 09.01.2018

Police under pressure to carry out Joao Lourenco's anti-trafficking goals

New Angola president, Joao Lourenco's ambitious goals to fight against [...]

Subscribers only Mining 26.12.2017

Diamantino Azevedo to forge post-Isabel dos Santos diamond era

As Angolan state-owned company Sodiam can no longer call on [...]

Subscribers only Mining 26.12.2017

Albera Conseil advises Angola in France

Albera Conseil, the public relations company founded by Patrica Chapelotte, [...]

Subscribers only Business 20.12.2017

Cash-stripped Lourenco gives all to majors

With his back against the wall as he attempts to address the mountain of arrears Sonangol owes its oil partners, [...]