Chad ‘repaying $100m debt to Angola with cattle’

Chad is repaying Angola a debt of $100m (£82m) with cattle, Angola’s state-run newspaper has reported. The unusual agreement is seen as creating a win-win situation for both nations – Chad is short of cash while Angola needs cattle. More…

Sahara Group lauds investment opportunities in Angola’s downstream sector

Current efforts by the Angolan government to restructure the oil and gas sector offer opportunities for collaborations between local and international companies along the value chain in the industry, Wale Ajibade, Executive Director of Sahara Group, has said. These opportunities…

Oil licensing: Nigeria lags as Angola, others move ahead (Punch)

Stakeholders in the nation’s oil and gas industry are still left guessing about when a major licensing round or at least a marginal fields bid round will be held amid a lull in exploration activities. Nigeria has the second largest…

Angola shut 34 Churches (Vanguard)

No fewer than 34 churches have been shut in Angola following an operation dubbed Operação Resgate (rescue operation), police confirmed. The national police director for communication, Mr Orlando Bernardo, said 19 churches were shut in Cabinda Province, 11 in Luanda…

Angola ex-president’s son remanded on corruption charge (Aljazeera)

The son of Angola’s former president Jose Eduardo dos Santos has been remanded in custody in a $1.5bn corruption case, a state prosecutor said. “Given the complexity and seriousness of the deeds and in order to guarantee an effective enquiry……

AFRIMA releases nominees list for fifth edition

The globally-anticipated nominees list for the 5th All Africa Music Awards (AFRIMA) has been unveiled by the African Union Commission (AUC) and the International Jury of AFRIMA. The list was released during a World Media announcement on Tuesday, August 14,…

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