APRNEWS - French oil giant Total said Tuesday it had launched crude oil production at the second half of its Kaombo facility off Angola, sub-Saharan Africa's second-largest oil producer.
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APRNEWS - Portuguese President Marcelo Rebelo de Sousa is in the Angolan capital of Luanda where, together with his counterpart Joao Lourenco, they will continue to restore relations that have previously been strained by anti-corruption issues.
APRNEWS - Angola and contradicted analysts forecasts about the results of the first meetings, this year, of their respective monetary policy committee.
Early January 2019, analysts unanimously forecasted that major Sub Saharan economies would keep their benchmark interest rates but, this was not the case for these two economies.
REUTERS - The daughter of a former president of Angola failed to respond to her first summons from state prosecutors to answer questions about her time running Sonangol, the state oil company, Angola’s state news agency reported.
APRNEWS - Africa’s second-largest crude producer, Angola, is cutting tax rates on development of marginal oil fields, a new feat, Joao Lourenco, the country’s president, is trying, in order to slow down the decline of oil production.