The OPEC-Angola discussions that took place last week is a major pillar of the strong dialogue and cooperation between OPEC and African producing nations. The Chamber (EnergyChamber.org) welcomes these discussions and encourages more collaboration as Angola and others will benefit from market stability.
Angola
Angola: African Development Bank Approves $165 Million for Economic Diversification
The Board of Directors of the African Development Bank Group (www.AfDB.org) on Tuesday approved a $165 million loan to finance part of Angola’s three-year economic diversification support program intended to restore the country’s macroeconomic stability.
Angola to Sign Lusophone Country-Specific Compact
The Governments of Angola and Portugal and the African Development Bank, will sign a Country-Specific Compact designed to accelerate the inclusive, sustainable and diversified growth of Angola’s private sector.
“Angola needs more oil exploration, including in marginal fields to stem decline in production”
Angola is ranked second largest oil producing country in Sub-Saharan Africa and an OPEC member with an output of approximately 1.55 million barrels of oil per day and an estimated 17,904.5 million cubic feet of natural gas production.
Former BP and Equinor executive to lead the African Energy Chamber in Angola
The African Energy Chamber is pleased to announce that it has appointed Mr. Sergio Pugliese as President for Angola, effective May 1st 2019.
AfDB organizes roadshow to whet investor interest ahead of Africa Investment Forum 2019
The African Development Bank has organised a roadshow to drum up support from Angolan investors ahead of the second edition of the Africa Investment Forum (AIF) in November 2019.
10 developments that will shape Africa’s energy sector in 2019
After a year of rebound and recovery, Africa’s old and new hydrocarbons markets have an opportunity to further entrench the continent’s position as the world’s hottest oil and gas frontier in 2019.