
Angola Declines OPEC 2024 Production Quota
Angola to produce over 1,1180,000 barrels of crude oil per day in 2024 to boost its economic growth following declining OPEC’s proposed production cuts.
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Angola to produce over 1,1180,000 barrels of crude oil per day in 2024 to boost its economic growth following declining OPEC’s proposed production cuts.
The move aligns with AFC’s mission to drive local participation in Africa’s energy sector, with Etu Energias serving as the largest indigenous independent in Angola.
Ivanhoe Mines has signed a mining investment contract for copper exploration in Angola’s Moxico and Cuando Cubango provinces.
The Luele Diamond Mine will boost Angola’s diamond production and revenue generation from the mining sector.
Angola saw high interest by E&P investors in the 12-block onshore licensing round.
Enhanced macroeconomic stability and the adoption of prudent monetary measures will see continued economic growth in Angola, says the International Monetary Fund.
Having received approval, the agreement is scheduled for completion by the end of 2023.
Royal Air Maroc is set to resume flights to Luanda, Angola.
Swiss multinational SGS plans to expand and diversify its presence in Angola, targeting new investments in mining and agriculture.
The Agostinho Neto International Airport is set to catalyze economic growth in the southern African country by enhancing local connectivity and fostering stronger ties with regional and international markets.