Angola

On July 12, the Angola National Oil and Gas Agency (ANGP) made an exciting announcement: a significant gas discovery in Block 1/14, situated in the Lower Congo Basin. This development, reported by Reuters, marks a pivotal moment in Angola’s ongoing journey in oil and gas exploration. According to insights shared by ANGP, the drill encountered rocks rich in gas and condensate. Preliminary assessments indicate that this newly discovered field might contain over one trillion cubic feet of gas, along with an impressive…

In the heart of the Democratic Republic of Congo (DRC), where the rich geology supports vast mineral wealth, a transformative energy project is unfolding. Valued at an impressive $1.5 billion, this initiative directly targets the ongoing power shortages that have long hindered the development of the Copperbelt region—a hotspot for critical mineral mines. Imagine the vibrant landscape of Angola, where abundant hydropower resources glow like gems against the backdrop of its breathtaking vistas. The linchpin of this project…

The 2025 U.S.-Africa Business Summit in Luanda provided a remarkable platform for transformative dialogue and strategic engagements that are poised to redefine economic partnerships between the United States and Africa. This gathering was nothing short of historic, as it brought together an unprecedented number of Heads of State and Government. Twelve leaders—among them Presidents and Prime Ministers from various African nations—graced the summit, amplifying its significance. This summit wasn’t just marked by the…

The 2025 U.S.-Africa Business Summit, held in Luanda, served as a pivotal platform to unveil ambitious initiatives, with a staggering $2.5 billion earmarked for projects across Angola, the Democratic Republic of the Congo, Ethiopia, Sierra Leone, and Rwanda. In a post-summit statement, the State Department articulated that this monumental gathering aimed not only to cement key agreements but also to foster an environment conducive to enhancing U.S. exports and investments in Africa. The overarching goal? To champion mutual…

On June 24, 2025, Namibia took center stage at the "Invest in Namibia" Forum, held in the vibrant city of Luanda, Angola. This esteemed gathering was part of the 17th USA-Africa Business Summit, a platform designed to foster dialogue and collaboration between the two regions. Her Excellency President Dr. Netumbo Nandi-Ndaitwah delivered an inspiring keynote address, meticulously outlining Namibia's strategic vision for the future. As she spoke, attendees couldn’t help but feel a palpable sense of enthusiasm. President…

In a significant step towards enhancing regional energy infrastructure, HYDRO-LINK, a specialized company based in the United States, has embarked on an ambitious project to construct a 1,150-kilometer (720 miles) electricity transmission line linking Angola and the Democratic Republic of the Congo (DRC). This $1.5 billion endeavor is anchored by a recent memorandum of understanding with the Angolan government. The DRC, endowed with a wealth of minerals, faces an acute challenge: an erratic power supply that stifles its…

Business leaders and influential figures from across Africa have converged in Luanda, Angola, for the much-anticipated 17th U.S.-Africa Business Summit. This significant event is organized by the Corporate Council on Africa and proudly hosted by the Angolan government. Participants range from heads of state representing nations such as Algeria, Botswana, and Ethiopia to policymakers and industry leaders eager to explore new opportunities and forge stronger economic collaborations. Imagine the bustling atmosphere of the…

U.S.-Africa Business Summit: Bridging Opportunities and Building Relationships The U.S.-Africa Business Summit, orchestrated by the Corporate Council on Africa (CCA), serves as a crucial platform that unites heads of state from African nations, high-ranking U.S. government officials, business leaders, and development partners. Each gathering invites thoughtful consideration of the intertwined futures of these diverse players. This year's summit arrives at a pivotal moment in history. In the wake of years marked…

The Future of Africa’s Energy Landscape: A Deep Dive into the Infrastructure Report 2025 The African Finance Corporation (AFC) recently unveiled its “State of Africa’s Infrastructure Report 2025,” a pivotal document that sets the stage for the continent's energy future. This report paints an optimistic picture, suggesting that with proper management of existing and upcoming refineries, Africa’s dependence on imported petroleum products could witness a significant decline. Imagine a continent where resources are utilized…

The United Nations High Commissioner for Refugees (UNHCR) has announced a significant change in its operations. As the year draws to a close, the organization will shutter its offices in Angola due to financial constraints. These decisions stem from a troubling decline in donations and funding, reflecting a broader global trend that is impacting humanitarian efforts worldwide. Emmanuelle Mitte, the UNHCR representative in Angola, articulated the challenges facing the organization. She emphasized that the closures,…