Angola

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,…

Gabon’s Political Transition and the Release of Ali Bongo Ondimba The former President of Gabon, Ali Bongo Ondimba, has been freed from house arrest and has journeyed to Luanda with his family, according to a recent announcement from Angola's presidency. Removed from power in a coup in August 2023, Bongo and his family had been held in Libreville amid allegations of embezzlement and corruption. Holding sway over Gabon for more than five decades, the Bongo family's reign concluded amidst a torrent of allegations and a…

Ali Bongo Ondimba, the former president of Gabon, has recently embarked on a new chapter in his life following his ousting in a military coup back in August 2023. Accompanied by his wife, Sylvia Bongo, and their son, Noureddin, the family has left their home country for Angola. A statement released by the Angolan presidency confirmed their safe arrival, marking a pivotal moment in the ongoing saga of Gabonese politics. This transition for the Bongo family isn't just one of geographical relocation; it’s a significant shift…

The Economic Forecast for Sub-Saharan Africa: A Landmark and a Journey The World Bank, a critical institution in shaping global economic policies, projects an encouraging uptick in economic activity for Sub-Saharan Africa. Expectations are set for growth to rise from 3.3% in 2024 to 3.5% in 2025, eventually accelerating to 4.3% by 2026–27. However, as with any journey, this optimistic outlook is littered with obstacles and uncertainties that could shape the path forward. Intriguingly, not all the region’s…

The World Bank predicts a modest but notable increase in economic activity across Sub-Saharan Africa, projecting growth to rise from 3.3% in 2024 to 3.5% in 2025, with expectations to further accelerate to 4.3% by 2026-27. This forecast brings a glimmer of hope, yet many underlying challenges remain. According to the latest Africa’s Pulse report, the growth potential of the region is heavily influenced by a few heavyweight economies. Angola, Nigeria, and South Africa, among the largest economies on the continent,…