Source: The World Bank Group |

Sub-Saharan Africa Exits Recession in 2021 but Recovery Still Vulnerable

This rebound is currently fueled by elevated commodity prices, a relaxation of stringent pandemic measures, and recovery in global trade, but remains vulnerable given the low rates of vaccination

Sub-Saharan Africa is set to emerge from the 2020 recession sparked by the COVID-19 pandemic with growth expected to expand by 3.3 percent in 2021. This is one percent higher than the April 2021 forecast according to the latest edition of Africa’s Pulse. This rebound is currently fueled by elevated…

United States Embassy in Angola
  • Multimedia content

  • Images (1)
    • The Embassy of the United States in Luanda, Angola, is pleased to announce the arrival of 464,090 doses of the Pfizer COVID-19 vaccine that the U.S is sharing with Angola through COVAX
  • All (1)
Source: United States Embassy in Angola |

Coronavirus – Angola: USG Shares Additional 464,090 Doses of Pfizer Covid-19 Vaccine with Angola

This third batch brings the total number of doses of the Pfizer COVID-19 vaccine provided to Angola by the United States to 1,646,960

The Embassy of the United States in Luanda, Angola, is pleased to announce the arrival of 464,090 doses of the Pfizer COVID-19 vaccine that the U.S is sharing with Angola through COVAX. We are sharing these doses not to secure favors or extract concessions. Our vaccines do not come with…

Source: World Food Programme (WFP) |

Drought in south-western Angola drives severe hunger

High food prices and a locust infestation that has caused severe damage to crops are compounding the effects of the drought

More than 1.3 million people in the three south-western provinces of Cunene, Huila and Namibe are facing severe hunger as the worst drought in 40 years leaves fields barren, pasture lands dry and food reserves depleted, according to a recent Integrated Phase Classification (IPC) analysis that categorises food insecurity. “Migration…

Energy Capital & Power
  • Multimedia content

  • Images (1)
    • Angola’s National Oil, Gas and Biofuel's Agency (ANPG) Highly Satisfied with Final Results from 2020 Bid Round
  • All (1)
Source: Energy Capital & Power |

Angola’s National Oil, Gas and Biofuel's Agency (ANPG) Highly Satisfied with Final Results from 2020 Bid Round

The announcement was made at AOG 2021, organized by Energy Capital & Power

Natacha Massano, Executive Administrator of Angola's National Oil, Gas and Biofuel's Agency (ANPG) announced the concessionaire´s satisfaction with the bid round results at AOG 2021 that took place in Luanda on September 9-10; ANPG will award the concessions on September 23, 2021, to bid round winners; The announcement was made…

African Energy Chamber
  • Multimedia content

  • Images (1)
    • Successful Conferences in Angola, Nigeria, South Sudan, and South Africa Demonstrate that Africa is not Closed for Business
  • All (1)
Source: African Energy Chamber |

Successful Conferences in Angola, Nigeria, South Sudan, and South Africa Demonstrate that Africa is not Closed for Business

With the first day of the SAOGA-hosted Southern Africa Oil & Gas Exploration conference underway, the African Energy Chamber is reiterating that any discussion on Africa’s energy future must take place in Africa

The Southern African Oil & Gas Alliance (SAOGA), and the Petroleum Agency of South Africa (PASA) are hosting the Southern Africa Oil & Gas Exploration conference on the 15th & 16th of September in Cape Town, South Africa. SAOGA and PASA’s success in doing this challenges the ongoing anti-African dialogue…

Energy Capital & Power
  • Multimedia content

  • Images (1)
    • Angola’s ANPG Launches Permanent Offer Program to increase Oil and Gas Exploration in Angola
  • All (1)
Source: Energy Capital & Power |

Angola’s ANPG Launches Permanent Offer Program to increase Oil and Gas Exploration in Angola

Will allow ANPG to negotiate the exploration of available petroleum-based resources throughout the year without the need for a tender announcement

Angola's National Oil, Gas and Biofuel's Agency (ANPG) Administrator César Paxe officially announced the Agency´s efforts to increase oil and gas exploration at AOG 2021; A new permanent offer program will allow ANPG to negotiate the exploration of available petroleum-based resources throughout the year without the need for a tender announcement;…

Energy Capital & Power
  • Multimedia content

  • Images (1)
    • H.E. Diamantino Azevedo, Angola’s Minister of Mineral Resources, Petroleum and Gas
  • All (1)
Source: Energy Capital & Power |

Angola Oil & Gas (AOG) 2021: Sonangol IPO Program Announced at AOG 2021

The future of Angola's energy industry took center stage during the opening day of AOG 2021, the second edition of Angola's most significant energy event

Minister H.E Diamantino Azevedo announced last week that the Sonangol IPO program is currently in effect; This IPO program is part of Sonangol's regeneration initiative that focuses on its core business to divest non-oil-related business from its portfolio; Organized by Energy Capital & Power, AOG 2021 is the first in-person…

Energy Capital & Power
  • Multimedia content

  • Images (1)
    • Equinor Reaffirms its Commitment to Angolan Exploration
  • All (1)
Source: Energy Capital & Power |

Equinor Reaffirms its Commitment to Angolan Exploration

The Norwegian-based energy company celebrates 30 years in Angola by reaffirming their commitment to the country and its promising industry

Senior Vice Presidents of Equinor Exploration and Production International, Paul McCafferty and Gustavo Baquero, and Nina Koch, Equinor’s Country Manager, attended the high-profile Angola Oil & Gas (AOG) 2021, organized by Energy Capital & Power (www.EnergyCapitalPower.com) in Luanda on the 9th-10th of September. Reinforcing its commitment to Angola, as well…

Energy Capital & Power
  • Multimedia content

  • Images (1)
    • AOG 2021’s Women in Energy Panel Places Women at the Forefront of Africa’s Development
  • All (1)
Source: Energy Capital & Power |

AOG 2021’s Women in Energy Panel Places Women at the Forefront of Africa’s Development

With inclusivity and equality a key focus, the women in oil and gas seminar highlighted the current and future role of women in Africa’s energy development

With the energy sector comprising one of the most unequal sectors globally, and female participation remaining considerably low, Angola Oil & Gas (AOG) 2021 highlighted solutions to enhancing inclusivity and ensuring women are actively involved in Africa’s energy transformation during a Women in Energy panel discussion. In addition to identifying…

Energy Capital & Power
  • Multimedia content

  • Images (1)
    • Sebastião Gaspar Martins, Chairman of the Board of Directors, Sonangol
  • All (1)
Source: Energy Capital & Power |

Sonangol Details Restructuring Process at AOG 2021, Emphasizes Investment Opportunities

Sonangol’s restructuring process prioritizes financial stability, with the company looking at bringing the national oil company to the stock exchange

The second day of the Angola Oil & Gas 2021 conference, organized by Energy Capital and Power (www,EnergyCapitalPower.com), focused on energy transition, exploration, and the role that the national oil company, Sonangol, will play in driving Angola’s energy growth and success. During a panel discussion on Sonangol's restructuring and private…