Witbooi opens eighth Rundu Annual Trade Fair

Staff Reporter VICE President Lucia Witbooi officially opened the Eighth Edition of the Rundu Annual Trade Fair in the Kavango East region, under the theme “Empowering Enterprises for Sustainable Growth.” In her address, Witbooi commended the...

Angola hosts conference on power interconnection, green investment

Luanda, Oct. 29 (Xinhua) -- A conference themed "Power Interconnection and Green Investment: Promoting a Shared Green Future in Africa" was held in Luanda, Angola's capital, on Tuesday. The event was co-organized by the African Union Development...

Angolan president announces to invest in new satellite

LUANDA, Oct. 29 (Xinhua) -- Angola will increase investment in the telecommunications sector, which includes plans to launch a new Earth observation satellite and expand the national fiber optic network, as part of the country's broader...

Oando Announces 164% Rise in Financials, Posts N210 Billion Profit in 9 Months

•Records 59% surge in crude oil output •Champions strategic foresight at 2025 annual directors conference Emmanuel Addeh in Abuja Oando Plc, one of Nigeria’s leading indigenous energy groups, has announced a profit of N210 billion in its unaudited...

Oando Records 164 percent Increase in Financials: Posts N210bn Profit in Nine Months

Oando PLC, Nigeria’s leading indigenous energy group listed on both the Nigerian Exchange and Johannesburg Stock Exchange, has announced its unaudited results for the nine months ended September 30, 2025, reflecting production growth, and...

Armenia`s diamond trade decreased  by almost 50% in the first half of  2025

ArmInfo.In the first half of 2025, Armenia nearly halved its diamond exports and imports (compared to a 2.5-fold increase the previous year) to 231,100 and 239,800 carats, respectively. The customs value in both cases decreased by 85%, to $59.8...

Angola: Nation can produce electricity for domestic, external market – president

The Angolan president said on Tuesday that the country has the capacity to generate enough electricity to meet domestic needs and expressed willingness to share the surplus with neighbouring countries, provided that interested investors come...

Comments to USTR on the National Trade Estimate Report on Foreign Trade Barriers

October 29, 2025 Docket Number USTR-2025-0016 Download the PDF and see submission to USTR. Public Citizen welcomes the opportunity to provide written comments to the Office of the United States Trade Representative (USTR) on the 2026 National...

EXIM considers $160m loan for Angola rare earths

Region: Middle East & Africa The Export-Import Bank of the United States (EXIM) is in advanced engagement to potentially fund up to $160 million in debt for Pensana's Longonjo Rare Earth Mine in Angola. The participation, outlined in a Letter of...

Angola makes bold move to acquire De Beers stake amid strategic shift

Angola has launched a significant bid to purchase the 85 % stake in diamond producer De Beers currently held by Anglo American plc. The Angolan state-owned gem company Endiama has submitted a proposal and is advancing talks, according to its CEO...

Infrastructure: From foreign loans to domestic capital [Business Africa]

Africa needs between $100 to $150 billion per year to close its infrastructure gap. Economic growth on the continent over the years has fueled demand for even more infrastructure. Most of Africa’s critical infrastructure sectors – electricity,...

Soy United shift focus on MOFA after sinking Luanda Villa

Soy United’s vice-captain, Wattsak Mutsami, has expressed joy after his team registered their first win of the National Super League season by defeating Luanda Villa 1–0 on Wednesday. ‎ ‎Speaking to Citizen Digital, Mutsami revealed Soy United...

India IOC Dumps Russia, Imports Two Million Barrels From Nigeria, Angola

State-run refiner Indian Oil has paused new orders for Russian oil after the U.S. imposed sanctions last week on Moscow’s top two producers. The International Oil Company has purchased two million barrels of West African crude from ExxonMobil via...

South Sudan eyes infrastructure investment to boost road connectivity, trade

By Alan Clement South Sudan has joined African leaders in Luanda, Angola, for a high-level continental forum convened under the theme “Investing in Infrastructure for the African Continental Free Trade Area and Shared Prosperity.” According to a...

Angola and Botswana battle for control of De Beers

Angola has made a bold move to acquire Anglo American’s entire 85% stake in diamond giant De Beers, positioning itself against rival bidders, including Botswana. State-owned Endiama EP confirmed it has submitted a “concrete and...

DRC President Félix Tshisekedi Accuses Rwanda of Plot to Annex Mineral-Rich East as Peace Talks Teeter on Brink

KIGALI, Rwanda – November 3, 2025 – In a blistering address to Congolese expatriates in Cairo, Democratic Republic of Congo (DRC) President Félix Tshisekedi leveled grave accusations against Rwandan President Paul Kagame, claiming Kagame harbors...

Angola seeks to purchase Anglo American’s 85% stake in De Beers 

Angola has proposed to purchase Anglo American’s 85% stake in diamond company De Beers, vying with other potential buyers such as Botswana. Endiama, a state-owned Angolan gem producer, has submitted a proposal to Anglo American, and is currently...

India Most Critical Market, Largest Export Base for Suzuki: Toshihiro Suzuki

India has solidified its role as the global manufacturing hub for passenger vehicles for Japanese auto giant Suzuki Motor Corporation, transforming into the automaker's top export base and its most critical market globally. “India is Suzuki's most...

Who controls African trade finance?

African trade dynamics are undergoing a significant shift, with small, micro, and medium enterprises (SMMEs) at the heart of its potential growth. In a recent discussion with CNBC Africa, Cheryl Buss, CEO of Absa International, highlighted the...

Angola, Mozambique and Egypt advocate greater cooperation to promote tourism in Africa

Tourism leaders from Angola, Mozambique and Egypt have argued that there is a need to strengthen cooperation and strategic investment in tourism in Africa, in a panel discussion at the Global Tourism Forum. The session, entitled "Africa Ascending:...