Angola business investment news

Here are some recent business investment news and updates from Angola:

Oil and Gas

• Angola's state-owned oil company, Sonangol, has signed a deal with French energy company Total to develop the Kaombo South oil field in the Angolan block 32. (Source: Reuters, January 2022)
• The Angolan government has approved a new oil and gas law aimed at increasing investment in the sector and improving the country's energy security. (Source: Angola Press, December 2021)

Infrastructure

• The Angolan government has launched a major infrastructure development project, known as the "Angola 2025" plan, which aims to improve the country's transportation network, energy supply, and water and sanitation systems. (Source: Angola Press, November 2021)
• The African Development Bank has approved a $150 million loan to support the development of Angola's transportation infrastructure, including the construction of new roads and the upgrading of existing ones. (Source: African Development Bank, October 2021)

Mining

• The Angolan government has granted a mining license to the Chinese company, China Nonferrous Metal Mining Group, to develop a copper and cobalt mine in the country's Huambo province. (Source: Mining Weekly, December 2021)
• The Angolan mining company, Endiama, has signed a deal with the Russian company, Rosgeo, to develop a diamond mine in the country's Lunda Norte province. (Source: Angola Press, November 2021)

Agriculture

• The Angolan government has launched a program to promote agricultural investment and development in the country, with a focus on increasing food production and reducing imports. (Source: Angola Press, October 2021)
• The African Development Bank has approved a $20 million loan to support the development of Angola's agricultural sector, including the construction of irrigation systems and the provision of agricultural equipment. (Source: African Development Bank, September 2021)

Tourism

• The Angolan government has launched a tourism development plan aimed at increasing the number of tourists visiting the country and promoting the country's cultural and natural heritage. (Source: Angola Press, November 2021)
• The African Development Bank has approved a $10 million loan to support the development of Angola's tourism sector, including the construction of new hotels and the improvement of tourist infrastructure. (Source: African Development Bank, October 2021)

Other

• The Angolan government has launched a program to promote entrepreneurship and small business development in the country, with a focus on creating jobs and reducing poverty. (Source: Angola Press, October 2021)
• The International Finance Corporation (IFC) has invested $10 million in the Angolan company, Banco Sol, to support the development of the country's financial sector. (Source: IFC, September 2021)

These are just a few examples of recent business investment news and updates from Angola. The country has a lot of potential for investment and growth, particularly in the oil and gas, infrastructure, mining, agriculture, and tourism sectors.