Business investment news angola

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

Oil and Gas Sector

• 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 Development

• 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: Xinhua, 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)

Agriculture and Food Security

• The Angolan government has launched a program to promote agricultural development and food security, which includes the distribution of seeds, fertilizers, and other agricultural inputs to small-scale farmers. (Source: Angola Press, September 2021)
• The African Development Bank has approved a $20 million grant to support the development of Angola's agricultural sector, including the improvement of irrigation systems and the promotion of small-scale farming. (Source: African Development Bank, August 2021)

Tourism and Hospitality

• Angola has launched a new tourism development plan, which aims to increase the number of tourists visiting the country and promote the growth of the tourism industry. (Source: Angola Press, July 2021)
• The Angolan government has approved a new law regulating the hotel industry, which aims to improve the quality of services and attract more foreign investment. (Source: Angola Press, June 2021)

Other Investments

• The Angolan government has launched a program to promote foreign investment in the country, which includes the creation of a new investment agency and the establishment of a one-stop shop for investors. (Source: Angola Press, May 2021)
• The International Finance Corporation (IFC), a member of the World Bank Group, has invested $10 million in a local Angolan bank, Banco Sol, to support the growth of the country's financial sector. (Source: IFC, April 2021)

These are just a few examples of recent business investment news and updates from Angola. The country has a lot of potential for growth and development, and there are many opportunities for investors to get involved in various sectors.