The Minister of Energy and Water, João Baptista Borges received, this Thursday, in audience, the executive director of the World Bank group for Angola (WB), Nigeria and South Africa, Ayanda Dlodlo. JA Online learned from a note that, at the meeting, several subjects were addressed, with emphasis on the programs in execution, namely the Project for Improvement and Access to the Electricity Sector (ESIAP), the Project for Institutional Development of the Water Sector ( PDISA)
The new Pumangol post, on Avenida Pedro de Castro Van-Dúnem “Loy”, in the municipality of Talatona, in Luanda, represents an investment of US$3.7 million, which resulted in 45 direct jobs. The information was advanced, on Tuesday night, during the opening act, by the chairman of the Board of Directors of Pumangol. Ivanilson Machado said that the last Pumangol post had opened in 2020. Since then, according to its PCA, there has been a slight stagnation,
This Tuesday 7th Mar, the European Investment Bank (EIB) reaffirmed its commitment to finance projects in Angola in the Energy and Water, Health and Agro-industry sectors. The matter was analyzed today 8th Mar, in Doha, Qatar, at a meeting between the Minister of Economy and Planning, Mário João, and the vice-president of the EIB, Thomas Ostros, on the sidelines of the 5th United Nations Conference on Least Forwards, LDC5 (acronym in English), which takes place
THE ADOPTION OF A MORE RIGOROUS APPROACH IN THE CALCULATION AND FOLLOW-UP OF THE DEBT OWED TO OIL TANKERS HAS MADE IT POSSIBLE TO REDUCE THE COST BY +/- 70 MILLION USD FOR THE BENEFIT OF THE PUBLIC TREASURY OF THE DEMOCRATIC REPUBLIC OF CONGO IN ONE YEAR. These details were provided by the Acting Minister of the National Economy, Nicolas Kazadi, during the weekly meeting of the Council of Ministers held on Friday March
Light oil has been discovered 270 kilometres (km) off the coast of Namibia, according to the National Petroleum Company of Namibia (NAMCOR) and its partners in the Jonker-1X deep-water exploration project, Shell and Qatar Energy. The well was drilled in Orange Basin Block 2913A in 2914B (PEL 0039). The drilling process started in December 2022 and was successfully finished in early March 2023. Namibia, an OPEC member Angola’s southern neighbor, might become another oil producer
The Minister of Finance, Vera Daves de Sousa, said this Tuesday morning on the “Café da Manhã” program on LAC radio, that the fuel subsidy costs the Government between US$3 and US$4 billion. According to the minister, these numbers should be analyzed with the importance they deserve, as the social sector would need these values a lot. Vera Daves de Sousa recalled, for example, that the Integrated Plan for Intervention in Municipalities (PIIM) is funded
The national company that distributes oil derivatives, Pumangol, will inaugurate today, starting at 6 pm, the 80th Supply Station of the distribution network, located at Avenida Pedro de Castro Van-Dúnem Loy, Talatona, in Luanda According to a press release sent to Jornal de Angola, the project is one of the company’s main assets and is part of the programs contained in the National Development Plan Based on the National Development Plan (PDN) 2018/2022 and the
West and southern Africa Ministers responsible for climate change have visited the German Bundestag in Berlin as part of a inter-ministerial meeting to round-off a decade of climate partnership between Africa and Germany through the West African Science Service Centre on Climate Change and Adapted Land Use (WASCAL) and the Southern Africa Science Service Centre on Climate Change and adapted land management (SASSCAL) Among the key issues discussed were the success stories of the two
Russian oil flows are increasingly moving in an eastern direction, while fuels produced in the East will move in a western direction, Vitol’s chief executive Russell Hardy said at an industry event. “It’s going to go further and longer distances and find different markets, and in doing that it’s going to have to trade at a discount,” Hardy said of Russian oil, as quoted by Reuters. “You’re beginning to see that with fuel coming east that would
Gem Diamonds has recovered an exceptional 122-carat D colour Type II white diamond at its 70%-owned Letšeng mine in Lesotho. This is the first diamond greater than 100 carats that the company has recovered this year. It only recovered four diamonds greater than 100 carats in 2022 from six in 2021, which was lower than the 14-year average of eight. This impacted the overall revenue generated last year. Gem sold 107 498 carats in 2022
