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Local News Technology & Innovation

Angola’s First Electric Vehicle Charging Station Opens at Kilamba Kiaxi

Sonangol Launches Angola’s First Electric Vehicle Charging Station at Kilamba Kiaxi to Drive Sustainable Mobility Angola’s journey toward sustainable mobility has taken a major step forward with the inauguration of the country’s first electric vehicle (EV) charging station. Opened by Sonangol at its Kilamba Kiaxi gas station in Luanda, the project is part of the company’s broader strategy to reduce carbon emissions, encourage technological innovation, and support the nation’s energy transition. According to Sonangol, the

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Local News Oil

Angola’s Oil Production Falls Below Target for Sixth Consecutive Month in August 2025

Angola Oil Production Drops to 1.03 Million Barrels per Day in August 2025 — Below Targets for Six Months Angola’s oil production continued to fall short of expectations in August 2025, averaging 1.03 million barrels per day and marking the sixth consecutive month of underperformance. According to the monthly report from the National Agency of Petroleum, Gas, and Biofuels (ANPG), Angola produced 32.07 million barrels in August, equivalent to an average of 1,034,655 barrels per

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Corporate News Diamonds Local

Sodiam Announces Online Auction of 36 Specialty Diamonds in October 2025

Angola’s Sodiam to Hold Online Auction of 36 Specialty Diamonds in October 2025 The Angolan state-owned diamond trading company, Sodiam, has announced an electronic auction of 36 specialty diamonds, each weighing 10.80 carats or more. The auction will be held in collaboration with TRANS ATLANTIC GEM SALES, targeting customers registered in Sodiam’s database who have expertise in trading specialty stones. According to Sodiam’s official press release, viewing sessions for the diamonds will take place from

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Diamonds Corporate News Local

Angola’s Endiama Achieves $1.1 Billion Revenue in First Half of 2025 from Diamond Sales

Angola’s Endiama Reports $1.1B Revenue from 10.6M Carats of Diamonds in H1 2025 Angola’s state-owned diamond company, Endiama, recorded revenue exceeding $1.1 billion in the first half of 2025, driven by the sale of 10.6 million carats of diamonds. The performance surpassed forecasts by 1.2%, according to company officials. The announcement was made during Endiama’s semiannual diamond production review meeting held in Dundo, Lunda Norte Province. Elton Escrivão, Director of Marketing for Endiama, emphasized the

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Diamonds Corporate News Local

Angola Bids for Minority Stake in De Beers as Botswana Pushes for Control

Angola’s ENDIAMA Seeks Minority Stake in De Beers to Promote Pan-African Ownership, Countering Botswana’s Push for Control Angola’s state-owned diamond company, ENDIAMA E.P., has submitted a fully funded offer to acquire a strategic minority stake in De Beers, signaling a major shift in African diamond industry dynamics. The Angolan government clarified that the bid is not aimed at majority control. Instead, it seeks to foster a pan-African ownership model that would support De Beers’ long-term

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Local News Oil

Angola Faces Declining Oil Outlook Through 2032 Without New Discoveries

Angola Oil Outlook Negative Until 2032 as Production Falls and New Reserves Needed Angola’s oil sector faces a “very negative” outlook until at least 2032, with stabilization in production only possible through the discovery of new reserves, according to the Economic Report for the First Quarter of 2025 by the Economic Research Center of Lusiada University of Angola (CINVESTEC). The study warns that oil production will continue to decline over the next seven years unless

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Local News Renewable Energy

Angola Inaugurates Bailundo Solar Plant and Expands Rural Electrification in Huambo

Angola Boosts Clean Energy with Bailundo Solar Plant Inauguration and New Electrification Projects in Huambo Angola’s Minister of Energy and Water, João Baptista Borges, arrived in Huambo Province on Wednesday to inaugurate the Bailundo photovoltaic plant, oversee the electrification of Chicala Choloanga, and witness the signing of consignment documents for new rural electrification projects across several municipalities. According to a statement from the provincial government, Minister Borges was welcomed at Albano Machado Airport by Governor

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Local Economy News Oil

Angola Projects $72 Billion in Oil Investments Between 2025 and 2029

Angola Secures $72 Billion in Oil Concession Investments to Boost Production and Drive Energy Transition by 2029 Angola expects to attract $72 billion in investments for oil concessions already awarded between 2025 and 2029, according to Minister of Mineral Resources, Oil and Gas Diamantino Azevedo. Speaking at the opening of the Angola Oil & Gas 2025 Conference in Luanda, Azevedo noted that Angola received $84 billion in investments between 2017 and 2024 across active concessions

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Local Gas News

Soyo Gas Treatment Center to Receive First Angola LNG Shipment in November

Angola’s New Soyo Gas Treatment Center Set to Begin Operations with First LNG Shipment by November 2025 The Gas Treatment Center under construction in Soyo, Zaire province, is scheduled to receive its first shipment of natural gas from Angola LNG in November, according to the National Agency for Petroleum, Gas and Biofuels (ANPG). ANPG stated that construction has been advancing “at full steam” since it began in October 2023. A recent inspection led by block

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Local News Oil

Angola’s Oil Production Falls Below Targets in August Despite LNG Gains

Angola Oil Output Drops Below 1.04 Million Barrels Per Day in August While LNG Surges Angola’s oil production fell short of government targets again in August, averaging 1.03 million barrels per day, marking the sixth consecutive month of underperformance. According to the National Agency of Petroleum, Gas, and Biofuels (ANPG), total production reached 32.07 million barrels in August, equivalent to a daily average of 1,034,655 barrels, compared to the forecast of 1,086,727 barrels per day.

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