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Economy Energy Gas Oil

Sonangol raises 20,197 million kwanzas with the sale of shares in Caixa Angola

23, September, 2022

Sonangol raised 20,197 million kwanzas with the sale of the shares it held in Banco Caixa Geral de Angola (BCGA), with demand exceeding supply by 142.02%, announced this Thursday, the Debt and Securities Exchange Angola (BODIVA). According to a BODIVA press release, the price of the shares was fixed at five thousand kwanzas for the general public, corporate bodies and workers, who could access 10% of the capital, and 3,399 kwanzas for Angolan shareholders to

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Energy

TAAG resumes flights to Soyo on Friday

23, September, 2022

TAAG resumes this Friday, 23, domestic flights to the city of Soyo, province of Zaire, with three weekly frequencies, using the DASH 8 Q400 model aircraft. “TAAG offers three weekly frequencies, departing from Luanda to the airport “Comandante Ndozi” in Soyo, respectively on Monday, Wednesday and Friday”, says a statement from the company to which Jornal de Angola Online got access today. According to TAAG, this air connection between the cities of Luanda-Soyo had been

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Economy Energy Oil Petroleum

New oil projects raise market operators’ expectations

23, September, 2022

The Angolan oil sector should soon see the entry of new projects, which will add added value to the market as a result of new investments. The consultancy Oxford Economics Africa predicted, at the start of this week, that oil production in Angola will rise 4.4 percent this year, to 1.18 million barrels a day, after having grown 3.8 percent from January to August. . “Oil production in Angola continues to improve this year, in

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Economy Energy Renewable Energy

Angola among four countries of strong investor interest

22, September, 2022

Angola is one of the few African countries that implements a mixed strategy of exploration of fossil fuels, without taking away the focus on renewable energies, making it a preferred destination for investors. “The energy transition in Africa needs to be orderly; as many countries have and will exploit fossil fuels, while developing a focus on renewable energies. Countries with high LNG potential, such as Angola, Mozambique, Tanzania and Nigeria, will see a sustained interest

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Economy

Banco Caixa Angola announces results of the Initial Public Offering for the sale of 25%

22, September, 2022

Banco Caixa Geral Angola announces, today, in Luanda, the result of the Initial Public Offering (IPO), launched on 5 September for the sale on the stock exchange of 25 percent of the shares held by Sonangol. According to the prospectus, the final price of the Initial Public Offer for Sale to the Public was set at a maximum limit of 5,000 kwanzas. “The final price of shares destined for Público in the Initial Public Offer

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Economy Energy Gas Oil Petroleum

Invest in Equatorial Guinea at AEW 2022 to Showcase Equatorial Guinea (EG) as West African Gas Hub

22, September, 2022

During the continent’s premier event for the oil and gas sector, an Invest in Equatorial Guinea side event will showcase the numerous opportunities present across the country’s energy landscape Taking place under the theme Exploring and Investing in Africa’s Energy Future while Driving an Enabling Environment, the 2022 edition of African Energy Week (AEW) (https://AECWeek.com/) – taking place from October 18-21 in Cape Town – will not only drive Africa’s narrative on global energy matters

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Diamonds Economy Mining

Geologist urges heritage agency to reconsider decision to backfill historic Jagersfontein openpit

21, September, 2022

The decision made by the South African Heritage Resources Agency (SAHRA) on September 15 to permit the backfilling of the historic Jagersfontein diamond mining pit with waste from a second compartment of the tailings dam – to prevent a secondary breach after one compartment of the dam failed on September 11 – has been met with concern and opposition by Youssef Diamonds Liberia chief geologist and Florida International University earth and environmental sciences research professor Stephen Haggarty. In an open letter addressed to the SAHRA on

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Diamonds Economy Energy Mining

BlueRock board member steps down

21, September, 2022

Diamond miner BlueRock Diamonds, which is listed on the Aim and operates the Kareevlei diamond mine, in South Africa, says David Facey has stepped down from his board position with immediate effect. “I would like to thank David for his valuable contribution and unstinting support to BlueRock over the years and wish him well with his future endeavours,” chairperson Rob Croll comments.

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Economy Energy Mining Oil Petroleum

The DRC strengthens its argument justifying the exploration of the 27 oil and 3 gas blocks by invoking international legal instruments

21, September, 2022

The Deputy Prime Minister, Minister of the Environment and Sustainable Development, Eve Bazaïba, presented to the Council on Friday, September 16, the file relating to the environmental aspect of the Call for tenders for the exploration of 27 oil blocks and 3 gas blocks launched by the Government on July 28, 2022. On this occasion, she recalled “that no provision of the international legal instruments ratified by the Democratic Republic of Congo prohibits its Government

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Economy Energy Renewable Energy

Green tech start-ups through to investment-pitch finals

21, September, 2022

The finalists were chosen from a field of entrepreneurs and start-ups and will have the chance to present to potential investors at a pitching event in October during the GEAS The Green Energy Africa Summit (GEAS) has announced the finalists of the Energy Investment Village, a selection of the most compelling local clean-tech projects, who will have the chance to pitch to energy leaders holding potential investments worth more than $100 billion. The Energy Investment

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