Africa Energy: Hydropower plants generate most of Angola energy

Africa Energy: Hydropower plants generate most of Angola energy

Angola’s electricity sector has been saving a total of 669,000 litres of gasoline per day since 2017, with the start-up of new hydroelectric plants, Angolan President João Lourenço said in his State of the Nation speech in Luanda on Monday.

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Africa Oil & Gas: Reorganisation of the oil sector in Angola aims increase of Sonangol’s efficiency

Africa Oil & Gas: Reorganisation of the oil sector in Angola aims increase of Sonangol’s efficiency

The new model of organisation of the oil sector in Angola aims to make state oil and gas company Sonangol more efficient and eliminate conflicts of interest, the Minister of Mineral Resources and Oil said on Tuesday in Luanda.

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Renewables: AfDB approves US$1 million grant for renewable energy in Angola

Renewables: AfDB approves US$1 million grant for renewable energy in Angola

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank (AfDB) has approved a US$1 million grant to Independent Power Producers (IPP) in Angola to encourage private investment in renewable energy. These funds will be used to establish a one-stop shop unit known as the Energy Project Implementation Support Unit (EPISU) that will work as an enabling environment for IPP/Public-Private Partnership (PPP) projects to improve bankability of projects. Additionally, it will also…

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Africa Oil & Gas: Joao Lourenco approves Sonangol restructuring programme

Africa Oil & Gas: Joao Lourenco approves Sonangol restructuring programme

The President of Angola has approved the restructuring program of Angolan national oil and fuel company, Sonangol, which is part of the project to reorganise the oil sector, said the Civil House of the President of the Republic.

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Africa Mining: Anglo American to explore base metals in Angola

Africa Mining: Anglo American to explore base metals in Angola

The Anglo American group intends to invest in Angola’s mining sector and has submitted an application for concession of three areas to prospect for base metals, and a letter of intent was presented last week by the group’s director for Southern Africa, Andy Lloyd, to the Minister of Mineral Resources and Oil, Diamantino Azevedo.

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