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Angola cuts tax rates for development of marginal oilfields

By: Reuters     22nd May 2018 Angola has halved headline tax rates for marginal oil fields as part of a series of laws to drive investment and reverse declining output in Africa's second largest crude producer. The series of presidential decrees, published in the Official Gazette on Friday and made available by the oil... 

Ramaphosa arrives in Luanda ahead of the SADC Double Troika Summit

By: African News Agency      24th April 2018 South Africa President Cyril Ramaphosa arrived in Luanda, Angola, on Tuesday morning for the Extraordinary Summit of the Southern African Development Community (SADC) Double Troika which will consider the political and security environment in the SADC region, particularly the kingdom of Lesotho... 

Iata welcomes latest African ‘open skies’ initiative

By: Rebecca Campbell     9th February 2018 The International Air Transport Association (IATA) has welcomed the launch of the African Union’s (AU’s) Single African Air Transport Market (SAATM) initiative. This is intended to improve intra-African air transport links by “opening up” the skies above the continent. The initiation of the SAATM... 

SAA, TAAG sign code-share agreement

By: Schalk Burger     10th January 2018 State-owned airline South African Airways (SAA) and Angola State-owned airline TAAG Angola Airlines on Wednesday announced a code-share agreement for flights between Luanda and Cape Town or Johannesburg. “SAA will code-share with TAAG on direct services between Johannesburg and Luanda and between... 

SAA cuts back on domestic, regional flights

By: Natasha Odendaal     27th September 2017 Effective October 29, South African Airways (SAA) will reduce its daily Port Elizabeth and East London flights, along with some of its flights to Central Africa, as it continues to monitor route performance. The State-owned airliner on Wednesday said it had made some capacity adjustments to align... 

EBH Namibia ‘welds’ strong country-to-country and maritime relationships with landmark repair of Angolan Fisheries’ floating dry dock

4th September 2017 30 August 2017 was a very significant date for EBH Namibia (EBHN), in that it was the day that the Angolan Ministry of Fisheries (Pescangola) floating dry dock was docked in Walvis Bay for repairs. “For some time, we have recognised that strategically there are a number of pivotal synergies which... 

EBH Namibia ‘welds’ strong country-to-country and maritime relationships with landmark repair Angolan Fisheries’ floating dry dock

1st September 2017 30 August 2017 was a very significant date for EBH Namibia (EBHN), in that it was the day that the Angolan Ministry of Fisheries (Pescangola) floating dry dock was docked in Walvis Bay for repairs. “For some time, we have recognised that strategically there are a number of pivotal synergies which... 

Angola Cables starts construction on Brazil data centre 

By: Creamer Media Reporter      10th July 2017 Multinational telecommunications company Angola Cables has started the construction of its South American data centre, located in Fortaleza, Brazil, connecting to the subsea Internet cable linking Africa to the Americas. The data centre will run two key routes – the South Atlantic Cable System... 

Africa’s rail development key to growth in intra-Africa trade

By: Natasha Odendaal     14th June 2017 A lack of efficient rail infrastructure and a rail “disconnect” were inhibiting dealings within the continent and contributing to struggling intra-African trade growth, Common Market for Eastern and Southern Africa-Alliance for Commodity Trade in East and Southern Africa trade and market director... 

Sub-Saharan Africa middle class represents R1.3tr a month market

By: Megan van Wyngaardt     19th May 2017 A University of Cape Town (UCT) Unilever Institute of Strategic Marketing initiative, the African Lions research project, has established that the sub-Saharan African middle class, comprising around 100-million people, represents a R1.3-trillion a month market and is growing. Carried out... 

Water shortages sound a warning to city planners 

By: Kim Cloete     8th May 2017 The extremely worrying water shortage in Cape Town is an indication that climate change is an issue that can simply not be ignored by engineers and city planners, Cape Town mayor Patricia de Lille has told consulting engineers in Cape Town. She told the International Federation of Consulting... 

Flexenclosure’s eCentre for ACS in Angola announced as finalist for DCD EMEA Modular Data Centre Award

3rd November 2016 Flexenclosure’s eCentre data centre, built for Angola Comunicações e Sistemas, has been named as a finalist for the 2016 Datacenter Dynamics EMEA Modular Data Centre award.  Follows eCentre win in last month’s Latin American DCD awards.   The Datacenter Dynamics awards recognise leadership and... 

The African Petroleum Producers Association (APPA) will work towards exceeding local content targets in Africa Petroleum States

5th October 2016 With the recent oil and gas finds throughout Africa, local content development has been highlighted as an area that needs to be focused on to improve skills development across the supply chain and add benefit the local economies.  

Lucapa diamond sales reach $3m in Q2

By: David Oliveira     7th July 2016 ASX-listed diamond miner Lucapa Diamond Company, which owns and operates the Lulo diamond project in Angola, achieved two alluvial diamond parcel sales weighing a total of 2 670 ct, during the quarter ending June 2016, and achieved gross proceeds of $3-million at an average price of $1 132/ct,... 

Avedia Energy appoints key senior team

5th July 2016 Cape Town-based LPG gas company, Avedia Energy is heralding a new era with the appointment of an executive team which will see the energy start-up commission its first LPG facility on the West Coast.   “Nine years ago we identified the need for a permanent LPG solution in South Africa and... 

‘Oil impact’ on West African hospitality sector places emphasis on quality offerings

15th June 2016 “The impact of current oil prices on hospitality in African economies is undoubtedly dependent on various factors,” says Wayne Troughton, CEO of international hospitality and tourism specialists, HTI Consulting, who recently issued a market snapshot on the topic. “The level of economic diversity,... 

LOESCHE technology for cement plant in Angola

13th June 2016 Sinoma International ordered LOESCHE’s complete grinding series for the cement plant of Nova Cimangola S.A. in Luanda, Angola. These will be the first LOESCHE vertical roller mills in Angola. The order for Nova Cimangola S.A. includes one cement raw material mill of the type LM 48.4 with a... 

Life-changing Angolan project wins international award in London

5th May 2016 A co-designed city vision for the future has been awarded a Masterplan prize at British Expertise International Awards in London. The Masterplan Framework for the Province of Luanda, Angola received the top award for Outstanding Masterplanning Project of 2016. Designed by a consortium led by... 

Japanese firms loan millions to build Angola–Brazil undersea link

By: African News Agency      31st March 2016 The Development Bank of Angola (BDA) has signed US$109.7-million loan agreements with Japanese firms as part of a deal that looks set to make the oil-rich African nation one of the main telecommunication hubs on the continent. The agreement, which is backed by a sovereign guarantee from the... 

Mining seen as option to cut Angola’s oil dependence

By: Keith Campbell     19th February 2016 The West African country of Angola has been badly hit by the decline in oil prices. In 2012, according to the US Geological Survey (USGS), Angola was responsible for 2% of global oil output and oil accounted for 90% of the country’s exports, 80% of government revenues and 47% of its gross... 

Megacities soon to become ‘gigacities’

By: Natasha Odendaal     30th November 2015 As megacities continue to develop across all corners of the globe, urbanisation is progressing ever faster, with the emergence of “gigacities” – supercities of more than 50-million inhabitants. A new report has revealed that gigacities could become a reality as soon as 2020, with Shanghai home to... 

Sonangol Offshore Optical Cable, Angola

By: Sheila Barradas     30th October 2015 The project involves the development of an offshore optical cable that will significantly reduce the cost-per-bit associated with the delivery of data traffic to Angola. 

Alcatel secures Sonangol offshore optical cable contract

By: Natasha Odendaal     5th October 2015 Internet protocol networking, ultrabroadband access and cloud technology specialist Alcatel-Lucent is preparing to deploy a 1 900 km fibre-optic submarine network offshore Angola. The company’s undersea cables subsidiary Alcatel-Lucent Submarine Networks was awarded the contract to develop the... 

500 t crane rehab project completed

By: Mia Breytenbach     14th August 2015 Global lifting solutions provider Konecranes has rehabilitated two 500 t Chinese portal cranes for the Angolan National Oil Company’s (Sonangol’s) Integrated Logistic Services’ (Sonils’) oil service centre, says Konecranes Southern Africa technical and training manager for sub-Saharan Africa... 

Fast-track power contracts expanded in Africa

31st July 2015 Global electricity supplier APR Energy announced earlier this month that it has extended and expanded several power generation contracts in Africa, amounting to a combined total of 108 MW. 

Iata highlights aviation opportunities for Namibia

By: Keith Campbell     24th July 2015 Namibia would see significant economic benefits if the country, along with some other African states, implemented the Yamoussoukro Decision on liberalising intra-African air transport. So concludes a report by independent economics consultancy InterVISTAS, commissioned by the International Air... 

Konecranes Rehabilitates two 500 Ton Chinese Cranes in Angola

16th July 2015 Konecranes were recently approached to assist SONILS, the Oil Service Center in the port of Luanda, with the rehabilitation of two 500Ton Chinese Portal Cranes. Initially obtained from China in 2007, information and software were missing, but Konecranes pulled out all the stops to get the cranes... 

New fleet arrives to scale up Lucapa’s diamond operations in Angola

By: Creamer Media Reporter      30th June 2015 The first new earthmoving equipment has arrived at Lucapa Diamond Company’s Lulo concession, in Angola. The new fleet, sourced from Caterpillar dealer Barloworld Equipment in Luanda, would enable Lucapa and its partners to double alluvial diamond mining operations at Lulo to 20 000 bulk cubic... 

Degremont

1st June 2015 Degrémont and all companies of the Group now operate under the brand SUEZ environnement and continues to expand winning six new contracts in Africa. Degrémont has strengthened its presence in Africa, winning four new water treatment plant construction and refurbishment contracts worth a total of... 

Generator power a ‘necessary cost’ for African business

By: Mia Breytenbach     24th April 2015 As grid power is intermittently available – or even entirely unavailable – owing to delays in new build permanent power generation, transmission and distribution infrastructure, the additional price for generator power has become a necessary and acceptable cost of doing business, says temporary... 

Puma Energy opens new offshore fuelling facilities in Angola

By: Creamer Media Reporter      22nd April 2015 Integrated midstream and downstream energy company Puma Energy on Wednesday unveiled its new conventional buoy mooring systems (CBM) in Luanda Bay, Angola. The fuel-loading buoy anchored offshore near Puma’s Fishing Port Terminal, which was currently being extended to a total storage capacity of... 

Degremont, A Subsidiary Of Suez Environnement, Continues To Expand In Africa, Winning Four New Contracts

10th April 2015 Degrémont has strengthened its presence in Africa, winning four new water treatment plant construction and refurbishment contracts worth a total of €40 million. Degrémont CEO, Rémi Lantier, commented: “We are delighted to be able to support the development of numerous African countries thanks... 

S African investors set sights on African property market

By: News24Wire      9th April 2015 The number of South African investors aiming to tap into the potentially lucrative African property market is on the rise, according to the Knight Frank Africa Report 2015. Driving this trend is a demographic statistic set to be one of the most important world shapers over the course of the century. 

SafmarineMPV extends US–Africa shipping line to Congo, Angola

By: Natasha Odendaal     9th March 2015 Multipurpose shipping line SafmarineMPV on Monday announced that it would expand its US to West Africa cargo, break-bulk and container services to include Congo and Angola to strengthen its footprint. The group, which had shifted key staff and responsibilities from Antwerp, in Belgium, to... 

Chryso Group Appoints Angolan Distributors

4th March 2015 The Chryso Southern Africa Group has entered into an agreement with the Luanda-based company, Lunapa, for the distribution of the Chryso range of admixtures and ancillary concrete performance enhancing products in Angola. The Chryso Southern Africa Group includes a.b.e. Construction Chemicals,... 

Chryso S.A. Exports Growing Faster Than Local Sales

29th January 2015 The Chryso Southern Africa Group’s decision to increase its emphasis on exports is paying dividends with the growth in the Group’s export sales last year for the first time showing substantially bigger sales growth than local sales, says Norman Seymore, vice-president of the Chryso Group... 

Demand for temporary power by Africa minerals sector on the rise

5th December 2014 Temporary power and temperature control solutions provider Aggreko says that it is experiencing growth in demand for its rental temporary power products within the African minerals sector as mining companies increasingly opt for rental solutions to back-up or supplement supplies from the local... 

South Atlantic Cable System, Angola and Brazil

By: Sheila Barradas     5th December 2014 The project involves the construction of the world’s first submarine cable system across the South Atlantic. 

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