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Angola

Angola is a country in south-western Africa, bordered by Namibia to the south, the Democratic Republic of Congo to the north and east, Zambia to the east, and the Atlantic Ocean to the west. The capital and largest city is Luanda, which serves as the country's economic and political centre. Angola has a population of about 35-million people and is the seventh-largest country in Africa by land area. The economy is heavily dependent on oil and gas, which account for the majority of export revenues and government income, though the country also possesses significant diamond reserves and agricultural potential. The currency is the kwanza. Angola is a presidential republic and a member of the African Union, the Southern African Development Community (SADC), and the Organisation of Petroleum Exporting Countries (OPEC). The country gained independence from Portugal in 1975, followed by a prolonged civil war that lasted until 2002. Since the end of the conflict, Angola has focused on reconstruction, infrastructure development, and economic diversification, though it remains vulnerable to fluctuations in global oil prices. The government has prioritised investment in water infrastructure, energy, and transport to support long-term growth and improve living standards.

Angola Updates


An image of the Longonjo site
Pensana continues to progress Longonjo mine construction
8th June 2026 By: Tasneem Bulbulia

London-listed Pensana has achieved progress on construction of the Longonjo mine, in Angola. The $250-million development is on target and on budget for first mixed rare earth carbonite (MREC)... 


Technology services leader, Smart Hands Africa adds Supermicro to growing portfolio of customer services
Technology services leader, Smart Hands Africa adds Supermicro to growing portfolio of customer services
5th June 2026

Smart Hands Africa today announced its appointment as an authorised Services Partner for Supermicro, a global leader in high-performance server, storage, AI and data centre infrastructure... 


Nampak CEO Riaan Heyl
Nampak’s beverage operations offset slowdown in diversified business
29th May 2026 By: Lumkile Nkomfe

JSE-listed packaging producer Nampak has reported a mixed performance for the six months ended March 31, with resilient growth in its beverage business offset by a sharp downturn in its diversified... 


How a digital foundation can overcome the LNG trilemma
How a digital foundation can overcome the LNG trilemma
28th May 2026

By: Christophe Begat - Vice President for, Industry and Segment for Sub-Saharan Africa at Schneider Electric The global LNG (Liquefied Natural Gas) sector is entering an historic chapter with... 


A hand holding gold nuggets
Landslide at Angola illegal gold mine kills 28
25th May 2026 By: Reuters

At least 28 people were killed when a landslide struck an illegal gold mining site in Angola's northwestern Bengo province, local authorities said, in one of the country's deadliest illegal mining... 


Xylem Announces New Applied Water Distribution Structure for Southern Africa Region
25th May 2026

What: (Virtual Showroom) Xylem, a global leader in water technology, announces a strategic update to its operating model in Southern Africa. Effective June 1, 2026, AQS Liquid Transfer PTY Ltd,... 


Nampak flags higher normalised HEPS, but lower total operations HEPS, EPS
22nd May 2026 By: Schalk Burger

JSE-listed packaging producer Nampak expects its normalised headline earnings per share (HEPS) for the six-month period to March 31 to increase by between 2% and 13% to R39 and R43, compared with... 


 Schneider Electric strengthens Southern Africa Energies & Chemicals focus
Schneider Electric strengthens Southern Africa Energies & Chemicals focus
20th May 2026

Schneider Electric, a global energy technology leader, is reinforcing its commitment to Southern Africa’s energies and chemicals sector’s growth with the appointment of Prevashen Naicker as the... 


South Africa has reaffirmed its support for the Benguela Current Convention
14th May 2026 By: Rebecca Campbell

Forestry, Fisheries and the Environment Minister Willie Aucamp has hailed the work of the trinational Benguela Current Convention (BCC). He was addressing the seventh Ministerial Conference of the... 


S&P expects sub-Saharan Africa’s growth to remain stable despite global headwinds
13th May 2026 By: Schalk Burger

While global growth is expected to slow to 2.4% for the year, down from the previously projected 2.9%, growth in sub-Saharan Africa is still expected to reach 4.1% this year and 3.8% in 2027,... 


S&P logo
S&P says it is watching South Africa coalition, Middle East conflict risks for wider Africa
13th May 2026 By: Reuters

South Africa faces a double blow from domestic political uncertainty and external headwinds, S&P Global Ratings said, adding that it is monitoring whether the country's coalition government can... 


An image of MIASA executive secretary Vusi Mabena
Zambia resurgence signals regional growth opportunities
8th May 2026 By: Nadine Ramdass

The Zambian mining industry is resurgent and is on track to sustain double-digit growth in its production of copper, positioning the country to facilitate regional growth across Southern and East... 


Flight paths and fault lines
8th May 2026 By: Martin Zhuwakinyu

There was a time when Taiwan counted several African countries among its allies. Now, only one remains, and even that final relationship is so constrained that its leader cannot freely visit,... 


An image of the Kamoa Kakula project
Ivanhoe swings to a first-quarter loss on DRC tax settlement; increases full-year exploration spend
7th May 2026 By: Tasneem Bulbulia

Canadian miner Ivanhoe Mines posted a loss of $2-million and a total comprehensive loss of $35-million for the quarter ended March 31 – the first quarter of its 2026 financial year – compared with... 


Sermon against executive excesses
1st May 2026 By: Martin Zhuwakinyu

On the second leg of a ten-day, four-nation African tour last month, Pope Leo XIV stood before Cameroon’s 93-year-old President Paul Biya in Yaoundé and did what many citizens would think twice... 


BHP global generative exploration head Dr Cam McCuaig.
BHP’s sub-Saharan Africa workshops to galvanise exploration
1st May 2026 By: Martin Creamer

A series of workshops to promote and support greater intelligence and collaboration in minerals exploration in key mining jurisdictions in sub-Saharan Africa are to be conducted by global mining... 


African governments need to prioritise aviation, says IATA
29th April 2026 By: Rebecca Campbell

Aviation was a strategic enabler for African social and economic development, the International Air Transport Association (IATA) has highlighted, at its Focus Africa Conference, in Addis Ababa,... 


A railway line
AFC targets end-2027 financial close for Lobito's Zambia railway
24th April 2026 By: Reuters

The Africa Finance Corporation (AFC) will launch its debt and equity fund-raising push for a new rail line in Zambia in the third quarter of this year, a senior official said on Friday, seeking... 


Could Agoa extension be a win-win for all parties on critical minerals front?
Could Agoa extension be a win-win for all parties on critical minerals front?
24th April 2026 By: Tracy Klückow

The new “deal-making” approach in Washington has some suggesting that  the extended African Growth and Opportunity Act (Agoa) is likely to be used as leverage to secure the supply of unbeneficiated... 


Water storage solutions company fills a key gap
Water storage solutions company fills a key gap
24th April 2026 By: Natasha Odendaal

As Africa faces mounting pressure on its water resources, South African manufacturer Rainbow Reservoirs is positioning itself as a key player to fill a gap in the continent’s water infrastructure. 


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