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Tag: ANGOLA

Business / economics

Biden Advocates for Quality U.S. Investments in Africa During Angola Visit

December 4, 2024December 4, 2024 - by Carmen Mendez - Leave a Comment

President Biden is in Angola promoting superior U.S. investments to counter China’s influence, showcasing a new infrastructure project intended to strengthen relations with African nations. President Joe Biden is currently …

Biden Advocates for Quality U.S. Investments in Africa During Angola Visit Read More
Companies / Global news

Kolwezi: Battleground for U.S.-China Competition Over Critical Minerals

December 4, 2024December 4, 2024 - by Carmen Mendez - Leave a Comment

Kolwezi, D.R. Congo, is central to U.S.-China competition over copper and cobalt. U.S. initiatives like the Lobito Corridor aim to reduce China’s dominance in the region. Despite potential benefits, corruption …

Kolwezi: Battleground for U.S.-China Competition Over Critical Minerals Read More
Global news

President Biden Marks Historic Commitment to Africa During Angola Visit

December 3, 2024December 3, 2024 - by Allegra Nguyen - Leave a Comment

President Joe Biden’s visit to Angola marks a historic engagement, pledging $3 billion for the Lobito Corridor project to boost economic ties and acknowledging shared histories of slavery. The visit …

President Biden Marks Historic Commitment to Africa During Angola Visit Read More
Global news

Biden’s Diplomatic Mission to Angola: Investing in the Lobito Corridor

December 2, 2024December 2, 2024 - by Marcus Chen - Leave a Comment

President Biden’s visit to Angola signifies a commitment to enhancing U.S.-Africa relations through trade and infrastructure investments, particularly evident in the Lobito Corridor project. This railway initiative aims to connect …

Biden’s Diplomatic Mission to Angola: Investing in the Lobito Corridor Read More
Global news

Biden’s Visit to Angola: A Strategic Move Against China’s Influence

December 2, 2024December 2, 2024 - by Marcus Chen - Leave a Comment

President Biden’s inaugural visit to Angola aims to strengthen U.S.-Africa relations and counter China’s influence through significant investment in the Lobito Corridor, a key infrastructure project for trade in critical …

Biden’s Visit to Angola: A Strategic Move Against China’s Influence Read More
Companies

Access Bank Completes Acquisition of Standard Chartered Bank Operations in Angola and Sierra Leone

November 29, 2024November 29, 2024 - by Marcus Chen - Leave a Comment

Access Bank Plc has completed the acquisition of Standard Chartered Bank Angola and Sierra Leone. This expansion enhances Access Bank’s position in Corporate and SME banking, aligning with its vision …

Access Bank Completes Acquisition of Standard Chartered Bank Operations in Angola and Sierra Leone Read More
Companies

Oman Firm Acquires Alrosa’s Stake in Angola’s Catoca Diamond Mine Amid Sanctions

November 29, 2024November 29, 2024 - by Marcus Chen - Leave a Comment

An Omani state fund has acquired shares in Angola’s Catoca diamond mine from Alrosa. This decision follows the imposition of international sanctions on the Russian company, deemed a “toxic partner” …

Oman Firm Acquires Alrosa’s Stake in Angola’s Catoca Diamond Mine Amid Sanctions Read More
Global news

DR Congo and Rwanda Reinforce Commitment to Ceasefire Amid Ongoing Conflict

November 28, 2024November 28, 2024 - by Liam Nguyen - Leave a Comment

Foreign ministers from the DRC and Rwanda met to stress the importance of a respected ceasefire in eastern DRC, following a ceasefire established in August with mediation from Angola. The …

DR Congo and Rwanda Reinforce Commitment to Ceasefire Amid Ongoing Conflict Read More
Companies

Access Bank Completes Strategic Acquisitions in Angola and Sierra Leone

November 28, 2024November 28, 2024 - by Liam Nguyen - Leave a Comment

Access Bank Plc has successfully acquired Standard Chartered Bank in Angola and Sierra Leone, as announced by CEO Roosevelt Ogbonna. This strategic acquisition aims to bolster the Bank’s earnings and …

Access Bank Completes Strategic Acquisitions in Angola and Sierra Leone Read More
Companies

Access Bank Completes Strategic Acquisition of Standard Chartered in Angola and Sierra Leone

November 28, 2024November 28, 2024 - by Allegra Nguyen - Leave a Comment

Access Bank Plc has completed the acquisition of Standard Chartered Bank’s operations in Angola and Sierra Leone, enhancing its corporate and SME banking presence. CEO Roosevelt Ogbonna confirmed this strategic …

Access Bank Completes Strategic Acquisition of Standard Chartered in Angola and Sierra Leone Read More

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