Angola: Latest News

  • A High Oil Price Has Its Downside, Especially In Sub-Saharan Africa

    high oil price - Gas and oil-rich Nigeria provides an opportunity for banks willing to buy up government debt. Photo - Hope for Nigeria - sub-Saharan Africa By Kurt Davis Jr., 6:51 am AFKI Original

    Oil prices are tanking. Oil prices are rising. It is the constant storyline in the early days of 2018, but a high oil price has a downside for some countries in sub-Saharan Africa. Those bullish on the price have their reasons, as do those who are bearish, but the reality is that an oil price rebound may simply not be the best outcome for some countries in the sub-Saharan African region. We take a look at a few examples.

  • African E-Commerce Giant Responds To Demand, Expands Into 11 New Markets

    New markets - Fashion retailing - MallforAfrica is an e-commerce platform that allows Africans to buy online internationally. Photo: MFA By Peter Pedroncelli, 1:41 am

    E-commerce platform MallforAfrica has continued with its aggressive expansion plan by entering 11 new African markets in response to demand for the company’s patented platform. The desktop and mobile app, which lets Africans purchase products from more than 250 U.S. and U.K. online retailers, will now be available in Angola, Chad, Guinea, Botswana, Tanzania, Uganda, Malawi, Egypt, Democratic Republic of Congo, Senegal, and Sierra Leone.

  • Women To Watch In Africa During 2018

    women to watch By Kurt Davis Jr., 11:57 am AFKI Original

    The women’s movement made great strides in 2017, particularly with the changes seen in business and politics around the treatment of women on a global scale. The wind behind these efforts will force more change across the globe and create more opportunities for women. With that in mind, and while considering women from both the world’s of business, sport and politics, these are the top women to watch in 2018.

  • First Direct Submarine Cable Between Africa And South America Almost Complete

    direct submarine cable - Laying the cable for the South Atlantic Cable System from Angola to Brazil. Photo - Tandaabiashara By Peter Pedroncelli, 11:15 am

    The very first direct submarine cable link between Africa and South America is nearing completion, with Angola Cables set to reach the Brazilian part of its final construction. Connecting Angola to Brazil, and therefore Africa to South America, the submarine cable is set to arrive in the Brazilian city of Fortaleza in early February. The South Atlantic Cable System (SACS) broke ground in August 2017, and construction is progressing as planned.

  • An Investment Banker’s 54 Christmas Wishes For African Economies in 2018

    Africa accelerator - African economies By Kurt Davis Jr., 12:44 pm AFKI Original

    There are 54 countries in Africa, and each of these nations have specific advantages and challenges that are unique to them. They are in need of various blessings for 2018, which can serve to make sure the new year is an improvement on 2017. If this investment banker could be Santa and give gifts to each of his African friends, here’s what he would wish for each of the African economies in 2018.

  • Luanda Celebrates Its Advances In Technology

    advances By Staff, 8:59 am

    Angola is taking the world by surprise. With the recent explosion of advancements in healthcare, technology, and transportation the continent is seeing a major shift in the way of life. Luanda even now takes the number one spot for the most expensive city in the world for expats. Becoming one of the world’s most expensive cities isn’t always perceived as a positive. This is especially true for the native people of Luanda who are also affected and not yet adjusted to the big change in economy.

  • Opinion: Dos Santos Departure Means Likely Boost To Angolan Private Sector Investment

    Dos Santos By Kurt Davis Jr., 9:47 am AFKI Original

    The re-election of the People’s Movement for the Liberation of Angola (MPLA), and a brave decision by Jose Eduardo dos Santos to step down should be celebrated, but with this development comes a list of opportunities and challenges. The stepping down of President dos Santos should not be understated for its rarity in the context of politics in other sub-Saharan African countries.

  • Senegal To Launch Internet Exchange Point End Of August

    Internet exchange By Staff, 9:20 am

    Two years after it was announced, the Senegal Internet Exchange Point (SENIX) is scheduled for official launch on 29 August, according to Cheikh Bakhoum, Chairman of the Board of Directors at SENIX and Director General of Senegal’s State Information Technology Agency (ADIE). Bakhoum said the exchange point would be launched in the country’s capital city of Dakar and would bring about a revolution in the country’s telecoms ecosystem. SENIX is the result of collaboration between 23 partners.

  • Namibian Cosmetic Manufacturing Firm Aiming To Be A Global Success

    Sandra Mwiihangele created Kiyomisandz, a cosmetic manufacturing company in Namibia. (Photo: Sandra Mwiihangele) By Ann Brown, 3:09 am AFKI Original

    Sandra Mwiihangele has a great passion for cosmetics and entrepreneurship, leading her to create Kiyomisandz, a cosmetic manufacturing company in Namibia. The 29-year-old businesswoman has been successful, but she remains ambitious. Mwiihangele wants Kiyomisandz to grow into a respected African business and international brand that can compete with the likes of L’Oréal, Revlon, and The Body Shop.

  • Top 5 Women In Africa Influencing Politics And Economies

    Isabel dos Santos is one of the most influential women in Africa By Kurt Davis Jr., 10:44 am AFKI Original

    Women continue to be key stakeholders on the African continent, both in an economic and political sense, and certain influential women have already played their part in the African context during 2017. From Nigeria to Zimbabwe, the likes of Isabel Dos Santos and Grace Mugabe have had an incredible influence on the African continent, along with a few other important women.

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