Oil production falls in February
The oil production in Angola in February this year was set at 29.7 million barrels, meaning 4.5 million less compared to the results of January.According to the monthly report published…
Stock Exchange Business grows 60.20% and registers a AKZ 1.5 billion record
Luanda - The Angolan Debt and Stock Exchange (Bodiva) handled 1.5 billion kwanzas in 2022, a volume of transactions considered "record", with 5,746 deals being carried out in the markets.The…
Nigeria, Israel to deepen ties in innovation, entrepreneurship, production
Nigeria and Israel have commenced collaborative moves to deepen partnership in innovation, entrepreneurship and production with the aim of harnessing Nigeria’s huge potentials for its technological development.The Acting Director, Public…
US Foreign Aid Agency Continues to Invest in Africa
Branching out from the usual bilateral agreements between the United States and individual nations, the Millennium Challenge Corporation (MCC) recently crafted a new type of grant to promote cross-border economic…
AfCFTA organises business forum to boost trade among African countries
The African Continental Free Trade Area (AfCFTA) will organise the first Tujenge Pamoja Africa Business Forum slated for March 8-10, 2023 in Cape Town, South Africa.The primary outcomes for the…
World Bank cuts 2023 world growth to 1.7% in ‘sharp, long-lasting slowdown’
WASHINGTON, Jan 11 (NNN-AGENCIES) — Global growth is expected to slow “perilously close” to recession in 2023, the World Bank said, slashing its economic forecast on high inflation, rising interest…
World food prices hit record high in 2022: UN
PARIS, World food prices fell for a ninth month in a row in December but hit their highest level on record for the full year in 2022, UN data showed.Food…
OPEC+ agrees to keep output levels unchanged
VIENNA— Major oil-producing countries led by Saudi Arabia and Russia agreed to maintain their current output levels in a climate of uncertainty and ahead of fresh sanctions against Moscow coming…