What’s new
[2019-03-18] ENI announces start of natural gas extraction in Mozambique by 2024
Source: Macauhub Extraction and processing of natural gas in the Mamba field in the Rovuma Basin Area 4 block in northern Mozambique is expected to...
[2019-03-15] Angola’s oil production increases by 22,000 barrels a day in February
Source: Macauhub Angola’s oil output rose by 22 thousand barrels per day (bpd) in February to 1.457 million bpd, according to the Organization of Petroleum...
[2019-03-15] Banco Nacional de Angola evaluates asset quality of 12 commercial banks
Source: Macauhub Next April the National Bank of Angola will start a process of evaluation of the asset quality of the country’s 12 largest commercial...
[2019-03-15] Angolan insurer ENSA to be privatised
Source: Macauhub The Angolan government intends to privatize state insurer ENSA – Seguros de Angola, with at least one interested party, South African financial group...
[2019-03-15] Kenmare Resources exports record amount of minerals extracted in Mozambique in 2018
Source: Macauhub Kenmare Resources reported the third consecutive year of record export of minerals extracted from the Moma heavy sand deposits in Nampula province, northern...
[2019-03-14] Angola and Mozambique stand out in 2018 by number of construction projects
Source: Macauhub Angola and Mozambique were the second and third countries in Southern Africa in 2018 with the highest number of construction projects worth US$50...
[2019-03-14] ENI group discovers more oil in Angola
Source: Macauhub Italian group ENI has made another deep-water oil discovery in Angola with estimated reserves of between 450 million and 650 million barrels, the...
[2019-03-14] World Bank grants US$1 billion loan to Angola
Source: Macauhub The World Bank will grant Angola a US$1 billion loan for direct support to the State Budget, along with social protection and water...
[2019-03-14] Cabo Verde Government wants to complete airport concession programme this year
Source: Macauhub The Cape Verdean government plans to finalise the concession programme for the country’s airports in 2019, once the TACV – Cabo Verde Airlines...
[2019-03-13] Portugal participates in the Mozambique Lusophone Compact with guarantees for financing
Source: Macauhub Portugal is taking part in Mozambique Lusophone Compact 400 million euros in guarantees to be matched by financing from the African Development Bank...
