Continental Focus, International Reach

COVID-19 drives Sub-Saharan Africa toward First Recession in 25 Years

Analysis shows that COVID-19 will cost the region between $37 billion and $79 billion in output losses for 2020 due to a combination of effects WASHINGTON D.C., United States of America, April 9, 2020/ — Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbreak and is forecast to fall sharply from […]

April 10, 2020 Read More

NOC continues to provide medical equipment to help confront COVID-19

The Sustainable Development Department of the National Oil Corporation (NOC) has procured additional medical equipment and devices needed to deal with the coronavirus, in coordination with the Austrian company OMV. The equipment, which was received on Tuesday, April 7, 2020, included face masks, medical protective gowns, thermometers, disinfectants and other medical items. NOC will distribute […]

April 10, 2020 Read More

New Petroleum Minister for Angola

President João Lourenço has reappointed Pedro Azevedo Diamantino as Minister of Mineral Resources, Petroleum and Gas of the Republic of Angola. Diamantino was initially appointed in September 2017 and went on to enact a number of reforms in the country’s oil and gas sector. Under his leadership, new frameworks for marginal fields development, gas developments, […]

April 10, 2020 Read More