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Angola raised 208.5 billion kwanzas ($224 million) from the sale of a 34% stake Standard Bank Group Ltd.’s local unit, with investor demand almost double the shares offered and Africa’s biggest lender boosting its controlling interest in the lender.
Angola · POLICY Key Facts —What happened Plastic bags thinner than 50 microns, plastic straws, drink stirrers and cotton buds were banned from 22 September 2026. —The law Presidential Decree 170/25 was signed on 22 September 2025 and gave producers and traders exactly 12 months to adapt. —What it costs Company fines run from 1 […] The post Angola Single-Use Plastics Ban Takes Effect After One-Year Grace Period appeared first on The Rio Times.
Angola · ENERGY Key Facts —What happened Angola connected its southern region to the national electricity grid in May 2026, linking Huíla and Namibe from the Gove hydroelectric plant through a 213-km, 220 kV line. —Who it hits More than 350,000 families in the south are expected to benefit from the end of long-running dependence […] The post Southern Angola Joins the National Power Grid, Ending Years of Running on Diesel appeared first on The Rio Times.
Angola · TECHNOLOGY Key Facts —What happened Angola approved its 2023–2027 Information and Communications Technology White Paper on 5 December 2024 to speed up broadband, satellite, fibre and skills investment. —How big The World Bank’s Angola Digital Acceleration Project is a $300 million International Bank for Reconstruction and Development loan, with about $80 million expected […] The post Angola Is Spending on Fibre, Satellites and Undersea Cables to Become a Regional Digital Hub appeared first on The Rio Times.
TotalEnergies SE and its partners plan to invest $10 billion in Angola’s oil sector over the next five years in order to sustain production in the country.
Angola has completed its eurobond borrowing for 2026 and will weigh any return next year against market conditions as it heads toward an election, Finance Minister Vera Daves de Sousa said.
Africa China debt stock nears $181bn as Beijing slashes new loans 46% and shifts to small-and-beautiful projects. Here is what investors must watch in 2026. The post China Slashes Africa Lending 46% as Kenya and Angola Race to Refinance Old Debts appeared first on The Rio Times.
Angola plans to raise as much as 208.5 billion kwanzas ($228 million) from the sale of a 34% stake in Standard Bank de Angola SA previously held by a jailed former insurance tycoon.