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Angola: Open for Investment - Vimarsana News

Angola: Open for Investment

January 14, 2021 Angola, as the second-largest oil producer in sub-Saharan Africa, holds approximately 8.2 billion barrels of proven oil reserves. Contributing to 50% of gross domestic product and nearly 90% of national exports, oil represents an invaluable resource to the domestic economy. The country also holds the fourth-largest proven natural gas reserves in Africa – approximately 343 billion cubic meters – along with significant renewable potential in solar and wind. In a bid to offset declining hydrocarbon production, the Angolan Government has implemented several key...

AngoSat-2 More Than 60 Per cent Ready; Launch In 17 Months - Vimarsana News

AngoSat-2 More Than 60 Per cent Ready; Launch In 17 Months

AngoSat-2 More Than 60 Per cent Ready; Launch In 17 Months Photo credit: GGPEN The Angolan geostationary telecommunications satellite (AngoSat-2), under construction by Airbus Defense and Space, will enter orbit within 17 months, as announced this Friday in Luanda, the general director of the National Space Program Management Office (GGPEN), Zolana João. According to the director, Angosat-2 is more than 60 per cent complete and is expected to launch in the first half of 2022. With a total weight of 1814kg, he said, Angosat-2 will also be a High Transmission Rate (HTS) satellite and will prov...

Breaking News | Angola: Attorney-General - Over $5 Billion Recovered - Vimarsana News

Breaking News | Angola: Attorney-General - Over $5 Billion Recovered

Views: Visits 19 Luanda — More than US $5bn have already been recovered by the Angolan State, in assets and money, through the National Asset Recovery Service (SNRA) of the Attorney General’s Office (PGR), since the beginning of the process in the year 2019. The data were officially announced last Tuesday, in Luanda, by the Attorney General of the Republic, Hélder Pitta Gróz, in his speech on the occasion of the traditional ceremony to present yearend greetings. On the occasion, the Attorney General said that the SNRA asked its counterparts abroad to seize assets and money esti...