Sonangol Group News

President Jose Eduardo Dos Santos (Left) walks with his French counterpart Francois Hollande by guards of honor at the Presidential Palace in Luanda on July 3, 2015 (AFP Photo/Alain Jocard)

France & Angola sign business deals from oil to hotels

France and Angola on Friday signed business agreements covering a wide range of economic sectors from oil to hotels, which are potentially worth several hundred million dollars, French officials said.

Angola’s $750 Million Sugar-to-Fuel Project to Start in June.

Angola's $750M Sugar-to-Fuel Project to Start in June

A $750 million project to produce ethanol and sugar in Angola will start next month after a year of delays as costs rose 50 percent on a plantation larger than Montreal.