Sonangol News

Angolan billionaire Isabel dos Santos, whose net worth is $3.5 billion, is Africa's richest woman, according to Forbes.

Portugal Dominated Angola for Centuries. Now the Roles Are Reversed

How the roles have reversed: The colonizer, some Portuguese contend, has been colonized.

Angola’s President José Eduardo dos Santos

Angola's President Dos Santos anoints Deputy Lourenco

Angola’s long-time President Jose Eduardo dos Santos has confirmed he will step down before August’s poll and has announced his likely successor.

African M&A deal volume at a seven year high, says Mergermarket

African M&A deal volume at a seven year high, says Mergermarket

A steady increase in African deal flow and interest from overseas investors since the financial crisis points to the increasing maturity of African countries as a destination for M&A.

Sub-Saharan Africa’s national oil companies have big ambitions but funding remains a challenge.

Sub-Saharan Africa's national oil companies have big ambitions. Funding remains a challenge: Rolake Akinkugbe, Head of Energy and Natural Resources, FBN Capital

In March, Saudi Aramco concluded a $10 billion standby revolving credit facility deal with 27 international lenders, the largest of its kind in the Gulf region for years. Even revenue-rich Saudi’s NOC needs large pools of capital from abroad.

Isabel dos Santos

Angola's Isabel dos Santos shifts focus in Portugal from telecoms to banks

An attempt by Isabel dos Santos to orchestrate a merger of two of Portugal’s largest banks has a better chance of success than her past attempts to shake up Portugal Inc, analysts and industry sources say.

Construction cranes operate among new skyscrapers being built in the business district of Luanda, Angola

Angola’s $7 Billion Waterfront Project Seeks to Attract Hilton Hotels

Builders of a $7 billion waterfront development in Angola’s capital, Luanda, are seeking to attract an international hotelier such as Hilton Worldwide Holdings Inc. (HLT) to boost the profile of the project.