Most of the world’s fastest-growing megacities will soon be in Africa. Many cities across East Asia and Latin America have grown quickly over the last few decades.
Angola raised $321mn from the sale of a 15% stake in state-owned mobile operator Unitel, completing the country’s largest IPO to date.
African oil & gas producers can achieve significant methane emissions cuts using existing tech, Carbon Limits says, noting infrastructure, regulation and gas commercialisation prospects will determine the economics of abatement.
Russia will hold its latest Russia-Africa summit in October, according to officials involved in preparations for the event, as Moscow seeks to expand political, military and economic influence across Africa.
Block 32 is one of Angola’s largest oil-producing assets, spanning 5,340 square kilometres, and includes the Kaombo ultra-deepwater project, which connects six offshore fields to two FPSOs.