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    BREAKING NEWS
    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validatedd by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investmenta and Development
    $100 Billion in Investment is needle for the Modernization and Harmonization of Regulatory Framework to boost Africa’s established Broadband Coverage by 2030
    Nigeria Launches National Domestic Payments Card Program
    In Guinea-Bissau, ECOWAS Parliament held a 3 Day Seminar on the Adoption of a Single Currency for Member African States
    $30 Billion has been pledged by the African Development Bank and Development Partners to Finance Food and Farming in the Next Five Years
    $7.9 Billion in Exports glid in 2021 from the East African Community (EAC) Bloc to Africa amidst the Novel Corona Virus (COVID -19) Consequence
    President William Ruto of Kenya has Urged fellow African Rulers to address on Agribusiness beyond Production to Value Addition and Manufacturing
    Africa’s Economic Growth to Outpace Global Forecast in 2023-2024, AfDB Report
    Growers in Uganda to succeed from Nigeria’s AFEX’s Tech-Enable Products having expanding its Products Exchange Business in Nigeria’s AFEX from Kenya
    Nigeria Sets Quality Control and Assurance Laboratory for the Oil and Gas Industry

    Tailored to Angola’s intent to Navigate Capital into its bankable Oil and Gas Project, Africa Oil and Power Inaugurated the Africa Energy Services Special Report

    Posted On 13 May 2020
    By : New Africa Business News, Staff Correspondent
    Comments: 6

    By Abdul Rahman Bangura–

    Luanda, Angola
    Photo Credit: Africa Business Communities

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Pursuant to Angola’s objective to steer equity inflows into its bankable oil and gas projects, Africa Oil & Power (AOP) has inducted the Africa Energy Series Special Report ‘Angola 2020’ as an aid for investors immigrating or extending their existence in the country’s energy sector

    The report which is accessible on AOP’s website; gives an obvious look at Angola’s enterprise chances still on route for improvement in the face of proposal holdups effected by the Novel Coronavirus (COVID-19).

    “While COVID-19 persists to ruffle our business and hamper energy growths across the continent, Angola boldly advances with a number of its large-scale, capital intensive projects, as explained in the Africa Energy Series Special Report: Angola 2020,” said AOP acting CEO, James Chester.

    “While the current investment climate remains challenging for the oil and gas industry, sufficient and sustained FDI is required across the energy supply chain to not only survive the crisis in 2020, but also overcome it in 2021.”

    New Africa Business News
    Africa’s Fastest Growing Global Newspaper. Forward www.newafricabusinessnews.com

    The report largely focuses on upstream developments in Angola, including the 2020 oil and gas licensing round which, as of May 6th, 2020 is still slated to take place; recent block expansions awarded to major operators, including ExxonMobil, Chevron, and Total; the increase in the assessment of rated recoverable resources of ENI’s Agogo discovery; the establishment of the Lifua-A platform to support oil and gas exploration in Block 0; and the establishment of the New Gas Consortium that represents Angola’s first upstream natural gas partnership.

    Within Angola’s developing downstream industry, the report provides updates on the planned construction of natural gas and hydropower plants across the country; the refurbishment of the Luanda refinery to quadruple its current production; and the tender for the construction of new refineries in Cabinda, Lobito, and Soyo.

    The publication follows the recent announcement of a change in date to the Angola Oil & Gas 2020 Conference & Exhibition, which will now take place in Talatona from October 14-15. Under the theme “Angola: African Investment Capital 2020,” the conference returns for its second year to promote and attract FDI to the country’s bankable projects and sign up new entrants to Angola’s oil and gas sector.

     

     

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    Africa President of the year 2020
    Start Voting for Africa President of the year 2020. Nomination Starts February 01 & Ends December 15/ 2020. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 100 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com  .Africa President of the year will be announced January 01/ 2021. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com

     

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    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

     

     

     

     

    Current Outbreak of Coronavirus (COVID-19) Disease- Coronavirus advisory information, World Health Organization & United States, Centers for Disease Control and Prevention

    Coronaviruses (CoV) are a large family of viruses that cause illness ranging from the common cold to more severe diseases such as Middle East Respiratory Syndrome (MERS-CoV) and Severe Acute Respiratory Syndrome (SARS-CoV). A novel coronavirus (nCoV) is a new strain that has not been previously identified in humans.

    Coronaviruses are zoonotic, meaning they are transmitted between animals and people.  Detailed investigations found that SARS-CoV was transmitted from civet cats to humans and MERS-CoV from dromedary camels to humans. Several known coronaviruses are circulating in animals that have not yet infected humans.

    Common signs of infection include respiratory symptoms, fever, cough, shortness of breath and breathing difficulties. In more severe cases, infection can cause pneumonia, severe acute respiratory syndrome, kidney failure and even death.

    Standard recommendations to prevent infection spread include regular hand washing, covering mouth and nose when coughing and sneezing, thoroughly cooking meat and eggs. Avoid close contact with anyone showing symptoms of respiratory illness such as coughing and sneezing. Source- WHO

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    Coronavirus Q&A, World Health Organization
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    Coronavirus condition overview, World Health Organization
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    United States, Centers for Disease Control and Prevention
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    About the Author
    New Africa Business News Staff Correspondent
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    6 Comments

    1. philipy May 14, 2020 at 4:19 pm Reply

      Thank you for being a great global online newspaper. Africa need to tell it’s story. We in Angola, thank you and thank you.

      • New Africa Business News, Staff Correspondent May 14, 2020 at 4:27 pm Reply

        Thank you for reading Africa’s fastest growing global online newspaper.

    2. mandin May 14, 2020 at 4:21 pm Reply

      Me and my wife follow new Africa business news daily business news. Thanks.

      • New Africa Business News, Staff Correspondent May 14, 2020 at 4:27 pm Reply

        Thank you for reading Africa’s fastest growing global online newspaper.

    3. jushowa May 14, 2020 at 4:25 pm Reply

      As a banker in Angola, and I like to thank you for all your reporting about Africa and Angola.

      • New Africa Business News, Staff Correspondent May 14, 2020 at 4:27 pm Reply

        Thank you for reading Africa’s fastest growing global online newspaper.

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    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validatedd by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investmenta and Development

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    • Nigeria Launches National Domestic Payments Card Program
    • In Guinea-Bissau, ECOWAS Parliament held a 3 Day Seminar on the Adoption of a Single Currency for Member African States
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