Australia's Lupaca Diamond Company has reported that miners in Angola have extracted a rare pure pink diamond, considered the largest to have been discovered in the world in 300 years. The 170-carat, 34 grams diamond has been dubbed “the Rose of Lulo”, after the mine in northeast Angola where it was extracted.
Huge volumes of discovered hydrocarbons worldwide are currently ‘stranded,’ according to a study by Westwood Global Energy Group. The consultant has identified 119 fields in this category that were found between 2008 and 2016 with collectively 11 Bbbl of oil and 36 Bboe of gas, but currently not progressing toward development, including Brazil, Angola, and the Falkland Islands in the south Atlantic.
An award-winning investigative team published a trove of files on Sunday allegedly showing how the daughter of Angola's former president - dubbed Africa's richest woman - siphoned hundreds of millions of dollars of public money into offshore accounts.
Brazilian prosecutors said on Monday they had charged former President Lula da Silva and Marcelo Odebrecht, ex-CEO of engineering group Odebrecht SA, with corruption related to contracts in Angola.
In three rounds of voting on Thursday the United Nations General Assembly elected Angola, Malaysia, New Zealand, Spain and Venezuela to serve as non-permanent members on the Security Council for two-year terms beginning on 1 January 2015.
The Plymouth based frigate, HMS Portland currently deployed on South Atlantic tasking reached this week South Africa's Cape Town where she was involved in promoting Britain and in charity activities. Previously she made a short stop in the Angolan capital, Luanda to highlight UK’s relationship with Angola and provide training to Angolan Navy personnel.
Angola’s National Assembly approved this week the Joint Declaration on the Establishment of Strategic Partnership with Brazil, as well as the draft resolution on Cooperation between the two countries in defence domain.
President Cristina Fernández took to her Twitter account to say that “the fundamental goal in the unity of the region must be to make sure that the global crisis has the less kind of possible impact in the development of our nations.”
President Cristina Fernández highlighted the importance of keeping the South Atlantic region as ”an area of peace, free of militarization,” during her speech before the National Assembly of Angola on Friday.
President Cristina Fernández highlighted the “magnificent opportunity” Argentina and Angola had in coming together on future business transactions, particularly in the face of the global financial crisis, while addressing a meeting with businessmen in Angloa where she is on a three day official visit.