- African trade is growing despite the obstacles
- Why global capital is betting big on Africa’s digital promise
- Kenya posts stronger-than-expected Q1 growth at 5.3% on manufacturing rebound, tourism boom
- China’s new investment rules are about guardrails, not closed doors
- Zanzibar optimistic economic growth will hit 7.5% on tourism boom
- Kenya defies economic shocks to post record $22 billion in tax collections
- Forget South Africa: East Africa now rules in banking industry returns
- Lamu over Tanga: The commercial calculus that cost Tanzania $20bn refinery
West Africa
Unlike conventional bonds that generate returns through fixed interest payments, Sukuk generates returns through the ownership of underlying assets, thereby avoiding the prohibitions of…
Angola is also rich in other minerals like iron ores, diamonds, gold, marble and phosphate deposits. The embassy of Angola’s economic outlook indicates that from the 1950s through 1975, iron ores were explored in provinces such as Malange, Bié, Huambo, and Huíla, and average output reached 5.7 million tonnes per year between 1970 and 1974.
The most explored minerals were exported to Japan, Germany, and the United Kingdom, earning Angola US$50 million a year.
Angola’s phosphate deposits are estimated at 150 million tonnes, located in the provinces of Cabinda and Záire. These resources have so far been unexplored. In Southeastern Angola in the provinces of Namibe and Huíla, marble, granite, and quartz reserves abound. Marble is especially consumed in the local market, while black granite is on demand and exported to United States and Japanese markets.
As Africa’s role in the global economy continues to garner…
Air France is expected to resume flights to Liberia, five years after it took a…
Zimbabwe plans to introduce a new currency in a bid to ease shortages of the…
Three projects financed by the African Development Bank (AfDB) for US$121.4 million in 2010-2011 are…
Zimbabwe expressed concern over the United States’ ban placed on its diamonds to prevent it…
Smile Train, the world’s leading cleft organization, announced their partnership with the West African College of…
A report released at the African Green Revolution Forum in Accra finds that millions of…
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Recent Posts
- African trade is growing despite the obstacles 15.07.2026
- Why global capital is betting big on Africa’s digital promise 15.07.2026
- Kenya posts stronger-than-expected Q1 growth at 5.3% on manufacturing rebound, tourism boom 14.07.2026
- China’s new investment rules are about guardrails, not closed doors 14.07.2026
- Zanzibar optimistic economic growth will hit 7.5% on tourism boom 13.07.2026
- Kenya defies economic shocks to post record $22 billion in tax collections 10.07.2026
- Forget South Africa: East Africa now rules in banking industry returns 09.07.2026
- Lamu over Tanga: The commercial calculus that cost Tanzania $20bn refinery 09.07.2026
- Kenya’s markets regulator opens the door, but can the investors walk through? 08.07.2026
- Tourism Infrastructure as Economic Catalyst: Lessons from East Africa’s Hotel Development Boom 08.07.2026





![Sectors to revive Angola’s heavily indebted economy Oil-extraction-in-Angola. [Photo: Financial Fortune]](https://theexchange.africa/wp-content/uploads/2022/10/ANgola-300x200.jpg)





















