Industry
Highlights
Construction of the Caculo Cabaça dam progresses with the installation of electromechanical equipment
The Caculo Cabaça Hydroelectric Project, under construction in the province of Kwanza Norte, is progressing. According to the Ministry of Energy and Water, after the temporary diversion of the Kwanza River was completed, the electromechanical...
US government reduces customs tariffs on Angolan products to 15 percent
The United States of America (USA) has reduced customs tariffs on Angolan products by almost half. Under the new trade framework being implemented by the Donald Trump administration, products made in Angola will now benefit from customs tariffs of...
Oil is already being produced at the Agogo project, which has estimated reserves of 450 million barrels
The Agogo Floating Production, Storage, and Offloading (FPSO) is now producing oil. Production at this project, which has estimated reserves of 450 million barrels and a projected peak of 175,000 barrels per day, successfully commenced last Tuesday.