Industry
Highlights
Angola produces less than one million barrels per day for the first time since 2023
The country's oil production in July was 30.9 million barrels, falling below one million barrels per day for the first time since 2023, the year it left OPEC.
Japan proposes creation of Indian Ocean-Africa economic zone
Japan proposed on Wednesday the creation of a common economic zone spanning the Indian Ocean and Africa to harness the economic potential of the continent, where China is increasing its influence.
Lobito Corredor appoints Nicholas Fournier as chief executive officer and Alexandre Canas as president
Lobito Atlantic Railway, the operator of the Lobito railway, announced this Tuesday that Nicholas Fournier and Alexandre Canas are the company's new directors, with the aim of carrying out the new "critical phase of operational expansion".