An agreement on promotion and reciprocal protection of investment between Angola and South Korea is in the pipeline.
The Prime Minister of São Tomé and Príncipe wants a new era of cooperation with Angola, building on the investment protection agreement that was signed in 1995.
Sonangol E.P and Cobalt International Energy, Inc announced the signing of an agreement to resolve all disputes between the two companies.
U.S. oil firm Cobalt said it had filed requests for arbitration seeking more than $2 billion from Angola’s state-run Sonangol.
U.S. oil firm Cobalt said it would seek arbitration if Angola’s state-run Sonangol failed to extend license deadlines on two deepwater blocks
Enforcement of international arbitral awards will be possible in Angola following the government’s decision to ratify the New York Convention, as it seeks to attract international investment beyond the oil sector.
Angola will join the Free Trade Zone of the Southern Africa Development Community (SADC) in 2017, if the country takes the necessary steps
The ICFAs open a door to arbitration, providing an alternative to the local courts, but State-to-State, not investor-State.
On 30 March 2015, Brazil and Mozambique entered into a treaty, which they call the Agreement for Cooperation and Investment Facilitation. On 1 April, Brazil and Angola entered into an agreement of the same nature.
Economic Planning and Investment Promotion Minister Tapiwa Mashakada has decried the lack of positive outcomes from the Bilateral Investment Promotion and Protection Agreements Zimbabwe has signed with a number of countries.
Japan and Angola struck a basic agreement Monday on a bilateral investment treaty, which is designed to facilitate Japanese firms’ foray into the resource-rich African country
The SADC Secretariat has achieved little progress in getting Angola and the Democratic Republic of Congo to joining its trade liberalisation process, the Free Trade Area, which has been in existence for nearly three years now.
President Dmitry Medvedev is embarking Tuesday on a four-day African tour, beginning with a visit to Egyptian President Hosni Mubarak before moving on to Nigeria, Namibia and Angola. Medvedev’s trip appears focused on helping Russian companies gain additional access to the continent’s natural resources wealth.
Angola, which rivals Nigeria as Africa’s biggest oil producer, and the United States will sign a trade and investment deal next week to boost bilateral trade, the US ambassador to Angola was cited as saying on Tuesday.
South Africa, Namibia and Angola have sent the European Union a letter — on an official South African letterhead and signed by the three countries’ ambassadors — reiterating concern about the interim economic partnership agreement and urging the EU to allow more time before the pact is signed.
Angola will join the Free Trade Area (FTA) of the Southern Africa Development Community (SADC) in two to three years time.
Spain is turning to West Africa as a potential investment destination in a commercial and political offensive linked to trying to control flows of illegal migrants to its territory, its industry minister said on Thursday.
The Governments of Angola and Spain Wednesday in Luanda signed an accord for reciprocal protection of investments and a memorandum of understanding, that sets a programme of financial cooperation involving two credit lines of about Usd 600 million.
Angola is not yet prepared to join the free trade zone in the year 2008, under the process of regional integration of the Southern Africa Development Community (SADC), said Tuesday in Luanda the Planning minister, Ana Dias Lourenço.