Through deployment of its operations teams, APACOMINAS will alleviate the impacts of landmines and UXO in the affected communities of Kwanza
New discoveries in the Kwanza
basin in Angola by Statoil ASA (Norway) have increased the expectations of the IOCs.
According to Reuters, the apex bank is planning to further devalue the kwanza
Offshore reserves were found in the rich Kwanza
Similarly, blocks in the planned new licensing round are located in the Kwanza
and Namibe ultra deepwater basins.
The Governor of the Bank of Namibia, Mr Ipumbu Shiimi, this Monday, 22 September signed a Currency Conversion Agreement between the Bank of Namibia and Banco Nacional de Angola paving the way for the use of the Kwanza
at the border town of Oshikango in northern Namibia.
State oil company Sonangol last month announced plans to hold bidding this year and next for licences to explore for oil onshore in 10 new blocks in the Kwanza
and Lower Congo basins.
com/news/2012-09-30/angola-oil-law-taking-force-today-may-boost-liquidity) Bloomberg News reported on the latest action within that country to shore up the use and legitimacy of its currency -- the Angolan kwanza
-- vis a vis widely circulated U.
A series of other measures will follow over the next year, which should also provide a significant boost to the local currency, the kwanza
Some 5 271 children, aged from six months to 15 years, were vaccinated against measles in the central Kwanza
Sul province in mid-August, part of the campaign aimed at diminishing the disease.
The worker said the company had promised them to pay in the US currency, " but, now they are offering to pay in Kwanza
, the local currency of Angola".
The petroleum industry in Angola began in 1955 when oil was discovered in the onshore Kwanza
Valley by Petrofina of Belgium which, together with the Angolan government, established a jointly-owned Fina Petroleos de Angola (Petrangol) and built a refinery at Luanda to process the crude oil.