Javier Milei, representing the opposition party La Libertad Avanza, claimed victory in Argentina’s runoff election. His opponent was Sergio Massa, from the ruling party Unión por la Patria. Milei’s win marks a shift in Argentina’s leadership. He will start his four-year term as president in December. Official results show Milei got 55.78% of votes. Massa […]
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South African opposition forms historic coalition to challenge ANC in 2024 elections
South Africa’s primary opposition party, the Democratic Alliance (DA), has teamed up with six other smaller parties to challenge the ruling African National Congress (ANC) in the 2024 general elections, local sources reported on Friday. The alliance was solidified at the Multi-party Convention held this week in Johannesburg. At this gathering, a unified strategy was […]

Angolan ministry rules out economic recession despite stagnation in first quarter
The Angolan Ministry of Economy and Planning has dismissed the possibility of an economic recession following the country’s stagnant economy in the first quarter of 2023, primarily attributed to a decline in the oil sector. The ministry believes ongoing “structuring programs” will help reverse this trend. Martins Afonso, the head of the Department for Macroeconomic […]
Angola’s New Direction in Oil
In 2024, Angola will take a significant step in its oil industry by increasing production to 1.2 million barrels per day. This decision, marking its departure from OPEC, aligns with a broader strategy to enhance control over its petroleum resources. Coupled with the renewal of oil block licenses, Angola is positioning itself for a major […]