12 °c
London
Saturday, December 2, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Angola exports 10% of Indian crude oil

FurtherAfrica by FurtherAfrica
September 24, 2017
in Africa, Angola, Commodities, Economy, Export, Natural Resources, Oil, Trade
Reading Time: 1 min read
0 0
0
Angola exports 10% of Indian crude oil

Angola exports at least 10 percent of the oil consumed in India, a country considered as a strategic bisiness partner of the Asian state.

This was said to the press on Friday in Luanda by the Indian ambassador to Angolan, Sushil Singhal, after the closing ceremony of the business capacity building on international business and exports, held by the Agency for Promotion of Investment and Exports of Angola (APIEX), in partnership with the International Trade Institute of India.

He also considered positive the trade between the Angolan and Indian businesspeople, stressing the existing of more than four thousand Indians doing business in Angola.

The ambassador equally said that trade between the two countries was around 7.5 trillion US dollars, but due to the situation of the financial and economic crisis dropped to 3.5 trillion.

On the other hand, the diplomat assured  that India will work together with Angola so that the African country may reduce the number of its imports by setting up an internal production chain.

On his turn, the Angolan Secretary of State for Foreign Trade, Francisco Fernandes, considered the event of paramount importance, since it allowed the economic agents to discuss trade issues and strengthen economic relation between the two countries.

The event, which took place on 19-23 September at APIEX facilities, aimed at building the capacity of economic agents, as well as sensitize the public and private entities, in order to reinforce the outlined goals, under the national economic diversification process, thus boosting the exports of national products.

Source: Angop

Related

Tags: Agency for Promotion of Investment and Exports of AngolaAngolaAngolan Secretary of State for Foreign TradeAPIEXcrudeexportFrancisco FernandesIndiaInternational Trade Institute of Indiaoilアンゴラ安哥拉
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

Energy

Galp kicks off PEL 83 drilling in Namibia

by Energy Capital & Power
December 2, 2023
Trade

ITC and TRAIDE Foundation promote direct Dutch-Ethiopian coffee trade

by Fabio Scala
December 2, 2023
Energy

Germany and Italy to develop North Africa pipeline project

by Energy Capital & Power
December 2, 2023
Construction of US$4.5B Batoka Gorge Hydro-Electric Scheme to begin soon
COP 28

COP28: Unlocking Mozambique’s hydro energy potential

by Rafael Carvalho
December 2, 2023
COP 28

COP 28: Angola commits to methane reduction targets

by Fabio Scala
December 2, 2023
Mozambique eVisa
 
MozParks

Translate this page

Read the Latest

Energy

Galp kicks off PEL 83 drilling in Namibia

by Energy Capital & Power
December 2, 2023
0

Portuguese oil and gas company Galp has started drilling operations in the Mopane prospect complex, located in the southern area...

Read more

ITC and TRAIDE Foundation promote direct Dutch-Ethiopian coffee trade

December 2, 2023

Germany and Italy to develop North Africa pipeline project

December 2, 2023
Construction of US$4.5B Batoka Gorge Hydro-Electric Scheme to begin soon

COP28: Unlocking Mozambique’s hydro energy potential

December 2, 2023

COP 28: Angola commits to methane reduction targets

December 2, 2023

FurtherAfrica Partners Network

The Exchange Farmers Review Africa 360 Mozambique
TechGist Africa Energy Capital & Power Club of Mozambique
Taarifa Rwanda Web3Africa See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa  

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 107.2K other subscribers
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?