The tender was for the construction of a new suburb in the capital Luanda.
The World Bank’s International Development Association will finance a project supporting the sustainable use of natural resources
Three years ago, power cuts that extended up to 18 hours hit production at gold mines
Expected demand from Europe has been linked as one of the motivations for this, with the hope of selling at higher prices.
Barrick has said it plans to shed $1.5 billion of less productive mines.
The rand is responding strongly to international events, which introduced risk into foreign exchange markets.
The power producer blamed the electricity deficit on low water levels at the Kariba hydro-power station
The anticipation of lower prices for crude oil by European refiners is affecting Angola’s sale for June