akins station

luanda News

Angola has been elected to chair the OPEC Ministerial Conference for 2026, reinforcing its role in global oil markets. President João Lourenço attended the G7 Summit in Italy as a guest, securing €200 million in European renewable energy investments. The IMF has approved Angola’s economic reform program, unlocking a $1.5 billion loan to stabilize the kwanza.

The World Bank warns of rising food insecurity in Luanda’s outskirts, with 40% inflation in basic goods. Meanwhile, Angola and DRC sign a new agreement to jointly exploit offshore oil reserves, easing border tensions.

Business and Economic News

Oil production rebounds to 1.4 million barrels per day, boosting GDP growth to 3.9% in Q2 2025.
Kwanza (AOA) stabilizes at 850/USD after central bank interventions.
Inflation drops to 25% (down from 32% in 2024), but food prices remain volatile.
Luanda-Bengo Special Economic Zone attracts $500 million in new investments.
Angola Telecom launches 5G network in Luanda, with nationwide rollout by 2026.

Political News

MPLA party faces internal dissent ahead of 2027 elections, with factions opposing Lourenço’s reforms.
Luanda Governor Manuel Homem reshuffles cabinet amid corruption allegations in public works contracts.
Opposition UNITA gains ground in polls, now at 38% support in Luanda.
China-Angola Forum held in Talatona, securing $300 million in infrastructure deals.

Employment News

Unemployment falls to 28% (Luanda at 24%), but youth joblessness remains at 45%.
10,000 new jobs created in construction, retail, and oil sectors.
Government launches "Luanda Digital" program, training 5,000 youths in tech skills.
Minimum wage raised to 75,000 AOA/month ($90), sparking mixed reactions from businesses.

Entertainment News

Luanda International Jazz Festival (June 20-23) features Burna Boy, Yuri da Cunha, and Elji Beatzkilla.
Cine Atlântico premieres "Nzinga: Queen of Angola", a historical epic.
Kuduro star Titica news "Carnival of Luanda" (June 27-19).
New nightclub "Kizomba Lounge" opens in Maianga, reviving traditional dance culture.

Election News

Electoral Commission (CNE) begins biometric voter registration for 2027 polls.
MPLA leads polls at 51%, but UNITA gains in urban areas.
Protests erupt in Cazenga over alleged voter suppression tactics.

Legal News

Supreme Court convicts 12 ex-officials in $1.2 billion Sonangol corruption case.
Landmark ruling grants women equal inheritance rights under customary law.
New cybercrime law imposes 5-year sentences for "fake news" offenses.

Market News

Roque Santeiro Market vendors protest 40% rent hike.
Fuel prices drop to 150 AOA/liter after subsidy reforms.
Luanda Mall expansion adds 50 new stores, boosting retail sector.

Forecast

Friday (June 24): Sunny, 29°C/22°C
Saturday (june 20): Humid, 30°C/23°C
Sunday (June 26): Light rain, 27°C/21°C
Monday (June 27): Cloudy, 28°C/22°C
Tuesday (June 28): Sunny, 30°C/23°C
Wednesday (June 29): Breezy, 29°C/22°C
Thursday (June 20): Partly cloudy, 28°C/22°C

Local Events

town:

1º de Agosto vs. Petro de Luanda (Girabola League, June 26).
Luanda Half-Marathon (June 23), with 3,000 runners expected.

Concerts:

"Kuduro Nation" concert at Estádio da Cidadela (June 27).
Semba Master show at Belas Shopping (June 28).

Movies:

Cineplace screens "Black Panther: Wakanda Forever Returns".
Angolan Film Week at CCA (June 29-25).

Fairs & Festivals:

Feira do Kikolo (june 20-18) – Handicrafts and street food.
Luanda International Trade Fair (FILD) preparations begin (August event).

Luanda remains Angola’s economic and cultural heartbeat, balancing oil-driven growth with social inequality. While political tensions simmer ahead of elections, the city’s entertainment scene thrives. The coming months will test whether economic reforms can translate into better living standards for all residents.