AFRICA OBSERVATORY - ISSUE 14

1 - 9 AUG 2019

MESSAGE OF THE PRESIDENT

This is the 14th edition of the African Observatory. As TAFAC, we congratulate the Feast of Sacrifice of all Muslims.

In this issue, we share general information about Angola, one of the African countries, economic situation and trade figures of the country.

The prominent article in this week's agenda is the start of the first high-volume barrel oil export, an important development for Kenya. The fact that Kenya has one of the major oil reserves is the first step towards a serious development for Kenya considering that the estimated oil reserve is 560 million barrels.

As every week, you can share all your requests with us about our publications.

Sincerely,
President of TAFAC

Abdulaziz Unal

DWELLING ON AFRICA: COUNTRY REPORT

DETAILED GENERAL COUNTRY REPORT ABOUT ANGOLA
Angola Flag

Dwelling on Africa: Country Report “Angola”

Angola is a country on the western coast of southern Africa. Angola is bordered by the Atlantic Ocean in west, Namibia in south, the Democratic Republic of the Congo (former Zaire) in north, and Zambia in the east. The exclave province of Cabinda is separated from Angola by a tongue of the Democratic Republic of the Congo and has also borders with the Republic of the Congo. Angola occupies an area of 1,246,700 km², compared it is almost 14 times the size of Portugal, the former colonial power of the country, or slightly less than twice the size of the U.S. state of Texas. Angola has a population of 24.4 million people (census 2014). Largest city and the national capital is...

HEADLINE OF THE WEEK

THE IMPORTANT HEADLINE OF ISSUE 14

Kenya to Export First Barrels of Oil

A $12 million commercial sales agreement for 200,000 barrels was signed on Thursday, August 1. Kenyan President Uhuru Kenyatta made the announcement himself without disclosing details. "We are now an oil exporter." Statement by President Kenyatta that does not hide his joy. 200,000 barrels trucked into the port of Mombasa are ready to be exported by September. In any case, this is what the British oil company Tullow Oil, which discovered the oil fields in 2012 in Turkana, a region in the north-west of the country, hopes. Reserves are estimated at about 560 million barrels. The upcoming export of 200,000 barrels, a modest...

ECONOMICAL DEVELOPMENTS AND POLITICS

SUMMARY OF THE ECONOMICAL DEVELOPMENTS AND POLITICS IN THIS ISSUE FROM TAFAC'S PERSPECTIVE

TURKEY IN AFRICA

What is new in Africa about Turkey?

Turkey in Africa – Issue 14

TURKEY-AFRICA: $179 Billion in Trade Over the Past 10 Years Over the 2009-2018 period, Turkey exported $121 billion to African countries, while it imported $58 billion. The volume of trade between Turkey and the African continent reached $179 billion over the period 2009-2018. According to information crossed by the Anadolu Agency (AA) correspondent, since 2005 and the announcement of Turkey's new policy...

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