news

by country & category

Angola

Angola
Population: 19 mn.
GDP: 82.5 bn.
Debt: 14.2 bn.
Overview:

A general election is due in the last quarter. President José Eduardo dos Santos will keep everyone guessing about his succession, probably until after the election. Infrastructure investment is a priority; investors respond as fiscal management improves.

Angola Country Report

 


news from Angola

Category: all

Found 148 articles.

Displaying 91-100 out of 148 results.

  • Vol 45 No 2
  •  23rd January 2004

Black gold flows

If the powerful can get their hands on oil money, why bother about reform?

  • Vol 45 No 2
  •  23rd January 2004

From Russia with debt

One of Angola's murkier debt deals was an intricate agreement for rescheduling US$5 billion owed, mostly since the Cold War, to Russia. After hefty repayments, the then Finance Minister, Júlio Bessa (since replaced by José Pedro de Morais) t...

  • Vol 44 No 23
  •  21st November 2003

Holding the cash

The President has promised not to stand for re-election: don't hold your breath

  • Vol 44 No 23
  •  21st November 2003

Luanda's money-go-round

Mystery surrounds the 'social bonus fund' set up from proceeds of the oil licence payments from blocks 31-34. Touted as proof that big oil investors could nudge Angola's government towards responsible development spending, the fund should now contain over...

  • Vol 44 No 8
  •  18th April 2003

Win the war, lose the peace

The civil war has ended but economic and political renewal have barely begun

  • Vol 44 No 4
  •  21st February 2003

Beg, borrow and steal

At this critical time for peace, nearly a billion dollars is missing from the foreign reserves

  • Vol 44 No 3
  •  7th February 2003

Is Gato going?

General Paulo Lukamba Gato's announcement that he will not seek nomination as presidential candidate for the União Nacional para a Independência Total de Angola is at odds with recent history. Gato took over as acting leader of UNITA almost i...

  • Vol 43 No 20
  •  11th October 2002

Neutering UNITA

President Dos Santos' ruling MPLA is glad of victory in the war against UNITA but resists other kinds of change

  • Vol 43 No 20
  •  11th October 2002

Clinging to the cash box

For once, donor money may influence Angola's oil-rich leaders. At present, the country receives humanitarian funds, channeled through the United Nations and collected through a consolidated appeal. For 2002, the first target was US$234 million, later revi...

  • Vol 43 No 20
  •  11th October 2002

Going for Glencore

Swiss-based oil and commodities trader Glencore has become entangled in France's Angolagate scandal. Paris sources say an arrest warrant has been issued for one of the company's leading West African oil traders, Frank Destribas.

Displaying 91-100 out of 148 results.