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Angola Country Report
news from Angola
Category: all
Found 121 articles.
- Vol 49 No 8
- 11/04/2008
Gaydamak goes
Questions surround the resignation of President José Eduardo dos Santos's confidant, special consultant and billionaire Arkady Gaydamak, on 6 April, as well as the fate of Gaydamak's diplomatic passport. The Angolan diplomatic passport has given...
- Vol 49 No 6
- 14/03/2008
Stash the cash
Angola's decision to set up its own sovereign wealth fund, as Africa Confidential recently reported (AC Vol 49 No 3), is only part of the picture. Fernando Ulrich, Chief Executive of the Banco Português de Investimento, remarked in January that ...
- Vol 49 No 6
- 14/03/2008
First clean up, then list
Sonangol intends to list its shares on the New York Stock Exchange by 2010, according to Chief Executive Manuel Vicente. In February 2006, he mentioned this intention, adding that some of Sonangol's subsidiaries would also be listed on a future Angol...
- Vol 49 No 3
- 01/02/2008
Wealthy sovereigns
The establishment of an Angolan sovereign wealth fund is generating huge interest, not least because its operations and objectives have so far been shrouded in secrecy. We understand that the fund is to be run out of the Banco Nacional de Angola under th...
- Vol 48 No 20
- 05/10/2007
Surfing the surge
The start-up of British Petroleum's 200,000 barrels per day Plutônio deep-water field this week marks the latest of the multi-billion dollar projects that will increase Angola's output from about 1.8 million bpd to 2 mn. bpd by the end of next y...
- Vol 48 No 18
- 07/09/2007
No ode to joy
Plans for Germany to extend an oil-backed US$1 billion credit facility to President José Eduardo dos Santos' government have hit problems.
- Vol 48 No 15
- 20/07/2007
Mugging Miala
The detention of sacked intelligence chief General Fernando Garcia Miala on 13 July points to deepening rivalries within Angola's security services. Miala was sacked in February 2006 but has refused to attend a ceremony (regarded by officers as ritual...
- Vol 48 No 12
- 08/06/2007
Eat the document
Sensational accusations are flying between Pretoria and Luanda as South Africa's presidential race heats up, with frontrunners Jacob Zuma and Tokyo Sexwale both accused of interfering in Angolan politics.
- Vol 48 No 10
- 11/05/2007
Exit Arkady
A quarrel over business spoils seems to lie behind the hasty departure of Russo-Israeli businessman Arkady Gaydamak from Luanda late last month.
- Vol 48 No 8
- 13/04/2007
Going nuclear
A curious article published by the state-owned daily Jornal de Angola in February seems to have escaped attention: a declaration by Science and Technology Minister João Baptista Ngandagina that it might be a good idea for Angola to consider the ...
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