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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 31-40 out of 148 results.

  • Vol 50 No 22
  •  6th November 2009

Throwing out the neighbours

A spree of mutual expulsions disguises long-standing economic disputes

  • Vol 50 No 21
  •  23rd October 2009

Costly payment delays

On 29 September, the International Monetary Fund loaned Angola US$890 million instead of the $2 billion Luanda had asked for. The government says that the country has reached the turning point after the economic crisis, but business is still cautious, not...

  • Vol 50 No 19
  •  25th September 2009

A twist in the Thales

French defence company Thales has won US$150 million of business in Angola in partnership with Manuel Vicente, Chairman and Chief Executive of state oil company Sonangol, and Miguel da Costa, Angola's Ambassador in Paris. Angolan law bars the manager of a...

  • Vol 50 No 16
  •  7th August 2009

Vicente's Portuguese links

Foreign oil companies are looking closely at the links between Sonangol Chairman Manuel Vicente's holdings in the Banco de Investimento Global and the spate of contracts awarded by Angola's state oil company to Portuguese companies. Vicente, company recor...

  • Vol 50 No 14
  •  10th July 2009

Sonangol goes international

The state-owned oil company is expanding and forming new partnerships, but the new focus is gas development, with tax incentives for exploration

  • Vol 50 No 12
  •  12th June 2009

Jobs and votes

President Dos Santos is certain of victory, whether the postponed elections are held this year or next

  • Vol 50 No 11
  •  29th May 2009

The cement boom

In both Angola and Congo-Kinshasa, public works produce surprising profits for well-connected cement producers, but an oil-fired building boom requires a lot of cement. Angola's Minister of Public Works, General Francisco Higino Lopes Carneiro, said in la...

  • Vol 50 No 9
  •  1st May 2009

An offshore imbroglio

The two countries set up a joint commission to resolve long-standing border rows

  • Vol 50 No 3
  •  6th February 2009

Oil ballot

A rapidly deteriorating economy could push President José Eduardo dos Santos to delay this year's presidential election until 2010. Oil production cuts, demanded by the Organisation of Petroleum Exporting Countries, combined with oil prices falling from U...

  • Vol 49 No 23
  •  14th November 2008

Anonymous commerce

Suspicion hangs over Norway's oil major Statoil Hydro after an internal audit published last month flagged as suspicious a joint venture with a mystery Angolan company, signed in September 2006. Angola's state oil company Sonangol operates offshore Block ...

Displaying 31-40 out of 148 results.