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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 51-60 out of 148 results.

  • Vol 49 No 14
  •  4th July 2008

Daughters and generals

Top of the list of Angola's fat cats is the family of President José Eduardo dos Santos. Its latest visible acquisition, in January, was Channel Two of the public television service Televisão Pública de Angola (TPA), which should come...

  • Vol 49 No 14
  •  4th July 2008

Friends old and new

Angola's coming general elections are followed far beyond its borders. While the country was enmeshed in civil war, oil companies and their governments were the only outsiders who needed to pay much attention. Now it is rich, (fairly) stable and well plac...

  • Vol 49 No 12
  •  6th June 2008

A family business

In April, Sindika Dokolo, a Congo-Kinshasa-born businessman and husband of Isabel dos Santos, daughter of Angolan President José Eduardo dos Santos, was made an administrator of Amorim Energia, registered in the Netherlands and part of Portugal’s Amorim g...

  • Vol 49 No 8
  •  11th April 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 Ga...

  • Vol 49 No 6
  •  14th March 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 Ango...

  • Vol 49 No 6
  •  14th March 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 Angolan s...

  • Vol 49 No 3
  •  1st February 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
  •  5th October 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 year.

  • Vol 48 No 18
  •  7th September 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
  •  20th July 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 hum...

Displaying 51-60 out of 148 results.