Angola

Angola

Population: 18.5 million
GDP: $69700 million
Debt: $12.2% of GDP
Overview:

President José Eduardo dos Santos has delayed presidential elections until atleast 2012 while his ruling MPLA crafts a new constitution and waits for new oil fields to come on stream and fund more reconstruction projects.

Angola Country Report



news from Angola

Category: all

Found 121 articles.

Displaying 71-80 out of 121 results.

  • Vol 44 No 23
  • 21/11/2003

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
  • 18/04/2003

Win the war, lose the peace

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

  • Vol 44 No 4
  • 21/02/2003

Beg, borrow and steal

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

  • Vol 44 No 3
  • 07/02/2003

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
  • 11/10/2002

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
  • 11/10/2002

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
  • 11/10/2002

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.

  • Vol 43 No 12
  • 14/06/2002

Whose peace bonanza?

The oil and diamond boom enriches the party but doesn't feed the people

  • Vol 43 No 12
  • 14/06/2002

Banking on the donors

Now the war is over, Angola hopes to hoover up easy money from donors, who pledged up to US$1 billion at a round table conference in 1995 after the signing of the Lusaka peace accords (which then failed). Angola hopes to organise a donor conference in Oct...

  • Vol 43 No 8
  • 19/04/2002

An edited peace

Quick moves to a ceasefire; much slower ones on political and economic reforms

Displaying 71-80 out of 121 results.