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Vol 6 (AAC) No 2

Published 1st December 2012

China Sonangol shows its hand

Under the leadership of Chief Executive Officer Alain Fanaie, the former head of infrastructure and commodities at France’s Crédit Agricole, China Sonangol is making moves towards transparency. In November, the company published an up-to-date list of its business interests. However, CS and its parent company, the China International Fund, have signed controversial deals in Angola, Guinea, Madagascar, Mozambique and Zimbabwe and a relative opacity still surrounds its operations and those of the CIF

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