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Angola

Angola

Population: 29.78 mn.
GDP: $124.21 bn.
Debt: $37.2 bn.

news from Angola

Category: all

Found 263 articles.

Displaying 1-10 out of 263 results.

Lourenço faces the crunch

The campaign to recover loot is popular, and the IMF is supportive, but the numbers are terrible

The pursuit by investigative journalists and Luanda's prosecutors of Isabel dos Santos offers a temporary distraction from the country's economic meltdown. Enthusiasm to see Isabel...


The fight over the missing billions goes global

The Lourenço government expands its search for stolen assets, launching an international campaign against the Dos Santos clan

In what is set to be a gargantuan legal battle stretching over many years, the government of President João Lourenço is stepping up action to recover several billion dollars in ass...


Lourenço woos New York elite

Under pressure from falling revenues, mounting debt and high expectations, the President pledges radical change

With sweeping promises of a multi-billion-dollar privatisation programme, including the state oil company Sonangol, President João Lourenço attracted top diplomats and business peo...


Sonangol's head rolls

The state oil company’s chair took the blame for chronic fuel shortages but there are deeper currents at work

The sacking of Sonangol chair Carlos Saturnino Guerra Sousa e Oliveira on 8 May is a deeply political affair, according to sources in Luanda. Saturnino replaced the billionaire Isa...


Goodbye to all that

President Lourenço’s long honeymoon will come to an end as public focus shifts to the economy

João Lourenço will consolidate his power in 2019, cashing in on his popularity and position as President of both the country and the ruling Movimento Popular de Liber...


Discontent takes wing

High opinions of the President are crashing to Earth amid accusations of favouritism, ineptitude and luxurious living at public expense

President João Lourenço excited Angolans with a high-profile anti-corruption campaign that targeted the extended family of former President José Eduardo dos Santos, but now crack...


Obrigado e tchau, Dos Santos

The old ruling clan faces ignominy but new President Lourenço's team has little time to establish credibility and change policy course

As his family's business interests shrink and his political supporters decamp, José Eduardo dos Santos is set to lose the last redoubt of the empire he built over 38 years – the pr...

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Dos Santos clan targeted

The President is dismantling the power of the former first family but there is a thirst for the clean-up to go further

It took less than two months in office for President João Lourenço to take a direct swipe at Isabel dos Santos, Africa's richest woman and the daughter of his predecessor, José Ed...


Displaying 1-10 out of 263 results.