Angola

The two big neighbours have been busily expelling each others' nationals and the resulting tension hides their disagreements about oil, diamonds and the hoped-for electric power from a...

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...

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...

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...

Undaunted by the collapse of the international oil and gas market, Luanda's state-owned oil company Sonangol is setting its international sights ever higher. On the back of Angola's...

Although Angola’s presidential election is to be postponed until 2010, the dominant Movimento Popular de Libertação de Angola (MPLA) has abandoned its plans for indirect elections, in which...

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...

Grievances have arisen between Angola and Congo-Kinshasa about their borders - offshore and onshore. Kinshasa's Prime Minister Adolphe Muzito and ministers Célestin Mbuyu (Interior), Alexis Thambwe Mwamba ...

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...

The business people, politicians and state officials behind the China International Fund (CIF) and China Sonangol International (CSI) entered the public eye in 2008 with the purchase of the publicly traded...

The China International Fund (CIF) was born in the aftermath of Angola's civil war as the Luanda government embarked on Africa's costliest post-war reconstruction, fuelled by oil, gas and mineral resources....

China's relations with Angola suffered a setback this month when Luanda turned down the acquisition by China National Offshore Oil Corporation and Sinopec of a coveted oil block. Worse, lower than...

Guinea's military ruler Moussa Dadis Camara set up a commission on 28 August to manage a planned US$1.6 billion investment from the China International Fund. The CIF is 70% owned...

The combination of lower world oil prices, tighter credit and production cuts has increased Luanda's reliance on its countertrade credits with China. As Angola holds the presidency of the Organisation of...

Angola has maintained its status as China's biggest trading partner in Africa - with trade volumes between the two countries reaching US$25.3 billion in 2008 - according to Beijing's Minister of...