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Angola

Angola

Population: 40.7m
GDP: $109.86bn
Debt: 63.2% of GDP (2026 forecast)

news from Angola

Category: all

Found 295 articles.

Displaying 13 results from 2010 (out of 295 total).

Closing the laundries

Angola is considering retaliating against United States' companies and the US Embassy in Luanda over the Bank of America's closure of its Washington Embassy accounts, we hear. It is insisting...


Daylight on Dos Santos

The new constitution offers the President another twelve years in power but breaking with tradition, he is now actively campaigning for election

For the first time in his 31 years in power, Angola’s President, José Eduardo dos Santos, gave a State of the Nation address to the National Assembly in...


At stake: oil, migrants and gemstones

Behind the obligatory shows of unity between the governments of Angola and Congo-Kinshasa lurk serious disagreements over the frontiers dividing the oil fields straddling the two countries, diamond...


Boom-bust all over again

China is offering another mega-loan and oil prices are rising again but Luanda’s short-term finances are fraught

Market reports that negotiations have stalled between the government and Goldman Sachs over a complex, US$250 million, dual currency (United States dollar and Angolan kwanza) loan facility point...


The IMF makes up with Luanda

Prior to the global financial crisis in 2008, many were questioning the International Monetary Fund’s relevance, especially in African countries which were increasingly turning to the international financial...


Sonangol gulps

Sonangol, Angola’s state-owned oil company, could take a controlling stake in Portugal’s Galp oil company as part of its ambitious overseas acquisition strategy. In late February, Sonangol Chairman...


Soccer shooting

President José Eduardo dos Santos's government is arresting human rights activists and claimed sympathisers of the Frente para a Libertação do Enclave de Cabinda-Forças Armadas de Cabinda (FLEC-FAC)....


Football, contracts and then votes

The President would win an election but won’t hold one, while worrying about the neighbours and the African football cup

At the congress of the governing Movimento Popular de Libertação de Angola (MPLA) in December, President José Eduardo dos Santos once more postponed the general elections until 2012...


Luanda's oil lifeline

Economic relations between Luanda and Beijing are getting even closer as Angola struggles with mounting debts while China becomes more dependent on Angolan oil. In mid-August, Finance Minister Carlos Alberto Lopes...


Choose your poison

The shadowy joint venture between Angola's state-owned oil company and the nebulous China International Fund has reached a new stumbling block in its three-year-old pursuit of a major stake in Tanzania's...


Reshuffling Luanda's Beijing connection

As the President rearranges his government and calls for another crackdown on corruption, Beijing’s friends can take nothing for granted

The news that José dos Santos da Silva Ferreira is to head a new super ministry which will oversee Chinese contracts and projects is a strong vote of...


Displaying 13 results from 2010 (out of 295 total).