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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 101-110 out of 263 results.

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 ...


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 ...


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, ...


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 ...


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 201...


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, Fi...


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 ...


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 no-confidence by President Jos...


Displaying 101-110 out of 263 results.