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Angola

Angola

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

news from Angola

Category: all

Found 260 articles.

Displaying 111-120 out of 260 results.

Sonangol goes international

The state-owned oil company is expanding and forming new partnerships, but the new focus is gas development, with tax incentives for exploration

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'...


Jobs and votes

President Dos Santos is certain of victory, whether the postponed elections are held this year or next

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,...


The cement boom

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 Mi...


An offshore imbroglio

The two countries set up a joint commission to resolve long-standing border rows

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...


Oil ballot

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 Organisatio...


The faces behind the funds

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 purc...


How the Sino-Angolan alliance works

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...


Luanda diversifies its portfolio

A weak economy drives Angola into the arms of the IMF as Luanda's elite works more closely with their Chinese counterparts in local and regional deals

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....


The Luanda-Beijing axis targets Guinea

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...


Displaying 111-120 out of 260 results.