Jump to navigation

Angola

Angola

Population: 28.81 mn.
GDP: $95.33 bn.
Debt: 35 bn.

news from Angola

Category: all

Found 257 articles.

Displaying 111-120 out of 257 results.

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...


Oil, votes and Beijing

As Luanda tries to shore up its finances as export revenues tumble, China’s offer of credit becomes more important

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 presiden...


Best friends again

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 Beiji...


Anonymous commerce

Suspicion hangs over Norway's oil major Statoil Hydro after an internal audit published last month flagged as suspicious a joint venture with a mystery Angolan company, signed in S...


Displaying 111-120 out of 257 results.