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Population: 36.68m
GDP: $67.4bn
Debt: 52.5% of GDP (2023 forecast)

news from Angola

Category: all

Found 281 articles.

Displaying 121-130 out of 281 results.

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...

Throwing out the neighbours

A spree of mutual expulsions disguises long-standing economic disputes

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 fr...

Costly payment delays

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 the t...

Displaying 121-130 out of 281 results.