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Angola

Angola

Population: 37.89m
GDP: $92.12bn
Debt: 70.3% of GDP (2024)

news from Angola

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Found 283 articles.

Displaying 131-140 out of 283 results.

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...


A twist in the Thales

French defence company Thales has won US$150 million of business in Angola in partnership with Manuel Vicente, Chairman and Chief Executive of state oil company Sonangol, and Migue...


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...


Displaying 131-140 out of 283 results.