Oil-fired growth is uncomfortable, and benefits only a few
The ports, the roads and the telephone networks are jammed full. Angola's economy is speeding ahead. Some experts think a slowdown is coming, but the price of oil keeps rising, inv...
A six-month ban on broadcasts by Radio Despertar, the voice of the opposition União Nacional para a Independência Total de Angola, was imposed on 8 July by the Ministr...
Vol 49 No 14 |
- ANGOLA
- ANALYSIS
The ruling party looks set to win again at the parliamentary
elections which are due to be held in September. Strikingly, nearly
one in five Angolans belongs to the governing party, the MPLA.
Nevertheless, voters will expect it to explain why the general
public has not benefited from the vast wealth that is arriving
as Angola takes over from Nigeria as Africa's leading oil producer.
In power since 1992, the Movimento Popular de Libertação de Angola is at least sure of its ability to deliver peaceful polls. Even the main opposition party (the MPLA...
Top of the list of Angola's fat cats is the family of President José Eduardo dos Santos. Its latest visible acquisition, in January, was Channel Two of the public television...
Angola's coming general elections are followed far beyond its borders. While the country was enmeshed in civil war, oil companies and their governments were the only outsiders who ...
In April, Sindika Dokolo, a Congo-Kinshasa-born businessman and husband of Isabel dos Santos, daughter of Angolan President José Eduardo dos Santos, was made an administrator of Am...
Questions surround the resignation of President José Eduardo dos Santos's confidant, special consultant and billionaire Arkady Gaydamak, on 6 April, as well as the fate of G...
Angola's decision to set up its own sovereign wealth fund, as Africa Confidential recently reported (AC Vol 49 No 3), is only part of the picture. Fernando Ulrich, Chief Executive ...
Sonangol intends to list its shares on the New York Stock Exchange by 2010, according to Chief Executive Manuel Vicente. In February 2006, he mentioned this intention, adding that...
The establishment of an Angolan sovereign wealth fund is generating huge interest, not least because its operations and objectives have so far been shrouded in secrecy. We underst...
