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

news from Angola

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Found 280 articles.

Displaying 151-160 out of 280 results.


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...

Radio Silence

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...

One party rule

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...

Friends old and new

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 ...

Stash the cash

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 ...

First clean up, then list

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...

Wealthy sovereigns

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...

Displaying 151-160 out of 280 results.