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Angola

Angola

Population: 38.25m
GDP: $113.2bn
Debt: 70.3% of GDP (2024)

news from Angola

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Found 288 articles.

Displaying 161-170 out of 288 results.

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...


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,...


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,...


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...


Tokyo eyes the sparklers

Japanese trainers are to help develop the skills of Angolan workers in the diamond industry

As long as it lasts, the diamond boom may help Japanese companies. They are well placed to take advantage of the decision by state diamond company Endiama that more than...


Flying higher

Chinese investors are to rescue Tanzania's state-owned airline and rennovate Julius Nyerere International Airport

Talks on a complex three-party investment deal between China and Angola and the ailing Air Tanzania Company are nearing conclusion, officials have confirmed in Dar es Salaam. The aim...


Displaying 161-170 out of 288 results.