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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 201-210 out of 283 results.

Boom boom, China's coming

Production is soaring, prices are up and Luanda is finding new friends

With all the world betting on high oil prices, Angola's post-war economy is set to boom and to boost its soaring trade with China. The Finance Ministry credibly forecasts growth of...


Election, what election?

With money and political dominance, the MPLA isn't rushing to the polls

After the war, democracy and prosperity. That was the mantra during three decades of war between the MPLA and UNITA. The reality is different. The victorious Movimento Popular de L...


Green light

Donors will give Angola the benefit of the doubt and hold a pledging conference next year. On 15 October in Luanda, Karel de Gucht, Belgian Foreign Minister, said Belgium was prepa...


Black gold flows

If the powerful can get their hands on oil money, why bother about reform?

Economic prospects are booming in post-war Angola but only for those in the oil industry and the tiny minority who get oil money. Three big new oil-fields will be producing by the ...


From Russia with debt

One of Angola's murkier debt deals was an intricate agreement for rescheduling US$5 billion owed, mostly since the Cold War, to Russia. After hefty repayments, the then Finance Min...


Holding the cash

The President has promised not to stand for re-election: don't hold your breath

Big questions are meant to be settled when the ruling Movimento Popular de Libertação de Angola (MPLA) holds its congress in Luanda on 6-10 December (AC Vol 44 No 8)....


Luanda's money-go-round

Mystery surrounds the 'social bonus fund' set up from proceeds of the oil licence payments from blocks 31-34. Touted as proof that big oil investors could nudge Angola's government...


Win the war, lose the peace

The civil war has ended but economic and political renewal have barely begun

A year after the fighting ended, war-ravaged Angola is on hold. The most pressing issues, such as resettling and rehabilitating more than three million civilians displaced by four ...


Beg, borrow and steal

At this critical time for peace, nearly a billion dollars is missing from the foreign reserves

Angola, a hoped-for oil ally of the United States and with a seat on the United Nations Security Council this year, should be doing well (AC Vol 44 No 1). Its civil war ended last ...


Displaying 201-210 out of 283 results.