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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 211-220 out of 288 results.

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...


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...


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...


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...


Is Gato going?

General Paulo Lukamba Gato's announcement that he will not seek nomination as presidential candidate for the União Nacional para a Independência Total de Angola is at odds with...


Neutering UNITA

President Dos Santos' ruling MPLA is glad of victory in the war against UNITA but resists other kinds of change

Eight months after the violent death of Jonas Malheiro Savimbi, the oil-financed élite of the ruling Movimento Popular de Libertação de Angola is neutering his União Nacional para...


Clinging to the cash box

For once, donor money may influence Angola's oil-rich leaders. At present, the country receives humanitarian funds, channeled through the United Nations and collected through a consolidated appeal. For...


Going for Glencore

Swiss-based oil and commodities trader Glencore has become entangled in France's Angolagate scandal. Paris sources say an arrest warrant has been issued for one of the company's leading...


Whose peace bonanza?

The oil and diamond boom enriches the party but doesn't feed the people

The view from the presidency at Futungo de Belas is bright. With peace and victory, Angola is on the path to becoming an oil- and gas-fuelled industrial economy...


Displaying 211-220 out of 288 results.