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Population: 37.89m
GDP: $92.12bn
Debt: 70.3% of GDP (2024)

news from Angola

Category: all

Found 281 articles.

Displaying 71-80 out of 281 results.

The Abalone list

Elísio de Figueiredo has for some years been Angola’s Ambassador ‘Without Portfolio’ to France and is widely regarded as a key presidential ally and dealmaker.

Vicente and China Sonangol

A case brought against Vice-President Manuel Vicente accuses him of breaking the law through his continuing directorship at China Sonangol

Angola's Vice-President Manuel Domingos Vicente is facing demands for his impeachment, following revelations that he secretly renewed his official position on the board of China So...

Sovereign wonga fund

The glitzy launch of the Sovereign Wealth Fund has bedazzled the international financial world, although many of the details are unclear

Amid much fanfare, Luanda formally launched its US$5 billion Fundo Soberano de Angola on 17 October. The Fsdea was formed from the Fundo Petrolifero set up by the government early ...

Luanda buys Mayfair trophy

Despite the ruling party’s election win, criticism is growing of its opaque financial management, including property investments in London

Angola has spent £220 million (US$356 mn.) from funds ostensibly intended for long-term investment in the national infrastructure on a ‘trophy’ property in Mayfair, London. Plaza G...

Opposition claims dismissed

Petitions accusing the government of systematic fraud in the presidential elections have been unceremoniously thrown out by the courts

The Constitutional Court has rejected the challenges by opposition parties claiming fraud during the 31 August elections and has endorsed President José Eduardo dos Santos’s first ...

Four more MPLA years

The election victory was no landslide but the lack of foreign criticism gives Dos Santos enough space to organise a succession on his own terms

The Movimento Popular de Libertação de Angola won the general elections with 72% of the vote after spending more than US$75 million on its campaign. The opposition, which took arou...

Forex windfall test for banks

Oil companies will soon have to process all their supplier payments through the local financial system but will the system be able to cope?

Eight years after it was first proposed, the government is bringing in a law that will force oil companies to pay their suppliers through banks inside Angola. The Law on Foreign Ex...

The MPLA plans a landslide

Amid private jitters at the top, the ruling party is pulling out all the stops to ensure an overwhelming election win

The Movimento Popular de Libertação de Angola (MPLA) is pouring millions into a lavish campaign to ensure overwhelming victory in the general elections on 31 August. The team beh...

The other contestants

After 2008’s electoral drubbing, the União Nacional para a Independência Total de Angola (UNITA) is now far better organised, winning respect for its sustained pressure on the el...

Displaying 71-80 out of 281 results.