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Angola
10 March 2020

Puma Energy and Angolan general go separate ways
Cochan Holdings, an investment vehicle founded by influential Angolan General Leopoldino do Nascimento (‘General Dino’), is leaving the capital of Singapore-based oil trading company Puma Energy Holdings Pte Ltd.
04 March 2020

Angola Legal Flash: New rules for foreign exchange operations by foreign residents
The National Bank of Angola (BNA) Notice no. 15/19, published 30 December 2019, defines new procedures for foreign exchange operations carried out by non-residents.
03 March 2020

China’s successful experience in agriculture in Mozambique demonstrates importance of partnerships and “patience”
Public-private partnerships and “patience” essential ingredients for projects involving partners from China in Mozambique.
26 February 2020

Chinese ambassador in Luanda defends Chinese cooperation model from US criticism
With the US-China rivalry in African business reaching new heights, Angola has found itself at the centre of the economic diplomacy dispute.
19 February 2020

China International Fund continues to unravel in Angola
China International Fund (CIF) was synonymous with large-scale Chinese investment in Angolan housing, roads and railways prior to Sam Pa's 2015 arrest. Under the new administration of President João Lourenço, since 2017, the CIF “empire” has unravelled.
13 February 2020

Coronavirus “contagion” for the Angolan economy
Despite substantial reforms to attract investment, which have already reflected in an improvement in the global corruption perception index, the Angolan economy is still in negative territory. Heavy reliance on oil exports means Angola’s GDP is highly exposed to “contagion” from the effects of the coronavirus crisis in China.
02 January 2020

Outlook for Angola worsens
In its latest evaluation of the Angolan economy, the IMF points to a deteriorating economic scenario expecting the economy to fall by 1.1% in 2019, due to a further decrease in the oil economy (-5.0%), not compensated by the largely stagnant non-oil economy (+0.6%).
11 December 2019

New rules for public-private partnerships in Angola
Investment promotion is central to Angola’s efforts to boost economic growth after three years of recession. The solution may be public-private partnerships, which now have established guidelines.
03 December 2019

Diamond exports take a hit in Angola, along with oil
Angola has been in a prolonged recession since 2014, with oil production declining and oil prices subdued. Independent analysts expect this recession to continue, but now Angola’s second export – diamonds – is also taking a hit.
28 November 2019

China’s Exim Bank partners with Morocco’s Attijariwafa Bank for African expansion
A new partnership agreement between China's Exim Bank and Attijariwafa Bank from Morocco, is set to align two key financial institutions in both countries in the common goal of boosting business ties and their economic presence in Africa.
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