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Angola
31 October 2019

Angola Alert: local currency to continue losing value
The value of Angola’s currency, the kwanza, has more than halved, since the central bank implemented a floating exchange rate regime as part of its macroeconomic stabilisation programme in January 2018. Nearly two years on, the kwanza continues to slide and is expected to maintain its downward trend.
26 September 2019

China in the Backdrop, as European Union Forges New Alliance with Africa
A new alliance agreement between Europe and Africa will level the playing field for them in African countries after complaints that Chinese official credit lines make them less competitive vis-a-vis Chinese counterparts in African countries.
19 September 2019

African governments take the fishing bait
The governments of coastal states across Africa have complained about the impact of unregulated and unlicensed fishing on local fish populations. Fish stocks in other parts of the world have crashed and now many industrial scale vessels have moved into African waters.
17 September 2019

Insecurity and bribe demands plague Chinese businesses in Angola
Amid one of the most serious economic crises of its history, Angola’s government is looking at every major economy for investors. Being Angola’s major creditor for over a decade, China is, naturally, one of the main targets.
20 August 2019

Angola to sell stakes in JV with China International Fund
The biggest privatisation programme Angola has ever seen – and likely one of the largest in Africa – will begin this year, involving some of the country’s most important companies.
08 August 2019

Deforestation and illegal Chinese logging in Angola
In May, research by NGO Greenpeace stated that Chinese companies are the main culprits in illegal logging in the Congo Basin, including Angola. China is the main market for African timber, whether cut illegally or legally.
05 July 2019

Clouds over Angola’s IMF programme
With the Angolan president making public claims about the need to restructure Chinese loans, the most sizeable in the country’s foreign debt ‘mix’, the International Monetary Fund has come in with a US$3.7 billion credit, under an Extended Fund Facility programme.
24 June 2019

Angola begins nationalisation of assets acquired with public funds
After months of investigations into the acquisitions, made by members of the political and military elite over the last few years, of assets from the state or using state funds, Angola has finally kicked off a nationalisation process that is set to agitate political and business circles.
29 May 2019

Sonangol runs out of fuel
For a country eagerly promoting itself abroad as an investment destination, Angola suffered a significant embarrassment with a disruption of fuel supply in the beginning of May.
10 April 2019

Seven factories to be sold at the launch of Angola´s privatization program
Banks, stakes in oil wells and  agricultural farms, among others, are to be sold under Angola´s upcoming privatization program.
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