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Angola
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.
27 March 2019

Angola counting on Asian energy players for new oil exploration licensing rounds
Asian players in the energy sector have gained a substantial foothold in Mozambique´s liquefied natural gas (LNG) projects, but they have been less active in Angola´s oil sector. They are, however, expected to be active in Angola´s new oil exploration licensing rounds, to be launched in the coming months.
21 March 2019

A “shocking” report in Angola could lead to State control of private groups
The long awaited report about assets whose acquisition was supported by financing and guarantees from the Angolan State is finally completed and, in the words of the country´s president, the level of misappropriation found is “shocking and repugnant”.
19 March 2019

Luanda looks to agricultural self-sufficiency
Angola’s President João Lourenço has put reinvigorating the agriculture sector at the heart of his economic strategy. Greater production of a wider range of crops would both reduce the US$3 billion a year that the country spends on food imports and also improve living standards in the rural areas that have missed out on more rapid economic development at the coast.
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