19 February 2020
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
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.
06 February 2020
Despite multiple attempts by the Mozambique government to defeat the Islamist insurgency in Cabo Delgado province, security conditions have continued to worsen, with ISIS now claiming to have inflicted casualties among the military and seized armoured vehicles.
02 January 2020
03 December 2019
27 November 2019
Armed insurgents have again reached the vicinity of the site of the liquid natural gas project in the northern Mozambican province of Cabo Delgado, contradicting previous claims by the country’s Defence Ministry that counter-terrorist operations have been successful.
São Tomé and Príncipe
21 November 2019
As the government of São Tomé and Príncipe submits its 2020 budget, internal and external risks for the country mount. According to an IMF assessment, looming risks include fiscal policy slippages and political strife. Existing support from China is expected to remain steady.
14 November 2019
Guinea-Bissau's political turmoil reach new heights, with the nation on the verge of a military coup in the run-up of the presidential election — companies from China and other countries look closely at what the political stalemate's end might mean for business opportunities, including oil exploration.