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Angola

Angola

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

news from Angola

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Found 284 articles.

Displaying 21-30 out of 284 results.

Lourenço faces the crunch

The campaign to recover loot is popular, and the IMF is supportive, but the numbers are terrible

The pursuit by investigative journalists and Luanda's prosecutors of Isabel dos Santos offers a temporary distraction from the country's economic meltdown. Enthusiasm to see Isabel dos Santos on...


The fight over the missing billions goes global

The Lourenço government expands its search for stolen assets, launching an international campaign against the Dos Santos clan

In what is set to be a gargantuan legal battle stretching over many years, the government of President João Lourenço is stepping up action to recover several billion...


Lourenço woos New York elite

Under pressure from falling revenues, mounting debt and high expectations, the President pledges radical change

With sweeping promises of a multi-billion-dollar privatisation programme, including the state oil company Sonangol, President João Lourenço attracted top diplomats and business people to the Council on Foreign...


Sonangol's head rolls

The state oil company’s chair took the blame for chronic fuel shortages but there are deeper currents at work

The sacking of Sonangol chair Carlos Saturnino Guerra Sousa e Oliveira on 8 May is a deeply political affair, according to sources in Luanda. Saturnino replaced the billionaire...


Goodbye to all that

President Lourenço’s long honeymoon will come to an end as public focus shifts to the economy

João Lourenço will consolidate his power in 2019, cashing in on his popularity and position as President of both the country and the ruling Movimento Popular de Libertacão...


Discontent takes wing

High opinions of the President are crashing to Earth amid accusations of favouritism, ineptitude and luxurious living at public expense

President João Lourenço excited Angolans with a high-profile anti-corruption campaign that targeted the extended family of former President José Eduardo dos Santos, but now cracks are...


Obrigado e tchau, Dos Santos

The old ruling clan faces ignominy but new President Lourenço's team has little time to establish credibility and change policy course

As his family's business interests shrink and his political supporters decamp, José Eduardo dos Santos is set to lose the last redoubt of the empire he built over...

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Displaying 21-30 out of 284 results.