Vol 2 (AAC) No 12 | ANGOLAGUINEACHINA The faces behind the funds 19th October 2009 The business people, politicians and state officials behind the China International Fund (CIF) and China Sonangol International (CSI) entered the public eye in 2008 with the purchase of the publicly traded...
Vol 2 (AAC) No 12 | ANGOLAGUINEACHINA How the Sino-Angolan alliance works 19th October 2009 The China International Fund (CIF) was born in the aftermath of Angola's civil war as the Luanda government embarked on Africa's costliest post-war reconstruction, fuelled by oil, gas and mineral resources....
Vol 2 (AAC) No 11 | ANGOLACHINA Luanda diversifies its portfolio 22nd September 2009 A weak economy drives Angola into the arms of the IMF as Luanda's elite works more closely with their Chinese counterparts in local and regional deals China's relations with Angola suffered a setback this month when Luanda turned down the acquisition by China National Offshore Oil Corporation and Sinopec of a coveted oil block. Worse, lower than...
Vol 2 (AAC) No 11 | ANGOLACHINA The Luanda-Beijing axis targets Guinea 22nd September 2009 Guinea's military ruler Moussa Dadis Camara set up a commission on 28 August to manage a planned US$1.6 billion investment from the China International Fund. The CIF is 70% owned...
Vol 2 (AAC) No 7 | ANGOLACHINA Oil, votes and Beijing 22nd May 2009 As Luanda tries to shore up its finances as export revenues tumble, China’s offer of credit becomes more important The combination of lower world oil prices, tighter credit and production cuts has increased Luanda's reliance on its countertrade credits with China. As Angola holds the presidency of the Organisation of...
Vol 2 (AAC) No 4 | ANGOLACHINABRIEFING Best friends again 20th February 2009 Angola has maintained its status as China's biggest trading partner in Africa - with trade volumes between the two countries reaching US$25.3 billion in 2008 - according to Beijing's Minister of...
Vol 49 No 23 | ANGOLANORWAY Anonymous commerce 14th November 2008 Suspicion hangs over Norway's oil major Statoil Hydro after an internal audit published last month flagged as suspicious a joint venture with a mystery Angolan company, signed in...
Vol 49 No 21 | ANGOLABRITAIN Sweet FA 17th October 2008 England’s Football Association (FA) may be interested in the links between Alexandre Gaydamak, the declared owner of Portsmouth Football Club, and arms-dealing companies that have emerged in the...
Vol 49 No 19 | ANGOLA Stand and deliver 19th September 2008 The election has reinforced the MPLA's dominance and emboldened its leaders to promise an economic revolution body>The crushing victory of the ruling Movimento Popular de Libertação de Angola (MPLA) in the parliamentary elections on 5-6 September opens the way for veteran party leader President...
Vol 49 No 19 | ANGOLA The Angolagate trial 19th September 2008 The saga comes to a head in a delicate moment for Franco-Angolan relations The Angolagate arms saga comes to a head on 6 October, when 42 prominent French officials and businessmen face trial in Paris in a delicate moment for Franco-Angolan...