Vol 49 No 6 | ANGOLA Stash the cash 14th March 2008 Angola's decision to set up its own sovereign wealth fund, as Africa Confidential recently reported (AC Vol 49 No 3), is only part of the picture. Fernando Ulrich, Chief Executive ...
Vol 49 No 6 | ANGOLA First clean up, then list 14th March 2008 Sonangol intends to list its shares on the New York Stock Exchange by 2010, according to Chief Executive Manuel Vicente. In February 2006, he mentioned this intention, adding that...
Vol 49 No 3 | ANGOLA Wealthy sovereigns 1st February 2008 The establishment of an Angolan sovereign wealth fund is generating huge interest, not least because its operations and objectives have so far been shrouded in secrecy. We underst...
Vol 1 (AAC) No 11 | ANGOLAJAPAN Tokyo eyes the sparklers 3rd November 2008 Japanese trainers are to help develop the skills of Angolan workers in the diamond industry As long as it lasts, the diamond boom may help Japanese companies. They are well placed to take advantage of the decision by state diamond company Endiama that more than half of ...
Vol 1 (AAC) No 10 | ANGOLATANZANIACHINA Flying higher 3rd November 2008 Chinese investors are to rescue Tanzania's state-owned airline and rennovate Julius Nyerere International Airport Talks on a complex three-party investment deal between China and Angola and the ailing Air Tanzania Company are nearing conclusion, officials have confirmed in Dar es Salaam. The ...
Vol 1 (AAC) No 9 | ANGOLACHINA The trains don't run on time 6th November 2008 Angola's infrastructure is being given a makeover by Beijing Relations between Angola and China are steaming ahead, despite the wishful thinking of some Western diplomats. China's Prime Minister Wen Jiabao visited Luanda on 23 June and s...
Vol 1 (AAC) No 7 | ANGOLACHINA No oil guarantees 7th November 2008 New Chinese investment in Angola has a note of risk attached Angola and China are to set up a'new model partnership'. This will involve the'sharing of risks' and will'complement existing models', said Gao Jian, Vice-Governor of the China D...
Vol 1 (AAC) No 3 | ANGOLACHINA Coming cleanish on the money 30th October 2008 New details are emerging about Angola’s public finances and the management of the mega-credit lines from Angola Angola's Finance Ministry has strengthened its policy to promote greater transparency in public finances, with the disclosure of new details about Chinese credit lines that suppo...
Vol 1 (AAC) No 1 | ANGOLACHINA Big oil, high stakes 23rd October 2008 Luanda is Beijing’s closest ally in Africa but mystery surrounds the role of Chinese companies in rebuilding the country Beijing may try to stay out of African politics but the rivalries among Angola’s elite leave its diplomats little choice. The latest row over China’s US$6 billion cr...