Vol 45 No 25 | ANGOLA Boom boom, China's coming 17th December 2004 Production is soaring, prices are up and Luanda is finding new friends With all the world betting on high oil prices, Angola's post-war economy is set to boom and to boost its soaring trade with China. The Finance Ministry credibly forecasts growth of...
Vol 45 No 24 | ANGOLA Election, what election? 3rd December 2004 With money and political dominance, the MPLA isn't rushing to the polls After the war, democracy and prosperity. That was the mantra during three decades of war between the MPLA and UNITA. The reality is different. The victorious Movimento Popular de L...
Vol 45 No 24 | ANGOLA There's money in reconstruction, if you have friends 3rd December 2004 In the multi-million dollar post-war reconstruction business, the competition - political as well as commercial - is stiff. Job Capapinha has been brought in to replace Higino Carn...
Vol 45 No 22 | ANGOLA Green light 5th November 2004 Donors will give Angola the benefit of the doubt and hold a pledging conference next year. On 15 October in Luanda, Karel de Gucht, Belgian Foreign Minister, said Belgium was prepa...
Vol 45 No 2 | ANGOLA Black gold flows 23rd January 2004 If the powerful can get their hands on oil money, why bother about reform? Economic prospects are booming in post-war Angola but only for those in the oil industry and the tiny minority who get oil money. Three big new oil-fields will be producing by the ...
Vol 45 No 2 | ANGOLA From Russia with debt 23rd January 2004 One of Angola's murkier debt deals was an intricate agreement for rescheduling US$5 billion owed, mostly since the Cold War, to Russia. After hefty repayments, the then Finance Min...
Vol 44 No 23 | ANGOLA Holding the cash 21st November 2003 The President has promised not to stand for re-election: don't hold your breath Big questions are meant to be settled when the ruling Movimento Popular de Libertação de Angola (MPLA) holds its congress in Luanda on 6-10 December (AC Vol 44 No 8)....
Vol 44 No 23 | ANGOLA Luanda's money-go-round 21st November 2003 Mystery surrounds the 'social bonus fund' set up from proceeds of the oil licence payments from blocks 31-34. Touted as proof that big oil investors could nudge Angola's government...
Vol 44 No 8 | ANGOLA Win the war, lose the peace 18th April 2003 The civil war has ended but economic and political renewal have barely begun A year after the fighting ended, war-ravaged Angola is on hold. The most pressing issues, such as resettling and rehabilitating more than three million civilians displaced by four ...
Vol 44 No 4 | ANGOLA Beg, borrow and steal 21st February 2003 At this critical time for peace, nearly a billion dollars is missing from the foreign reserves Angola, a hoped-for oil ally of the United States and with a seat on the United Nations Security Council this year, should be doing well (AC Vol 44 No 1). Its civil war ended last ...