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C

25 January 2019

Cabo Verde government takes over biggest bank

The government of Cabo Verde has taken a majority stake in the country’s largest bank, Caixa Económica de Cabo Verde (CECV), and the company that was previously its largest shareholder has sold its entire holding.

N

22 January 2019

New beginnings for Angolan port projects

Angola’s President João Lourenço has turned his attention to the port sector, both in an effort to assert his authority politically and also to improve the ports themselves. Angola has four main existing and planned ports running north to south: Caio in Cabinda, Luanda and the associated planned port of Barra do Dande, Lobito and Namibe, but Luanda is currently by far the most important.

G

16 January 2019

Greater Bay Area plan to be announced in February

Beijing has approved a much-awaited blueprint to create an IT-led economic powerhouse in southern China after ironing out intricate competition and technical issues, and will unveil it in late February

I

16 January 2019

IMF adds to Angola´s external credibility, but brings price hike concerns

The new Angolan government´s effort to boost Angola´s image as a foreign investment destination will be assisted by the new Extended Credit Facility  (ECF) between the country and IMF, but for companies and the population some of the policies agreed will mean worrisome price hikes.

M

10 January 2019

Mozambique looks for LNG financing despite market scepticism

In recent weeks, the government of Mozambique has been involved in intense negotiations with seven countries to secure funding for one of its largest natural gas projects and overcome scepticism about whether it will honour its debt commitments.

C

08 January 2019

Central bank talks the talk on Angolan bank reform

Two Angolan banks had their licences revoked on 2 January after missing the 31 December deadline to meet new capital requirements imposed by the National Bank of Angola (BNA)

R

03 January 2019

Reform at last for Angolan oil

The Angolan government appears determined to reform oil company Sonangol in an effort to reverse the country’s declining oil fortunes.

D

28 December 2018

Dili takes control of Greater Sunrise project in huge gamble

The fate of the Greater Sunrise gas project in Timor-Leste hangs in the balance after two of the main investors pulled out, selling their equity shares to the government of Timor-Leste. This gives Dili much greater control of the scheme, allowing it to demand that the planned liquefied natural gas (LNG) plant is built on its territory rather than in Australia.

P

22 December 2018

Profile: Jorge Bom Jesus

The new prime minister of São Tomé and Principe, Jorge Bom Jesus is considered an intellectual and pedagogue in absolute contrast with that of hispredecessor, Patrice Émery Trovoada, the country's biggest businessman.

Profile: Carlos Saturnino

Against a backdrop of falling oil production, volatile oil prices and the national oil company's high, Carlos Saturnino has become the face of the country´s effort to keep Angola attractive for energy multinationals.
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