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Angola
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.
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)
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.
19 December 2018
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.
03 December 2018
New cable provides Angola a window on the world
The South Atlantic Cable System (SACS) was completed in September, making it the first fibre submarine cable between Africa and the Americas. Running from Fortaleza in north-eastern Brazil to Sangano in Angola it should encourage the Angolan government to press ahead with the reform of its own telecoms sector, which remains underdeveloped in comparison with most other countries in Sub-Saharan Africa.
21 November 2018
2019 “Moment of Truth” for Lourenço to revive Angola
The year of 2019 will be critical for Angola, as it aims to recover from three years of economic decline, and for its new president Joao Lourenco. Many players, foreign and domestic, are impatient for improvement.
30 October 2018
African fallout from Lava Jacto
The wide ranging corruption scandal tore the Brazilian political and business community asunder and its effects will be felt for many years to come. The fallout from the crisis has been felt in many other parts of the world, not least in the African Lusophone states.
16 October 2018
Luanda looks to regional trade
The government of Angola has announced that it will finally join the Southern African Development Community (SADC) free trade zone next year.
10 October 2018
Angola facilitates small-scale trade with neighbours
Angola has introduced new legislation to facilitate small-scale cross-border trade with neighbouring countries, such as the Democratic Republic of Congo or Namibia, in agricultural and industrial goods.
09 October 2018
Angolan government prepares privatization of railways
Because of its tight financial situation, the Angolan government has decided on partial privatisation of three major railway routes.
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