Angola

Since José Eduardo dos Santos stood down as Angola’s president in September 2017, smoothing the way for a power transition to João Lourenço, the country’s economic policy has shifted [...]

According to the African Development Bank’s economic outlook report, Angola’s oil driven economy has been in recession since 2016, leading to an increase in its debt-to.GDP ratio from 57.1% in [...]

A Portuguese court has ordered that €83 million syphoned from Angola’s State oil company Sonangol into a company owned by Isabel dos Santos, should be returned. The money had been seized from a [...]

www.cedesa.pt Angola’s foreign exchange policy has just undergone one of the most significant changes in recent times, in line with one of the main policies advocated by the Angolan government, [...]

www.cedesa.pt The transition to clean energy needed to avert the worst effects of climate change could trigger an unprecedented demand for metals in the coming decades, requiring up to 3 billion [...]

A quarter of debts owed to Portuguese companies in Angola by Angolan public companies is still outstanding. This is according to the AICEP delegation in Luanda (the Portuguese overseas trade and [...]

The former president of BES Angola, Álvaro Sobrinho stashed over €188 million in the Swiss wealth management company Akoya in which he was a shareholder. According to Correio da Manhã, the banker [...]

Angola’s new strategic partners: Spain and Turkey By CEDESA Two recent intense diplomatic exchanges at the highest level point to the emergence of new strategic partnerships for Angola. In [...]

The British consultancy Capital Economics predicts that the Angolan economy will grow 1.3% this year, lifting the large Portuguese speaking African country out of recession for the first time in [...]

A major anti-corruption drive was one of the main policy goals at the start of João Lourenço’s presidential term (2017). Beyond the anti-corruption rhetoric since the drive began, the [...]