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With a currency crisis deepening, and COVID-19-related restrictions forcing millions deeper into poverty and malnutrition, unease is growing within and outside the ZANU-PF…
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DOI: 10.1108/OXAN-DB253191
ISSN: 2633-304X
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Mozambican cabinet reshuffle.
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DOI: 10.1108/OXAN-DB227734
ISSN: 2633-304X
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The downward revisions come amid a recent debilitating fuel crisis, with state-owned oil company Sonangol unable to distribute fuel. In response, President Joao Lourenco on May 8…
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DOI: 10.1108/OXAN-DB243974
ISSN: 2633-304X
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Various restrictions are being eased, and parts of the economy gradually reopened, although a sanitary cordon around Luanda remains. Angola has 73 confirmed COVID-19 cases…
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DOI: 10.1108/OXAN-DB252879
ISSN: 2633-304X
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More than two years of structurally lower oil prices have exposed the nature of the sector’s lending practices, which have been partially obscured by the industry’s rapid growth…
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DOI: 10.1108/OXAN-DB217855
ISSN: 2633-304X
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Meanwhile, a recent court decision surrounding a long-running debt scandal will make it more difficult for Maputo to secure external budgetary support and ensure that state-owned…
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DOI: 10.1108/OXAN-DB253722
ISSN: 2633-304X
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ANGOLA: Economic reforms could gain wider momentum
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DOI: 10.1108/OXAN-ES240538
ISSN: 2633-304X
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As Mozambique’s government struggles to deal with an ongoing controversy over 2 billion dollars in secret loans and unpaid debts, the government hopes new gas investments and the…
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DOI: 10.1108/OXAN-DB218563
ISSN: 2633-304X
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Zambian debt crisis.
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DOI: 10.1108/OXAN-DB240265
ISSN: 2633-304X
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Since the abandonment of the multi-currency regime in June, the new Zimbabwe dollar has lost almost 60% of its value relative to the US dollar. The parallel market for foreign…