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Angola’s Lourenco will try sidelining Isabel

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ANGOLA

Isabel is currently facing fraud and money laundering charges in Angola, while ongoing investigative revelations have prompted various business entities, notably in Portugal, to…

Angolan government will push for oil sector boost

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ANGOLA

This is the first major test of recent legislative and institutional reforms as President Joao Lourenco’s government looks to bring in new players and revitalise the sector. New…

Mozambique gas dividend may offer some fiscal relief

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MOZAMBIQUE

Mozambique economic update.

Angola mounting debt burden raises future default risk

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ANGOLA

The IMF's willingness to turn a blind eye may enable Angola to retain access to concessional finance over the next 18 months; however, Luanda needs a plan to address deferred…

Angola's onshore oil gamble unlikely to pay off

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ANGOLA

A BP project will deliver a temporary production boost when it comes onstream later this year, but Angola needs other foreign energy companies to sanction new greenfield…

Multiple crises threaten Mozambican gas dividends

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MOZAMBIQUE

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…

Business may struggle to ease South Africa’s crises

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SOUTH AFRICA

However, sceptics still doubt whether essentially political problems can be adequately addressed by technocratic inputs alone, without broader reforms to the ANC, the government…

Tanzania’s gas negotiations still have some way to go

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TANZANIA

However, despite the significant publicity given to the deal by the government, it still falls short of an overarching host government agreement (HGA). The deadline for this has…

Mozambican government will maintain bunker mentality

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MOZAMBIQUE

While the Mozambican authorities, bolstered by a South African-based private military company (PMC), appear to have lessened the scale of insurgent attacks in recent months…

South African polls could delay substantive reforms

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SOUTH AFRICA

Data released by Statistics South Africa last week also showed economic growth declining by 2.2% quarter-on-quarter, a reminder of the economy’s continued fragility. New President…