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However, China’s insistence on negotiating debt relief bilaterally and on a loan-by-loan basis will delay efforts to reschedule borrowing, jeopardising Angola’s debt…
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DOI: 10.1108/OXAN-DB257502
ISSN: 2633-304X
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Crucial to the new framework's success will be the ongoing overhaul of state-owned oil company Sonangol, alongside an oil price recovery, as well as politically contentious fuel…
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DOI: 10.1108/OXAN-DB258516
ISSN: 2633-304X
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The underperformance of the oil sector, coupled with a recent fuel distribution crisis, have combined to dampen growth forecasts for 2019. While President Joao Lourenco’s…
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DOI: 10.1108/OXAN-DB244145
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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As Angola struggles to cope with its deepest financial crisis since the end of the civil war in 2002, Sonangol profits have fallen dramatically from 2.4 billion dollars in 2009 to…