Angola Briefing

Angolan economy sank 3.4% in Q1; Further arrests made in anti-corruption drive at Casa de Segurança

Sonangol launches tender for Lobito refinery; Fuel subsidies consume $264m in Q1

OPEC+ deadlock signals production quota risks; Civil war veterans threaten street protests on 17-18 July

Central Bank raises interest rate to highest level in ten years under IMF pressure; New Bloco Democrático leader signals split with CASA-CE

MPLA fund takes 33% stake as mobile operator Movicel is nationalised; Isabel dos Santos loses Galp court case in Holland

IMF board approves $650bn SDR issuance; Unita leader wants meeting with former president dos Santos

Generous tax breaks for Cabinda refinery; Street protests planned for Luanda tomorrow

Angola to introduce single income tax; Rafael Marques accuses MPLA of sabotaging anti-corruption drive

IMF hopes to finalise SDR recycling mechanism for middle income nations by year end; Lunda Norte leader is "illegally detained"

Petroleum minister cuts oil production forecast by 27,000 barrels per day; CASA-CE leader rejects alliance with UNITA

Finance minister prefers second IMF programme to Eurobond issuance this year; Government to raise wages on eve of elections

IMF to release $765 million to Angola tomorrow; Whistleblower links Manuel Vicente to $35 million Sonangol bribery scheme