Sitemap - 2020 - Angola Briefing

Sonangalp and Mota heading for stock market listing; Lourenço hopes to restore American banking relations in 2021

Dos Santos implicates Kopelipa in ongoing corruption trial; Oil field abandonment fund will invest in Angolan sovereign debt

Parliament approves budget with deficit of 2.2% of GDP; State of Calamity extended to 10 January 2021

Paris Club DSSI relief just $108m; Sonangol scores victory over Isabel dos Santos

Corruption trial of MPLA deputy Manuel Rabelais starts tomorrow; Finance minister pledges to get debt below 100% of GDP

Angolan banks double profits as economy contracts; Vicente immunity could come under review

Pressure mounts on Manuel Vicente as Angolan Public Television airs documentary alleging corruption; Angola assumes OPEC presidency

November appreciation points to stabilising kwanza; Generals Dino and Kopelipa forbidden to leave the country

Isabel dos Santos faces fresh legal challenges in Portugal and London; G20 Summit approves DSSI extension and new debt framework

EXCLUSIVE: New rules for bank bailouts; Political instability in Kinshasa threatens DRC-Angola relations

Manuel Vicente made $3bn flipping Sonangol oil blocks; New G20 debt framework should benefit Angola

Protests end in bloodshed and arrests nationwide; Angolan banks’ business model 'not sustainable'

Government increases ‘social sectors’ budget allocation; Finance ministry rules out seeking more debt relief

New stats chief softens recession; Sonangol denies threat of fuel shortages

More unrest in sight as a third of Angolans are unemployed, and two thirds unhappy with government

Budget proposal puts economic recovery above social spending; Further prosecutions in anti-corruption drive

Luanda protests end in violence; G20 optimistic about unlocking Chinese debt relief

Economy shrank 12.7% in Q2, leaked figures show; UNITA throws weight behind October protest

Finance minister promises no new taxes — but more revenue — next year; Attorney General focuses on Manuel Vicente in $2.3bn Sonangol embezzlement allegations

Losses through corruption even greater than thought, President Lourenço says; G20 agrees six-month extension to DSSI

President Lourenço says Dos Santos regime stole $24bn from Angolan state; $1bn cut from Angola’s obligations to China under new World Bank data

Forward exchange market is born; Activists announce multiple protests across Angola

Angola heading for sixth year of recession; Angolan armed forces accused of killing six in DRC

Generals Kopelipa and Dino named as formal suspects in CIF investigation; BNA tightens monetary policy, as fighting inflation takes priority

G7-China spat puts Angola’s DSSI extension hopes at risk; Street protests mark Lourenço's third anniversary in office

Sonangol bruised, but oil industry sentiment encouraging

Angola in line for $6 billion Chinese debt relief; Oil industry expats to be exempt from Angolan bank account requirement

IMF releases $1 billion for Angola, but extent of debt restructuring remains unclear

IMF approves $1bn disbursement for Angola, expands programme facility by $765m

IMF tight lipped ahead of crunch board meeting, as inflation hits four-year high

Moody's downgrade threatens Angola's banks; Domestic and international flights to restart this month

Plunging economic confidence points to recession; Former President dos Santos to provide written testimony in Brazil corruption trial

IMF disbursement moves closer; Angolan government accused of hacking into American servers

Paris Club accepts Angola’s DSSI application

China remains guarded on Angola debt stance; Lourenço tightens grip on MPLA

Expert analysts join Angola Briefing team

Kwanza hits record lows in informal market; President Lourenço ‘weakened’ by daughter’s job at securities exchange

International reserves hit 13-year low; Spanish tax authorities investigate dos Santos' Barcelona residence

Unemployment ‘immune’ to covid-19; Attorney General orders closure of seven IURD churches

Angola's pivotal position in the global economic crisis

Zenú gets five years in jail; New central bank law to ensure independence

Moody's, S&P give blessing to DSSI participation; SADC summit brings Angola and DRC to the virtual table

IMF unlikely to lend to Angola if in arrears to China; BNA changes rules on expatriate salaries

Angola to tap SWF funds as oil output drops and China debt talks continue

IMF delays Angola meeting for more talks; Eight soldiers killed in Cabinda clash

Angola renegotiating debts with ‘large creditors’; Lourenço said to shake up top security jobs

Angola seeks IMF programme expansion; Sonangol-owned buildings seized

The Angola Economic & Political Risk Briefing, from Zitamar Consulting LLP

The Angola Briefing, Issue 14

The Angola Briefing, Issue 8