ANGOLA

IMF forecasts economic turbulence for Angola in 2020 amid COVID-19 pandemic

The International Monetary Fund (IMF) on Monday forecast an economic turmoil for Angola in 2020 amid COVID-19 pandemic. IMF said in its latest regional economic outlook for Sub-Saharan Africa that the Angolan economy...

Inside Angola’s First Lady Ana Dias Lourenço’s medical evacuation to Paris amid COVID-19 travel restrictions

It was not clear when things worsened. Life inside any presidential palace can be full of secrecy. The people outside often look up to the first family for strength, hope, knowledge, inspiration, direction and comfort. But...

BUSTED: Angolan government used fake passport as evidence to seize assets from Africa’s richest woman Isabel dos Santos. The passport bears the signature of...

It is a shocking development just few months after the Angolan government leveled a myriad of allegations of massive fraud and embezzlement against her. New evidence suggests the administration of President João Lourenço may have used...

Amnesty International warns COVID-19 food aid being distributed along party and political lines in Angola, South Africa and Zimbabwe

Amnesty International warned on Wednesday that food aid meant to mitigate the devastating effects of the COVID-19 lockdowns and shutdowns was being distributed along party and political lines in Southern Africa. “The distribution...

Angola: Why is it called corruption when it is in Africa and lobbying when it is happening in Washington DC?

In June 2019, Washington Squire Patton Boggs (SPB) was awarded the $4.1 million contract by the government of Angola. Officially, the goal was to promote Angola's national interest. But in fact SPB was...

President João Lourenço of Angola weakened by corruption and coronavirus pandemic

An investigation by Michael Pauron "For now, everything is fine, except the crisis, which is worsening": these words of Rafaël Savimbi, Angolan deputy of the opposition Unita party sum up the situation...

The rest of the world is so corrupt unlike the United States under Trump, U.S. Secretary of State Michael Pompeo boasts in Angola, a...

President Donald Trump appointed Secretary of State Michael Pompeo boasted in Angola on Sunday night that the rest of the world was so corrupt while the United States was not, a statement likely to shock and...

BREAKING: Pompeo travels to Angola to deepen ties with oil rich African nation

U.S. Secretary of State Michael Pompeo will travel to Angola February 16-17 to meet with government officials, civil society representatives, and the business community to promote increased trade and investment, highlight U.S. support for Angolan political...

Angola set to attract more foreign direct investment into oil and gas, partially privatize Sonangol by 2022

Government reforms in oil sector including at national oil company SONANGOL already yielding positive results, with 30 percent of the company set to be privatized by 2022; Sector reforms to be backed up by an investment...

Africa’s richest woman Isabel dos Santos’ assets frozen by Angola

Angola has frozen assets belonging to Isabel dos Santos known as Africa’s richest woman, after accusing her and two others of causing the state losses of more than $1 billion. Isabel dos Santos...

Latest News

U.S. welcomes independent probe of ethics report that cleared AfDB President Akinwumi Adesina of corruption allegations

The United States Treasury Secretary Steven Mnuchin on Thursday welcomed the African Development Bank's decision to...

Additional 49 million Africans could be pushed into extreme poverty and continent could lose up to $189 billion of GDP in 2020 amid COVID-19...

The African Development Bank on Tuesday projected that an additional 49 million Africans could be pushed into extreme poverty as the...

African Development Bank projects tripled incomes of rural producers and traders in Tanzania

An African Development Bank project to enhance market infrastructure, value addition and rural finance (MIVARF) in Tanzania produced highly satisfactory results,...

Africa’s chance at World Trade Organization and the Ngozi Okonjo-Iweala candidacy – Perspectives by Yushau A. Shuaib

With quite a reputation behind her, Dr. Ngozi Okonjo-Iweala appears to mean different things to different people across the spaces she...

Over 1000 participants from more than 100 countries meet to discuss sustainable development amid COVID-19

Facing the devastating impacts of COVID-19, which is threatening decades of progress in improving people’s lives, countries are meeting at the...

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