Angola

The Portuguese construction company DST has won a contract worth €67 million to build hospitals in Angola. It will construct the Hospital Geral de Viana and the Hospital Geral de Cacuaco in the [...]

A €1.5Bn credit line that existed between Portugal and Angola which had become exhausted has been beefed up to €2Bn to include new projects. The commercial line of finance guaranteed partly by [...]

Lisbon City Councillors have opposed its Mayor, Carlos Moedas over a project for a new five-star hotel in the city centre. The person behind the project is the Angolan tycoon Isabel dos Santos, [...]

Interpol has issued an international arrest warrant for the extradition for Angolan tycoon Isabel dos Santos. It has done so at the request of the Procurator General of Angola according to the [...]

There is an undeniable fact. Angolan elections scheduled for the 24 August are the most disputed of the post-civil war (2002)[1]. Never has been a discussion so renamed and the intensity of the [...]

The 1st dinner-debate of the ACNAE-Afro-European Business Council took place on the 28 July. At the Pestana Palace in Lisbon, prospects for the future of Angola were widely discussed, with the [...]

Since José Eduardo dos Santos stood down as Angola’s president in September 2017, smoothing the way for a power transition to João Lourenço, the country’s economic policy has shifted [...]

According to the African Development Bank’s economic outlook report, Angola’s oil driven economy has been in recession since 2016, leading to an increase in its debt-to.GDP ratio from 57.1% in [...]

A Portuguese court has ordered that €83 million syphoned from Angola’s State oil company Sonangol into a company owned by Isabel dos Santos, should be returned. The money had been seized from a [...]

www.cedesa.pt Angola’s foreign exchange policy has just undergone one of the most significant changes in recent times, in line with one of the main policies advocated by the Angolan government, [...]