Angola
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Angola: The curse of being stuck between oil and debt
Africa’s second-largest oil producer had been going through a rough patch since the 2014 oil-price collapse – and then came the pandemic. The country’s prospects for post-Covid recovery are hampered by crippling foreign debt and lack of progress in economic diversification. However, Angola has an important edge in sub-Saharan Africa that helps it attract foreign investment.
Angola’s new leader reaches out to the West for help
Angola has recently become one of the most stable countries in sub-Saharan Africa. It now hopes to rebuild its agriculture, education and navy, as well as jump-start investment in the oil sector and broaden its foreign relations base to include Western powers – all before deteriorating living conditions turn the ...
Opinion: New president, new prospects in Angola
Joao Lourenco, Angola’s new president and a long-time insider of its power structure, has taken decisive steps during his first 50 days in office to put the naturally endowed African country on a course to economic recovery, and possibly a political reorientation.
Elections kick off Angola’s leadership transition
Angolan President Jose Eduardo dos Santos is stepping down after 38 years in office – one of Africa’s rare elder statesmen who relinquishes power voluntarily. His designated successor, Joao Lourenco, handily won a surprisingly peaceful general election. Now he must balance factions in the ruling party, the needs of an ...
Angola: leadership change and the risks ahead
It is now certain that Angolan President Jose Eduardo dos Santos will not run in this year’s elections. The transition of power will offer the country a chance to begin to reform kleptocratic state institutions and address huge social and economic crises. The question is how much support dos Santos ...
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