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Tag Archives: angola

Fuel shortage in oil-rich Angola tests new president

Luanda, Angola | AFP | Angola has suffered a week of fuel shortages, a bitter irony for one of Africa’s leading oil producers, and a hardship that some people blame on opponents of President Joao Lourenco. The majority of petrol stations in the capital Luanda have had long lines of motorists …

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Angola opens market to fourth mobile provider

Luanda, Angola | AFP | Angola is to allow a fourth mobile operator to enter its profitable telecommunications sector in a move which could impact business interests linked to former president Jose Eduardo dos Santos. “The government is to issue a tender for a fourth telecoms operator which will include land …

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ANALYSIS: How president Lourenco is stamping his authority on Angola

Luanda, Angola |  NEWS ANALYSIS  |  On 15 November, as most of southern Africa’s attentions turned to the military takeover ensuing in Zimbabwe, Angola’s President João Lourenço took a set of dramatic steps. Acting with lightning speed, he fired the entire board of Angola’s state oil company Sonangol, including its chair Isabel dos Santos. Later that day, …

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Daughter of Angola’s ex-president sacked as state oil chief

Luanda, Angola | AFP |  Angolan President Joao Lourenco on Wednesday fired his predecessor’s daughter from her influential post as head of the Sonangol state oil company, the presidency said in a statement. Her appointment to the oil giant last year was widely criticised as a symbol of the nepotism …

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Angola’s new leader vows to revive moribund economy

Luanda, Angola | AFP | Angola’s new president unveiled a programme of corporate tax sweeteners on Monday intended to boost foreign investment and ease the oil-rich country’s dependence on the lacklustre price of crude. “We expect to adopt tax incentives for businesses that invest in the country,” President Joao Lourenco said …

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Seven killed in Angola plane crash

Luanda, Angola | AFP | All seven passengers and crew were killed when a plane bound for the Angolan capital Luanda crashed in a remote corner of the country, emergency services said Friday. The Brazilian-built Embraer aircraft operated by Air Guicango crashed on Thursday after taking off from Dundo in …

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Quarter of DRCongo refugees in Angola ‘have gone home’

Luanda, Angola | AFP | Nearly a fourth of the estimated 30,000 refugees sheltered in Angola’s northeast have returned to their homes in the Democratic Republic of Congo’s restive Kasai region, an Angolan official said Friday. “Of the 31,240 refugees from DRC hosted by the Angolan government in the Lunda …

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