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Angola

BP opts out of Angolan oil revival led by Total and ENI

Most oil companies in Angola have resumed work on the projects they were working on before the disruption caused by the public health crisis. Only BP is hanging back.

Subscribers only Energy Running story - The oil companies' retreat 06.10.2020

Spotlight
Luanda and GE defend themselves against Aenergy over one billion dollar turbines

Luanda and US electricity giant GE are asking a New York court to drop the charges brought against them by Portuguese businessman Ricardo Leito Machado.

Subscribers only Energy, Business 02.10.2020

Germany's QG Konstruktion and Inzag Germany snap up new roadbuilding contract

A German consortium, comprising engineering firm Gauff and construction companies QG Konstruktion and Inzag Germany, won a new contract from the Angolan Ministry of Construction and Public Works in mid-September.

Subscribers only Infrastructure, Business 01.10.2020

Alrosa demands document disclosures over $42m hole in Catoca diamond mine's books

Subscribers only Mining 29.09.2020

Total cleans up as Odebrecht ejected from block 16

Oil minister Diamantino Azevedo has officially sounded the final whistle for Brazilian giant Odebrecht on the Angolan block 16, operated by Total

Subscribers only Energy 28.09.2020

HSBC, always at the ready for Lourenço's big projects

The Angolan head of state calls on HSBC for his large infrastructure projects. The bank's latest loan, granted in September, will go towards the construction of new roads.

Subscribers only Finance, Business 23.09.2020

"Bad bank" Recredit gets generous Treasury funding but no change from its debtors

The Angolan authorities, who are keen to demonstrate that the era of easy loans for regime notables is over, have given a glowing account of the performance of bad loans management company Recredit. The latter's success is not what it seems, however: its balance sheet is largely funded by the state rather than by its debtors.

Subscribers only Finance, Business 22.09.2020

Miala in line to oversee all spy services

The head of internal intelligence Fernando Garcia Miala is set to launch a sweeping reform of the intelligence services that will effectively put him at the head of the country's entire security apparatus

Subscribers only Politics 21.09.2020

Spotlight
Sonangol determined to oust Isabel dos Santos's husband from its Dutch subsidiary

Angola's national oil company Sonangol has accused local businessman Sindika Dokolo of buying into its Dutch offshoot Esperaza at a discounted rate and has managed to convince a Dutch court to examine the case.

Subscribers only Energy 18.09.2020

Isabel dos Santos and her husband Sindika Dokolo, in 2011.

Petra Diamonds in talks with Luanda over new projects

South Africa's Petra Diamonds, which has been absent from Angola's diamond sector since 2009, is in talks with the government to develop new projects in the country. The firm is one of a growing number of foreign investors being courted by President Lourenço's administration.

Subscribers only Mining 17.09.2020

Mauritius ambiguous over sanctions against Swiss-Angolan financier Jean-Claude Bastos

Five years after he was accused of defrauding the Angolan sovereign fund he was managing, Swiss-Angolan financier Jean-Claude Bastos de Morais has finally been banned from managing companies in Mauritius. The sanction was slow in coming and has fallen at a bad time for Mauritius as it faces criticism from the European Union for having failed to take more drastic action against money laundering.

Subscribers only Finance, Business 16.09.2020

Spanish bank BBVA salvages Lourenço's road project

Angola has been particularly hard hit by the global economic crisis but has managed to secure financing with Spanish bank BBVA for the construction of 24 urban roads in the north of the country.

Subscribers only Infrastructure, Politics 10.09.2020

MPLA: Isaias Kalunga embarks on ambitious US tour

The very ambitious newly elected head of the Conselho Nacional da Juventude, the youth wing of the ruling MPLA, Isaias Kalunga, 34, has set off for the United States to meet the new generation of Republican party members.

Subscribers only Diplomacy 10.09.2020

Experienced oil litigation lawyer to defend top Angolan businessman Carlos de Sao Vicente in Switzerland

Clara Poglia, the lawyer who will represent Angolan insurance magnate Carlos de Sao Vicente before the Swiss courts, has already taken part in several big oil industry cases, including those arising from Brazil's big Lava Jato anti-corruption operation and Gunvor's activities in Congo and Ivory Coast.

Subscribers only Energy 04.09.2020

Partner in Switzerland's Schellenberg Wittmer law firm Clara Poglia.

AFGC accuses Luanda of hacking servers in expropriation saga

The US firm Africa Growth Corp has opened a new chapter in its real-estate expropriation battle with the Angolan state, now into its fourth year. The company accuses Luanda of hacking its services to obtain internal documents, confidential information and letters from lawyers.

Subscribers only Business 03.09.2020

Lourenço makes concessions to save production at Chevron's Block 14

The American supermajor Chevron is gearing up to conduct fresh drilling at its 20-year-old Block 14 in Angola's Tombwa-Lândana development zone, which includes the fields of Kuito, Benguela, Belize, Lobito and Tomboco.

Subscribers only Energy 31.08.2020

Lisbon plays peacemaker in religious turf war between Bolsonaro and Lourenço

Tensions between the Angolan branch of the Universal Church of the Kingdom of God and the church's headquarters in Brazil have become so acute that President Jair Bolsonaro felt called on to intervene in the dispute.

Subscribers only Diplomacy 28.08.2020

João Lourenço gets behind Alassane Ouattara

The Angolan president sent his director of intelligence to reassure his Ivorian counterpart of his support in October's presidential election.

Subscribers only Politics 24.08.2020

Ivorian President Alassane Ouattara and his Angolan counterpart João Lourenço during the latter's inauguration in 2017.

Dino Foi and Mawete Kana fly tandem in Cabo Delgado

A close associate of former president Guebuza, Dino Foi has brought Mawete Kana in from Luanda to develop Helicab, his new helicopter rental company.

Subscribers only Business 24.08.2020

Government digitalisation specialist Pangea IT has a controversial electoral past

Formerly known as Nikuv International Projects, Israeli company Pangea IT, which specialises in the digitalisation and modernisation of administrative services, has a past marked by electoral controversy and a conviction for corruption of a foreign agent.

Subscribers only Business 31.07.2020

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Africa
Massad Boulos, a free agent of Donald Trump's African diplomacy under close watch

DRC
The Tshisekedi clan's dangerous ties with cobalt looting "cartels"

Angola

BP opts out of Angolan oil revival led by Total and ENI

Spotlight
Luanda and GE defend themselves against Aenergy over one billion dollar turbines

Germany's QG Konstruktion and Inzag Germany snap up new roadbuilding contract

Alrosa demands document disclosures over $42m hole in Catoca diamond mine's books

Total cleans up as Odebrecht ejected from block 16

HSBC, always at the ready for Lourenço's big projects

"Bad bank" Recredit gets generous Treasury funding but no change from its debtors

Miala in line to oversee all spy services

Spotlight
Sonangol determined to oust Isabel dos Santos's husband from its Dutch subsidiary

Petra Diamonds in talks with Luanda over new projects

Mauritius ambiguous over sanctions against Swiss-Angolan financier Jean-Claude Bastos

Spanish bank BBVA salvages Lourenço's road project

MPLA: Isaias Kalunga embarks on ambitious US tour

Experienced oil litigation lawyer to defend top Angolan businessman Carlos de Sao Vicente in Switzerland

AFGC accuses Luanda of hacking servers in expropriation saga

Lourenço makes concessions to save production at Chevron's Block 14

Lisbon plays peacemaker in religious turf war between Bolsonaro and Lourenço

João Lourenço gets behind Alassane Ouattara

Dino Foi and Mawete Kana fly tandem in Cabo Delgado

Government digitalisation specialist Pangea IT has a controversial electoral past

Fertilizers: Yara goes on donation spree to hang on in race against OCP, Phosagro, Maaden

ANPG defies Covid crisis to sign new deal with ExxonMobil on block 30

Inner circles
New generation businessman Agostinho Kapaia steps into the limelight

Lourenço finally takes up G20 offer to freeze public debt repayments

Luminar, the tiny bank which lends to presidents...but only if they sign contracts with Mitrelli

Create a notification

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Africa Massad Boulos, a free agent of Donald Trump's African diplomacy under close watch

DRC The Tshisekedi clan's dangerous ties with cobalt looting "cartels"

Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production

Cabo Delgado: a gas Eldorado and security nightmare

The Renaissance Dam – a national symbol but a regional quandary

Andry Rajoelina

African Development Bank

Paul Biya

Erik Prince

AFRICOM

Angola

BP opts out of Angolan oil revival led by Total and ENI

Spotlight Luanda and GE defend themselves against Aenergy over one billion dollar turbines

Germany's QG Konstruktion and Inzag Germany snap up new roadbuilding contract

Alrosa demands document disclosures over $42m hole in Catoca diamond mine's books

Total cleans up as Odebrecht ejected from block 16

HSBC, always at the ready for Lourenço's big projects

"Bad bank" Recredit gets generous Treasury funding but no change from its debtors

Miala in line to oversee all spy services

Spotlight Sonangol determined to oust Isabel dos Santos's husband from its Dutch subsidiary

Petra Diamonds in talks with Luanda over new projects

Mauritius ambiguous over sanctions against Swiss-Angolan financier Jean-Claude Bastos

Spanish bank BBVA salvages Lourenço's road project

MPLA: Isaias Kalunga embarks on ambitious US tour

Experienced oil litigation lawyer to defend top Angolan businessman Carlos de Sao Vicente in Switzerland

AFGC accuses Luanda of hacking servers in expropriation saga

Lourenço makes concessions to save production at Chevron's Block 14

Lisbon plays peacemaker in religious turf war between Bolsonaro and Lourenço

João Lourenço gets behind Alassane Ouattara

Dino Foi and Mawete Kana fly tandem in Cabo Delgado

Government digitalisation specialist Pangea IT has a controversial electoral past

Fertilizers: Yara goes on donation spree to hang on in race against OCP, Phosagro, Maaden

ANPG defies Covid crisis to sign new deal with ExxonMobil on block 30

Inner circles New generation businessman Agostinho Kapaia steps into the limelight

Lourenço finally takes up G20 offer to freeze public debt repayments

Luminar, the tiny bank which lends to presidents...but only if they sign contracts with Mitrelli

Create a notification

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Africa
Massad Boulos, a free agent of Donald Trump's African diplomacy under close watch

DRC
The Tshisekedi clan's dangerous ties with cobalt looting "cartels"

Spotlight
Luanda and GE defend themselves against Aenergy over one billion dollar turbines

Spotlight
Sonangol determined to oust Isabel dos Santos's husband from its Dutch subsidiary

Inner circles
New generation businessman Agostinho Kapaia steps into the limelight