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William Ruto's new order

William Ruto's new order

Africa in the Russia-Ukraine war
The Sahel threatened by a jihadist tornado

The Sahel threatened by a jihadist tornado
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Spotlight
ANGOLA

Manuel Vicente takes Somoil into big league with Lourenco's backing

Manuel Vicente at the COP21 World Climate Change Conference 2015, France, 30 November 2015.
Manuel Vicente at the COP21 World Climate Change Conference 2015, France, 30 November 2015. © Etienne Laurent/EPA/MaxPPP
Angolan junior Somoil has increased its asset portfolio through a number of purchase since the start of last year. Behind this expansion is Manuel Vicente, the oil strategist of former president José Eduardo dos Santos, who is also close to Joao Lourenco. [...] (547 words)
Issue dated 28/02/2023 Reading time 3 minutes
Energy

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Further reading
President of Democratic Republic of the Congo, Felix Tshisekedi, with President of Angola, Joao Lourenco, the 5th of February 2019. © Stringer/AFP
Spotlight
ANGOLA DRC Energy 22/03/2023

Kinshasa still soft-pedalling on contentious oil blocks run by Angola despite $78bn loss 

Angola has benefited enormously from oil blocks located partly in a maritime zone to which Kinshasa could lay claim, according to a confidential report financed by the World Bank and submitted to President Félix Tshisekedi's office.

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