By Manuel Ennes Ferreira, Ricardo Soares de Oliveira | OXFORD From inauspicious beginnings in a post-socialist, highly dysfunctional financial system, Angolan banking grew in less than a decade after the end of the country’s long civil war into one of Africa’s largest. Fuelled by the country’s oil boom, banks became crucial in articulating Angola’s interactions…
By Pedro Agosto | allAfrican.com Luanda — SADDLED with a growing debt burden and struggling to eradicate poverty, Angola still has the luxury of splurging millions in foreign currency under the state carrier’s fleet restructuring and modernisation programme. This is the latest in a series of deviations by President Joao Lourenco from his pledges to…
By ALLINFO A multi-billion dollar corruption scandal has plunged Mozambique into the crisis. Money for education or health missing, many people suffer from it. According to a report by the neighboring country of Angola could be affected. Angola’s President, João Lourenço (Archive) Abroad, it runs for Angola’s President, João Lourenço still good. The former defence…