First Independent Mena Newspaper
After the last decades of civil war, an oil boom, corruption scandals, the state of Angola’s economy will be one of the biggest and most decisive issues when the country’s citizens go to the polls on Wednesday (24 August). Millions of Angolan youths are voting for the first time in the country’s 5th election since […]
In a major development in Africa’s capital markets, Angola has launched its first initial public offering (IPO), which could lead to a slew of privatizations of some of the country’s biggest conglomerates. In June, Banco BAI, Angola’s largest private bank, floated a 10% stake following the country’s first initial public offering (IPO), viewed by observers […]
US Secretary of State Mike Pompeo on Monday denounced corruption in Angola, second leg of his current African tour. In Angola, an oil-rich country whose people remain impoverished, Pompeo met with President Joao Lourenco, who is making strides against corruption, including actions against close relatives of the former leader. The oil-rich nation is ranked […]
Portugal has ordered a freeze on the bank accounts of the Angolan billionaire businesswoman Isabel dos Santos. Isabel, the daughter of the former Angolan President José Eduardo dos Santos, is currently the subject of a criminal investigation in Angola. The public prosecutor’s office in Lisbon confirmed reports that dozens of personal and corporate […]
Isabel dos Santos, daughter of Angolan ex President and Africa’s richest woman on Thursday announced her intention to run for the presidency despite her accusations of diverting more than a billion dollars of state money and a freeze of her assets. In an interview with Portuguese TV channel RTP, the ex-first daughter of the oil-rich […]
The Angolan government plans to install about 30,000 solar photovoltaic systems in rural areas to produce 600 MW of electricity in the Central African nation. According to Angolan Minister of Energy and Water, João Baptista Borges, the government was considering increasing the rate of access to electricity, especially in rural areas. Currently, less than 40% […]
Blazes burning in the Amazon over the last weeks have prompted a global outcry. However, according to satellite data released by NASA about fires around the world, the central Africa region is the most affected region. Over a period of two days last week, Angola had roughly three times more fires than Brazil, according to […]
The United States will grant Angola around two million dollars in ongoing assistance for combating money laundering and terrorist financing, the US Deputy Secretary of State has announced. John Sullivan made the announcement in Luanda Monday at a joint press conference with Angolan Foreign Minister Manuel Augusto at the end of a meeting of the […]
Morocco has adopted a pro-active diplomacy that breaks away with the empty chair policy, which left the country outside AU institutions since 1984. Almost one year after its triumphal return to the African Union, Morocco made diplomatic headways thanks to an African Policy that continues to turn former African adversaries into friends. The talks held […]
Angola, one of the last few countries in the continent to maintain ties with the Polisario separatist militias, is on course to join its voice to the bulk of African countries supporting Morocco’s territorial integrity and sovereignty over its southern territories, the Sahara. The talks King Mohammed VI held Wednesday with Angolan President Joao Lourenço […]