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Angola
Lourenco's three-man squad to try to defuse the country's debt bomb

Angolan President João Lourenço and his wife Ana Dias Lourenço. © POOL/Reuters

Included for a few month only in the G20's debt moratorium, Angola is trapped between the effects of falling oil prices and a dollar debt with private lendors which is greater than its GDP. A high-powered team has been appointed to find solutions. [...]

Published on 08/05/2020 at 06:00 GMT Reading time 2 minutes

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Politics

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African Development Bank
Alcino Izata da Conceição
Ana Dias Lourenco
Covid-19
Elf Angola
Helen Meagher
Joao Lourenco
Manuel Jose Nunes Junior
MPLA
Standard & Poor's
Vera Daves de Sousa
World Bank

Africa
Sovereign debt: Paris manoeuvres to involve Beijing in "new deal" with African states

While continuing to lobby for an extension to the G20 moratorium on sovereign debt, the Elysée is preparing to hold a summit in Paris in May on investment in Africa to which several dozen African heads of state will be invited.

Subscribers only Diplomacy 07.12.2020

Angola
Lourenço's young finance team up against carping MPLA heavyweights

As the country endures a financial maelstrom and battles its creditors, the team running its finances is under fire from the party that is barely distinguishable from the state.

Subscribers only Finance, Politics 29.06.2020

West Africa
Governments seek guidance on hidden pitfalls of G20 debt moratorium

For African countries, taking advantage of the G20 moratorium on bilateral debt during the Covid-19 pandemic could lead to unforeseen consequences, especially in terms of their credit ratings. A number of banks and law firms have been guiding them through this financial minefield.

Subscribers only Finance, Business 22.06.2020

Angola, China
Chinese banks at heart of Angolan debt relief talks

The state-run Eximbank of China, China Development Bank and Industrial and Commercial Bank of China are leading the talks on Angola's debt to China.

Subscribers only Finance, Energy 19.06.2020

Angola
Manuel José Nunes Júnior tasked with kick-starting Barra do Dande oil terminal project

As oil revenues continue to fall, Luanda is relaunching a plan to create a strategic depot in Bengo province.

Subscribers only Infrastructure, Business 12.06.2020

Angola, France
Diplomatic string-pulling to evacuate João Lourenço's ailing wife to Paris

France and the United States worked together to airlift the unwell Ana Dias Lourenço to Paris.

Subscribers only Politics 22.05.2020

Ana Dias Lourenço, first lady of Angola.

Inner circles | Nigeria
Future Africa fund and Nigeria's golden youth seek Lagos Valley investors

With investors pulling out left, right and centre amid the Covid-19 pandemic, financier Iyinoluwa Aboyeji and his well-to-do partners at Future Africa are looking to Lagos' affluent circles for new sources of cash.

Subscribers only Finance, Business 19.05.2020

Angola
G20 debt relief: Luanda's ticking time bomb

Angola has already been groaning under the weight of its private debt, for which it needs to raise $1.5bn just to pay for Eurobonds coupons this year alone, and is playing a fine balance with its public debt.

Subscribers only Business 13.05.2020

Mozambique
EleQtra bets big on Namaacha wind farm project

The UK's EleQtra, which works alongside InfraCo Africa on several renewable energy projects in Africa, is going solo on a wind farm in Namaacha, Mozambique.

Subscribers only Energy, Business 11.05.2020

The wind farm under construction in Namaacha.

Angola
Covid-19 pandemic changes balance of power around João Lourenço

The state of emergency is boosting the careers of some members of President João Lourenço's entourage just as he is thinking about replacing vice president Bornito de Sousa Baltazar Diogo prior to the 2022 elections

Subscribers only Politics 30.04.2020

Spotlight | DRC
Tshisekedi prepares international conference on Grand Inga hydropower project

With African Union support, the DRC will in late April play host to dozens of VIPs to discuss the development of the Congo River scheme that comprises several vast dams.

Subscribers only Energy, Business 09.03.2020

Angola
João Lourenço puts faith in youth with Vera Daves de Sousa

The Angolan president João Lourenço is more than ever reliant on his 35-year-old minister of finance, Vera Daves de Sousa, [...]

Subscribers only Politics 04.03.2020

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Alcino Izata da Conceição
Ana Dias Lourenco
Covid-19
Elf Angola
Helen Meagher
Joao Lourenco
Manuel Jose Nunes Junior
MPLA
Standard & Poor's
Vera Daves de Sousa
World Bank

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Angola
Lourenco's three-man squad to try to defuse the country's debt bomb

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Set up email notifications for these topics

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Indigo Publications' websites

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Angola Lourenco's three-man squad to try to defuse the country's debt bomb

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Africa Sovereign debt: Paris manoeuvres to involve Beijing in "new deal" with African states

Angola Lourenço's young finance team up against carping MPLA heavyweights

West Africa Governments seek guidance on hidden pitfalls of G20 debt moratorium

Angola, China Chinese banks at heart of Angolan debt relief talks

Angola Manuel José Nunes Júnior tasked with kick-starting Barra do Dande oil terminal project

Angola, France Diplomatic string-pulling to evacuate João Lourenço's ailing wife to Paris

Inner circles | Nigeria Future Africa fund and Nigeria's golden youth seek Lagos Valley investors

Angola G20 debt relief: Luanda's ticking time bomb

Mozambique EleQtra bets big on Namaacha wind farm project

Angola Covid-19 pandemic changes balance of power around João Lourenço

Spotlight | DRC Tshisekedi prepares international conference on Grand Inga hydropower project

Angola João Lourenço puts faith in youth with Vera Daves de Sousa

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Angola
Lourenco's three-man squad to try to defuse the country's debt bomb

Africa
Sovereign debt: Paris manoeuvres to involve Beijing in "new deal" with African states

Angola
Lourenço's young finance team up against carping MPLA heavyweights

West Africa
Governments seek guidance on hidden pitfalls of G20 debt moratorium

Angola, China
Chinese banks at heart of Angolan debt relief talks

Angola
Manuel José Nunes Júnior tasked with kick-starting Barra do Dande oil terminal project

Angola, France
Diplomatic string-pulling to evacuate João Lourenço's ailing wife to Paris

Inner circles | Nigeria
Future Africa fund and Nigeria's golden youth seek Lagos Valley investors

Angola
G20 debt relief: Luanda's ticking time bomb

Mozambique
EleQtra bets big on Namaacha wind farm project

Angola
Covid-19 pandemic changes balance of power around João Lourenço

Spotlight | DRC
Tshisekedi prepares international conference on Grand Inga hydropower project

Angola
João Lourenço puts faith in youth with Vera Daves de Sousa