- National Private Investment Agency www.anip.co.ao
- National Bank of Angola www.bna.ao
- Comissão do Mercado de Capitais angola capital market commission
- The newly created Angolan Institute for State Asset and Holdings Management (IGAPE) will manage the state’s financial assets and holdings, and will also carry out the privatisation and restructuring programme of the corporate public sector, according to a presidential order. The order, which approves the organic statute of IGAPE, also determines that the Institute will keep up-to-date information on shareholdings, exercise the rights of the State as a shareholder and develop policies for management of holdings. IGAPE also has the responsibility to manage the assets and loans granted by the State, to follow up on credit lines granted to other countries and national institutions, to follow the negotiation process of lending to other countries, safeguarding strategic interests and manage the States returns on loans. https://macauhub.com.mo/2018/06/20/pt-governo-de-angola-cria-instituto-de-gestao-de-activos-e-participacoes-do-estado/
罗安达（葡萄牙語：Luanda，原稱：São Paulo da Assunção de Loanda）或译卢安达 Luanda, formerly named São Paulo da Assunção de Loanda, is the capital and largest city in Angola, It is Angola's primary port, and its major industrial, culturaland urban centre. Located on Angola's northern coast with the Atlantic Ocean, Luanda is both Angola's chief seaport and its administrative centre. It is also the capital city of Luanda Province. Luanda and its metropolitan area is the most populous Portuguese-speaking capital city in the world, with over 8 million inhabitants in 2019, a third of Angola's population; it is the third most populous Portuguese-speaking city, after the Brazilian cities of São Paulo and Rio de Janeiro. Among the oldest colonial cities of Africa, it was founded on January 1576 by the Portuguese explorer Paulo Dias de Novais, under the name of São Paulo da Assunção de Loanda. The city served as the centre of slave trade to Brazil before its prohibition. At the start of the Angolan Civil War in 1975, most of the white Portuguese left as refugees,[3] principally for Portugal. Luanda's population increased greatly from refugees fleeing the war, but its infrastructure was inadequate to handle the increase. This also caused the exacerbation of slums around Luanda, or musseques. The city is currently undergoing a major reconstruction,[4] with many large developments taking place that will alter its cityscape significantly. The industries present in the city include the processing of agricultural products, beverage production, textile, cement, newly car assembly plants, construction materials, plastics, metallurgy, cigarettes and shoes. The city is also notable as a economic centre for oil,[5][6] and a refinery is located in the city. Luanda has been considered one of the most expensive cities in the world for expatriates.[7][8] The inhabitants of Luanda are mostly members of the ethnic group of the Ambundu, but in recent times there has been an increase of the number of the Bakongo and the Ovimbundu. There exists a European population, consisting mainly of Portuguese.
constitution
- Since its independence from Portugal in 1975, Angola has had three constitutions. The first came into force in 1975 as an "interim" measure; the second was approved in a 1992 referendum, and the third one was instituted in 2010. Angola was a colony of Portugal for more than 400 years, beginning the 15th century. Three principal parties, MPLA, National Front for the Liberation of Angola the FNLA and the National Union for Total Independence of Angola the UNITA, fought for independence. After many years of conflict that weakened all of the insurgent parties, Angola gained independence on 11 November 1975, after the Carnation Revolution overthrew the Marcelo Caetano regime in Portugal. A fight for dominance broke out immediately between the three nationalist movements, resulting in a civil war soon after independence. The civil war continued with UNITA fighting against the ruling MPLA. Both parties received support and backing from other countries. Constitutional revisions in 1976 and 1980 more clearly established a revolutionary socialist, one-party state as a national goal. In 1992, the 1975 constitution was completely rewritten to allow a multiparty democratic republic, in the form of a presidential system, starting with multiparty elections and direct election of the president. The 2010 amendment of the Constitution named the president of Angola as head of state, head of the executive branch and commander-in-chiefof the Angolan armed forces. The new constitution abolished direct election of the president; under its provisions, the person heading the list of candidates of the majority party in the assembly automatically becomes president, and the second person on the list, vice-president. This constitution, still in effect, limits the president to two five-year terms, but the 30-year term already served by current president dos Santos would start from the parliamentary elections in 2012, allowing him to remain president until 2022.
monetary policy
- https://www.bloomberg.com/news/articles/2018-01-03/angola-s-central-bank-plans-to-loosen-kwanza-s-peg-to-the-dollar Angola is planning to give freer reign to its currency and end a foreign-exchange scarcity that has crippled the OPEC member’s economy. It also plans to renegotiate some debt, which sent its dollar securities tumbling. The central bank will scrap the kwanza’s peg to the dollar and establish a band in which the currency will trade, Governor Jose de Lima Massano told reporters Wednesday in Luanda. The exchange rate will be determined at the central bank’s foreign-currency auctions, the regulator said in a statement on its website Thursday, which will resume this month.
Infrastructure
- http://www.ft.com/cms/s/0/c58e0bd8-e803-11e4-9960-00144feab7de.html Angola, Africa’s second-largest oil producer, is seeking to raise up to $10bn from foreign creditors as it attempts to push ahead with key infrastructure projects in the face of severe headwinds triggered by the collapse in crude prices. The southern African nation has slashed its budget for the year by a quarter, or about $15bn, after revising expenditure and halving its assumptions for oil price to $40 a barrel. But in a rare interview with a member of Angola’s government, Abrãhao Gourgel, economy minister, said the country would continue to prioritise vital infrastructure spending, including building a $6bn refinery. “There are projects that are being delayed and there are projects that did not begin . . . and ongoing projects will slow down,” he says. “But a big part of the [infrastructure] projects [are] financed by foreign credit lines, so these will not feel any impact.”
energy sector
- https://www.ft.com/content/fa8618c2-7f3c-11e6-8e50-8ec15fb462f4 An overhaul of Angola’s energy sector poses a test for Trafigura’s close-knit relationship with the west African country, as the Opec member restricts spending and forges ties with rival trading houses during the prolonged oil slump.
- https://www.ft.com/content/8c09155a-c38b-11e6-9bca-2b93a6856354 Angola is set to become a key battleground for the world’s biggest commodity traders as Sonangol, the African country’s state-controlled oil company, seeks to inject much greater competition into fuel imports.
For the first time, Angola is also thinking strategically about how to exploit large reserves of gas, until now considered little more than a byproduct of lucrative oil production. “Lourenço took it upon himself to review what was going on in the oil industry,” said Adam Pollard, a senior upstream analyst at Wood Mackenzie, the energy consultancy. “It was apparent there were problems.” The most far-reaching reform was his decision to split the functions of Sonangol, the state oil company, which was formerly both operator and regulator in an opaque system. “Sonangol was both a concessionaire and the regulating body,” said Maria da Cruz, president of the US-Angola chamber of commerce. “That’s like being a referee and a player at the same time.”
people
- 恩津加·姆班德 Queen Ana Nzinga (c. 1583 – December 17, 1663), also known as Njinga Mbande or Ana de Sousa Nzinga Mbande,[1] was a 17th-century queen (muchino a muhatu) of the Ndongo and Matamba Kingdoms of the Mbundu people in Angola. Born into the ruling family of Ndongo and Matamba, Nzinga demonstrated an aptitude for defusing political crises in her capacity as ambassador to the Portuguese, and later assumed power over the kingdoms when her brother, then king, committed suicide. Nzinga fought fearlessly and cleverly for the freedom and stature of her kingdoms against the Portuguese, who were colonizing the area at the time.[2] Today, she is remembered in Angola for her political and diplomatic acumen, as well as her brilliant military tactics. A major street in Luanda is named after her, and in 2002 a statue of her in Kinaxixi was dedicated by then-President Santos to celebrate the 27th anniversary of independence.
- Nzinga was born to ngola Kia Samba and Guenguela Cakombe around 1583.[3] She was related to Nzinga Mhemba, who was baptized as Alfonso in 1491 by the Portuguese.[4] Nzinga also had two sisters: Mukumbu, or Lady Barbara and Kifunji, or Lady Grace.[4] Nzinga's father, a dictator, was ruler of the Ndongo and Matamba kingdoms which governed the Mbundupeople.[5] When Kia Samba was dethroned some time in the 1610s, his illegitimate son, Mbandi, took power and Nzinga was forced to leave the kingdom since she was his challenger to the throne. According to tradition, she was named Njinga because her umbilical cord was wrapped around her neck (the Kimbundu verb kujinga means to twist or turn). It was said to be an indication that the person who had this characteristic would be proud and haughty, and a wise woman told her mother that Nzinga would become queen one day. According to her recollections later in life, she was greatly favoured by her father, who allowed her to witness as he governed his kingdom, and who carried her with him to war. She also had a brother, Mbandi, and two sisters, Kifunji and Mukambu. She lived during a period when the Atlantic slave trade and the consolidation of power by the Portuguese in the region were growing rapidly. In the 16th century, the Portuguese position in the slave trade was threatened by England and France. As a result, the Portuguese shifted their slave-trading activities to the Congo and South West Africa. Mistaking the title of the ruler, ngola, for the name of the country, the Portuguese called the land of the Mbundu people "Angola"—the name by which it is still known today. Nzinga first appears in historical records as the envoy of her brother, the ngiolssa Ngola Mbandi, at a peace conference with the Portuguese governor João Correia de Sousa in Luanda in 1622.
- hkej 7feb18 shum article
- Isabel dos Santos (born 20 April 1973)[4] is an Angolan businesswoman and Africa's richest woman, mostly due to her father's position as president, facilitating luctrative deals outside the law.[5][6][7] In 2013, according to research by Forbes, her net worth had reached more than three billion US dollars, making her Africa’s first billionaire woman. Isabel dos Santos was born in Baku, Azerbaijan SSR,[4] the oldest daughter of Angola's former President José Eduardo dos Santos and his first wife, the Russian-born Tatiana Kukanova, whom he met while studying in the Soviet republic of Azerbaijan.[11][12][13] Her father's parents came from São Tomé and Príncipe. She studied electrical engineering[16] at King's College in London. There she met her husband from Zaire (now Democratic Republic of the Congo), Sindika Dokolo, a son of a millionaire from Kinshasa and his Danish wife.
- Jose Filomeno de Sousa dos Santos is an Angolan who serves as the Chairman of Fundo Soberano de Angola, the country's sovereign wealth fund. He was appointed to the board in 2012[3] and succeeded Armando Manuel as Chairman in June 2013. In August 2013, dos Santos was ranked at number 26 out of the top 100 wealth fund chiefs in the world. The rankings are an annual measurement process run by The Sovereign Wealth Fund Institute. His father is José Eduardo dos Santos, the former President of Angola.
- hkej 7feb18 shum article
- Jose Filomeno dos Santos has been accused along with the former governor of the National Bank of Angola, Valter Filipe, over an "irregular" transfer of $500 million to a British bank, the Portuguese news agency Lusa reported.https://www.foxbusiness.com/markets/son-of-angolas-former-leader-dos-santos-accused-of-fraud
- HSBC Holdings Plc froze an account linked to an alleged fraud that siphoned about $500 million from Angolan state coffers, according to a person briefed on the matter. A large transfer raised suspicions at the bank, prompting it to alert U.K. authorities at least weeks ago, the person said, asking not to be identified discussing confidential information. Britain’s National Crime Agency told Reuters last week it’s preparing to return funds to the oil-rich African nation. https://www.bloomberg.com/news/articles/2018-03-27/hsbc-said-to-freeze-account-tied-to-500-million-angolan-fraud
- João Manuel Gonçalves Lourenço (born 5 March 1954) is an Angolan politician who has served as the President of Angola since 26 September 2017.[2] Previously he was Minister of Defence from 2014 to 2017. Since 2016, he is the Vice-President of the Popular Movement for the Liberation of Angola (MPLA), the ruling party. He was the party's Secretary-General from 1998 to 2003.
João Lourenço was designated in December 2016 to occupy the party's number 1 position in the August 2017 legislative election. In terms of the 2010 constitution, "the individual heading the national list of the political party or coalition of political parties which receives the most votes in general elections... shall be elected President of the Republic and Head of the Executive"(Article 109).[3][4] As the MPLA won a majority of 150 seats, Lourenço automatically became President of Angola, succeeding José Eduardo dos Santos, in power for 38 years. Lourenço was officially sworn into office on 26 September 2017. Born in 1954, Lourenço grew up in a politically engaged family of ten children. His father, Sequeira João Lourenço (1923–1999),[6] a native of Malanje, was a nurse and nationalist, who served three years of imprisonment in Portuguese Angola for illegal political activity.[7] His mother, Josefa Gonçalves Cipriano Lourenço (1928–1998),[8] a seamstress, was a native of Namibe.[9] He received primary and secondary education in Bié Province and Luanda.
- Lourenço studied at the Industrial Institute of Luanda and later participated in the liberation struggle in Ponta Negra, in August 1974, where he was part of the first group of MPLA soldiers to enter Angolan territory via Miconge, towards the city of Cabinda after the fall of the Portuguese colonial regime.He began his military career fighting against the Portuguese in the Angolan War of Independence and fought as a member of the MPLA in the Angolan Civil War.[12] Lourenço conducted his training in artillery and then became a political officer in the MPLA. In 1978, Lourenço traveled to the Soviet Union and studied at the Lenin Higher Academy, where he further his military training and completed a master's degree in Historical Sciences.
- http://www.bbc.com/news/world-africa-42003016 The president of Angola, Joao Lourenco, has fired the daughter of his predecessor as head of the country's state oil company Sonangol.
- hkej 7feb18 shum article
History
- The Angolan War of Independence (1961–1974) began as an uprising against forced cotton cultivation, and became a multi-faction struggle for the control of Portugal's Overseas Province of Angolaamong three nationalist movements and a separatist movement.[17] The war ended when a leftist military coup in Lisbon in April 1974 overthrew Portugal's Estado Novo regime, and the new regime immediately stopped all military action in the African colonies, declaring its intention to grant them independence without delay.
books
- a general theory of oblivion by jose eduardo agualusa
- The Angolan War of Independence (1961–1974) began as an uprising against forced cotton cultivation, and became a multi-faction struggle for the control of Portugal's Overseas Province of Angolaamong three nationalist movements and a separatist movement.[17] The war ended when a leftist military coup in Lisbon in April 1974 overthrew Portugal's Estado Novo regime, and the new regime immediately stopped all military action in the African colonies, declaring its intention to grant them independence without delay.
- By the time of Angolan independence in 1975, Luanda was a modern city. The majority of its population was African, but it was dominated by a strong minority of white Portuguese origin.[citation needed] After the Carnation Revolution in Lisbon on April 25, 1974, with the advent of independence and the start of the Angolan Civil War (1975–2002), most of the white Portuguese Luandans left as refugees,[3] principally for Portugal, with many travelling overland to South Africa. There was an immediate crisis, however, as the local African population lacked the skills and knowledge needed to run the city and maintain its well-developed infrastructure. The large numbers of skilled technicians among the force of Cuban soldiers sent in to support the Popular Movement for the Liberation of Angola (MPLA) government in the Angolan Civil War were able to make a valuable contribution to restoring and maintaining basic services in the city. In the following years. However, slums called musseques — which had existed for decades — began to grow out of proportion and stretched several kilometres beyond Luanda's former city limits as a result of the decades-long civil war, and because of the rise of deep social inequalities due to large-scale migration of civil war refugees from other Angolan regions. For decades, Luanda's facilities were not adequately expanded to handle this huge increase in the city's population. After 2002, with the end of the civil war and high economic growth rates fuelled by the wealth provided by the increasing oil and diamond production, major reconstruction started.
books
- a general theory of oblivion by jose eduardo agualusa
China
- china daily country supplement
- 10- 12nov15
- visit by angolan leaders
- http://www.chinadaily.com.cn/world/2015-06/10/content_20955887.htm China and Angola sealed eight agreements on Tuesday covering areas such as economic cooperation, transportation, electricity and financing as Africa's second-largest oil producer continues to face problems caused by falling crude prices. The agreements were signed in Beijing after a meeting between President Xi Jinping and Angolan President Jose Eduardo dos Santos, who arrived on Monday for his first official visit to China in seven years. China is willing to help Angola transform its rich natural and human resources into development results and achieve independent and sustainable development, Xi said. China will encourage its enterprises to invest in Angola, participate in its industrial parks and infrastructure construction and help it to diversify its economy, he added. Xi called for the early signing of further agreements covering currency swap, investment protection and avoidance of double taxation.
- http://www.chinadaily.com.cn/a/201810/10/WS5bbcf22ca310eff30328168a.html China firmly supports African countries in their opposition to external interference and their right to select their own development paths, President Xi Jinping said on Tuesday. Xi made the remark while meeting with Angolan counterpart Joao Lourenco at the Great Hall of the People in Beijing. Witnessed by the two presidents, the two countries signed a number of cooperation documents.
It has been five years since China and Angola entered into a strategic partnership .This bilateral relationship has witnessed tremendous progress with the efforts of both countries .I was sent to Angola to serve as the ambassador the second year after the establishment of the strategic ties ,at a time when Sino-Angolan cooperation was still doubted by many .However ,I feel that the voice of doubt has weakened in the past two years and even those skeptics are learning from this relationship .The China-Angola relationship is a microcosm of the fast-developing China-Africa relationship ,as well as a reflection of China 's efforts in integrating with the world and sharing its influence .Over the past few years ,the bilateral ties between China and Angola have achieved much with many highlights and breakthroughs .The two countries have cooperated in many more fields ,including politics ,diplomacy ,trade and economy ,culture ,education ,and consular ,police and military affairs .For example ,the escort fleet of the Chinese navy visited Angola for the first time last year and China set up its first Confucius Institute in Angola this year .The two countries are also involved in more mutual interests .A number of projects involving hydroelectricity ,transportation ,housing ,ports and railways that are built by Chinese enterprises have been completed ,marking Angola 's post-war reconstruction efforts .
- 8月4日，由中国葛洲坝集团承建的非洲目前最大水电站─安哥拉卡库洛卡巴萨水电站在该国北宽扎省栋多市举行开工仪式，安哥拉总统多斯桑托斯为项目奠基。据介绍，该项目合同总金额超过45亿美元，项目规划装机容量217.2万千瓦，建成后将满足安哥拉50%以上供电需求。http://paper.takungpao.com/resfile/PDF/20170806/PDF/a8_screen.pdf
- 華企建海外最長鐵路竣工 http://paper.takungpao.com/resfile/PDF/20140814/PDF/a6_screen.pdf, http://www.china.org.cn/business/2014-08/14/content_33236718.htm
- http://www.chinadaily.com.cn/business/2014-11/17/content_18926219.htm With its abundance of resources that include crude oil, diamonds and gold, the southern Africannation has seen scores of China's State-owned enterprises and private companies enter itsborders hoping for an economic opportunity. In 2008, CITIC Construction Co, a State-owned enterprise and one of the largest constructioncompanies in the world, joined the nation's reconstruction efforts. "We are an active and responsible player in the country's post-war reconstruction process," saysLiu Guigen, president of the African regional division of CITIC Construction Co, a division ofChina International Trust and Investment Corp. That year, the company won a bid to build housing in Kilamba Kiaxi, one of the capital city ofLuanda's six urban districts that is located 30 kilometers from downtown. It would eventually transform the rural area into a satellite city, a residential area located near ametropolis that is somewhat independent economically. After CITIC completed the first phase of the project in 2011, the development spanned an area of88,000 square meters. It is reportedly one of the largest newly built projects on the continent. Last year, the $10 billion project was completed with a total of 20,000 residential homes, 200retail stores, 24 kindergartens, nine primary schools and eight middle schools. CITIC claims 90percent of the homes are already occupied. Angolan President Jose Eduardo dos Santos hailed the satellite city project as a model for thecountry's post-war reconstruction. http://www.chinadaily.com.cn/business/2015-09/21/content_21934754.htm The development of the farming sector has been high on the agenda of the Angolan governmentfor the past few years as it diversifies its oil-dependent economy. CITIC Construction, a Chinese civil engineering company and one of the key players of the post-war reconstruction process in the country, built the $3.5 billion satellite town of Kilamba Kiaxi insouthern Luanda. Now, it has moved into the agricultural sector and introduced modern farming technologies intothe southern African country. CITIC Construction, which is part of the CITIC Group, a Chinese State-owned conglomerate, runstwo farms, each with an area of 10,000 hectares in the Uige and Malanje provinces. Theseprojects serve as a development showcase.
- investors from china
- http://www.hkcd.com.hk/pdf/201510/1022/HA06A22CEAA.pdf 中纪委to investigate 中石化's oil trade with angola (may involve 蘇樹林) http://www.hkcd.com.hk/pdf/201510/1022/HZ20A22CZGG.pdf
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