Unitel, Sonangol and Angola’s privatisation programme – disconnected?

July 13, 2020

One of the key objectives of the Angolan privatisation programme ‘PROPRIV’ set in motion by President Joao Lourenco, was to privatise Angola’s dominant mobile phone operator Unitel, which currently controls over 80% of Angola’s mobile market.¹ In 2019 key stakeholders signalled that the company would be listed on the Angola Stock Exchange and international providers […]

Leopoldino Fragoso do Nascimento, aka “General Dino”

February 4, 2020

Last Friday, 31 January 2020, the Provincial Court of Luanda in Angola issued a preventive seizure over some of the assets of Leopoldino Fragoso do Nascimento, aka “General Dino”, a key member of the “Futungo” or inner circle of former president José Eduardo dos Santos. An official announcement by the Attorney General on action against […]

ANGOLA: TOMORROW’S #1 DIAMOND PRODUCER?

January 7, 2020

Angola is the fifth largest diamond producer in the world and the third biggest in Africa. With diamond reserves estimated at 180 million carats, Angola could be on track to become the top producer and the government is putting plans in place to get there. 1. In a bid to fully reform the country’s diamond […]