Archive for February 2021
Angola: President João Lourenço’s balancing act reaches tipping point
As President João Lourenço aptly put it in his end-of-year address, 2020 “was not a good one” for Angola. Low oil prices coupled with the sudden onslaught of the coronavirus pandemic almost brought Africa’s second largest oil exporter to its knees. As lockdown restrictions were imposed, and demand for black gold on the global market…
Read MoreZambia: IMF debt talks unlikely to stop Lungu from trying to pawn copper to China
Discussions on debt restructuring underway between Zambia and the International Monetary Fund (IMF) will do little to disrupt the political agenda of President Edgar Lungu as he prepares for elections in August.
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