Tag Archives: angola

Luanda, Angola | AFP |  Angolan President Jose Eduardo dos Santos on Monday sacked his finance minister Armando Manuel, the presidency announced, as the country battles an economic crisis caused by sinking oil prices. No reason was given for the dismissal of the 44-year-old London-educated minister who has held the …

  Ambassador Zachary Muburi-Muita, Kenya’s candidate for the post of Executive Secretary of the International Conference on the Great Lakes Region (ICGLR), has been endorsed by the heads of state. Confirmation of a new chief was one of several  ICGLR decisions taken their 6th Ordinary Heads of State and Government …

Luanda, Angola | AFP | The International Monetary Fund said Tuesday it had offered Angola $4.5 billion in loans as the country, which was wracked by civil war until 2002, has been badly impacted by falling oil prices. “Angola can receive a maximum $4.5 billion (4.0 billion euros)… the loan …

Luanda, Angola | AFP | Domingos Ngozulu shudders as he recalls the fate of his baby son. The child was born with breathing difficulties last December in a public paediatric centre in the Angolan capital of Luanda. Grimly aware of the shortages afflicting the country’s health system, Ngozulu, a handyman …

Washington, United States | AFP Angola said Wednesday it had asked the International Monetary Fund for help after the crash in oil prices ravaged government finances. The IMF said discussions would begin next week in Washington on what could be a three-year support plan for the government. “The sharp decline …