Our website use cookies to improve and personalize your experience and to display advertisements (if any). Our website may also include cookies from third parties like Google Adsense, Google Analytics, and Youtube. By using the website, you consent to the use of cookies.

Angola’s MPLA has been in power for nearly 50 years. The big challenges they must fix

Angola’s MPLA has been in power for nearly 50 years. The big challenges they must fix

ANGOLAN president João Lourenço, who has been returned to power with a greatly reduced majority, faces the challenging task of turning around the economy and improving the living conditions of the majority, particularly young people. The Angolan economy has been in bad shape since 2014 when oil prices declined. Oil looms large over the economy, accounting for more than 90% of exports, 56% of government revenues and almost 35% of overall economic output. Author CRISTINA UDELSMANN RODRIGUES, Senior Researcher, The Nordic Africa Institute Even some of its non-oil sectors such as construction and agriculture move in tandem with the oil…
Read More