End of an era in Angola?
Angola's controversial leader has relinquished his post, but it's hard to tell whether this will herald a clean break with a murky past for the country and its state oil company
Angola's president, José Eduardo dos Santos, stepped down in August, following nearly four decades in power, during which the country's oil wealth expanded dramatically following the bloody civil war that ended in 2002. This produced little economic benefit for much of the country's still largely impoverished population, but many accusations of rampant corruption. At the time of writing, it was expected that Dos Santos' successor, following the 23 August presidential elections, would be 62-year-old defence minister João Lourenço, the candidate of the ruling Popular Movement for the Liberation of Angola (MPLA). Lourenço vowed to fight corruption, increase transparency and welcome foreign inve

Also in this section
11 March 2025
Investor certainty key to diversifying country’s oil and gas exports amid fresh talk of improving infrastructure to boost energy security
10 March 2025
Oil sands will be complemented by conventional and shale output growth and supply opportunities improved by the Trans Mountain Pipeline, but the tariff threat remains
10 March 2025
Political backbiting and slumping drilling activity point to further declines ahead of next year’s election
8 March 2025
Honouring the trailblazing women shaping the future of hydrogen