ANGOLA: PRIVATISATIONS LIE AT THE HEART OF DEBT REDUCTION AND ECONOMIC RECOVERY

   Tue, 24 September 2019

A sprawling IMF-backed privatisation programme creates exceptional opportunities for investors across diverse sectors. State assets selloffs may also be the only course for Angola to reduce its massive public debt burden, to diversify away from the oil sector, and to slip out of an extended recession. Yet tenders and auctions will need careful management, transparency, and accountability to have their desired effect.