ANGOLA: SONANGOL RESHUFFLE PUTS ANTI-GRAFT CAMPAIGN INTO THE SPOTLIGHT

   Mon, 13 May 2019

The head of state energy giant Sonangol is replaced just as the company plans extensive asset divestments. There is ample precedent indicating that Angola’s new ruling elite is seeking to capitalise on positions of patronage, while the country’s embattled president is facing off ruling party rifts and the prospect of mounting unrest over IMF-mandated austerity measures. EXX Africa looks at what the changes at Sonangol mean for Angola’s political and economic prospects.