Angola's U$61.5 Billion Contracts By Presidential Decree. No Public Tender

26 February 2026
analysis

In Angola, major public spending decisions are often not announced in televised addresses or debated on the floor of Parliament. They appear instead in the Diário da República -- formal presidential decrees, written in technical language, authorizing contracts that can reshape entire sectors of the economy.

Between 2017 and today, at least US$61.5 billion has been approved through one such mechanism: simplified procurement.

That figure emerges from a review of 476 presidential decrees, drawn from more than 500 examined during President João Lourenço's two terms in office. It is not a complete accounting of all direct awards issued over eight years. It is a documented sample. Yet even as a partial record, it reveals the scale at which executive discretion has operated.

Of the 476 decrees analyzed, beneficiaries could be identified in 273 cases. In the remaining 203 -- representing 42.6 percent -- no beneficiary is publicly named.

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Those unidentified contracts account for US$25.69 billion, or 41.8 percent of the total validated amount.

The concentration of resources among certain actors is significant.

Among the largest aggregated beneficiaries identified:

  • Mitrelli Group, including state exposure through Luminar Finance credit lines: U$11.3 billion (18.37 percent of the analyzed total);
  • The government's drought-response program (PCESSA): U$4.3 billion (7 percent);
  • Omatapalo: U$2.77 billion (4.5 percent);
  • Gemcorp: U$2.5 billion (4.06 percent);
  • Odebrecht/OECI: U$2.486 billion (4.04 percent);
  • MCA: U$2.174 billion (3.53 percent);
  • Grupo Opaia: U$1.87 billion (3.04 percent);
  • Mota-Engil: U$1.3 billion (2.11 percent).

Together, the principal identified beneficiaries account for roughly 27.5 percent of the total value analyzed.

Some of these firms also appear as subcontractors in larger projects awarded to other entities, suggesting that financial concentration may extend beyond what is directly visible in the decrees.

In 95 cases, the justification cited is "external financing," representing U$25.7 billion -- again, 41.8 percent of the total reviewed.

Fifty-three contracts exceeding U$100 million account for 21 percent of the total value.

What the law defines as exceptional appears, in practice, to have become routine.

Simplified procurement is lawful under Angolan legislation. It exists to address urgency, strategic interest or specific financing arrangements. But when tens of billions of dollars are mobilized through executive decree -- frequently without public identification of the final beneficiary and without effective parliamentary scrutiny -- the question shifts from legality to institutional design.

Public finance in a republic is not simply an administrative function. It reflects political priorities and shapes national development.

In a country where poverty remains widespread and access to basic services is uneven, the concentration of fiscal authority at this scale carries consequences beyond budget lines.

The numbers do not, on their own, establish wrongdoing. They do, however, describe a governance model in which financial discretion is highly centralized and transparency uneven.

When US$61.5 billion can be committed primarily by presidential decree, the issue is not only who received the funds. It is how power is structured and how far it reaches.

The numbers alone do not establish illegality. They do not, by themselves, prove corruption.

But they reveal something equally consequential: a system in which fiscal authority is concentrated at the apex of executive power, where exceptional procedures have become routine and where tens of billions can be committed with limited public visibility.

In any functioning democracy, scale demands scrutiny.

When U$61.5 billion can be authorized primarily by decree -- with substantial portions lacking publicly identified beneficiaries -- the debate can no longer be confined to procurement rules.

It becomes a question of limits. And when limits fade, institutions do not collapse overnight. They erode -- quietly, incrementally, by decree.

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