Angola's Oil Giant 'Can't Even Afford Toilet Paper'?
Sonangol has reportedly seen its fortunes decline after President José Eduardo dos Santos' daughter, Isabel, took over the oil company.
Maka, 3 November 2016
Employees at the Angolan oil giant have flushed out some startling news about Sonangol's continued decline. Since President José Eduardo dos Santos put his daughter, Isabel… Read more »
The Angolan Oil Company (Sonangol)
ANGOP, 5 September 2016
The Angolan Oil Company (Sonangol) has categorically denied as untrue news published by a certain weekly, according to which it owes Usd 1.2 billion to Banco Millennium… Read more »
Maka, 21 July 2016
The task facing Angola's state oil company, Sonangol, as it adjusts to lower revenues during the slump in oil prices, is complicated by a stratospheric debt burden which gives… Read more »
Angola: National Oil Company's Debt Woes
Maka, 6 July 2016
Angola's state oil giant, Sonangol, is running out of time to prove it has a credible plan to repay US $13 billion in loans it obtained from a syndicate of European banks. Read more »