Source: CAJ News Africa |

Lavishness dents Lourenço’s drive to rid Angola of luxury (by Pedro Agosto)

The president declared corruption, nepotism and self-aggrandisement in Angola as “the number one public enemies”

As stated by Pedro Agosto AHEAD of his just-concluded trip to former colonial master Portugal, Angola President, Joao Laurenco, vehemently shot down assertions that he was wealthy. Since assuming leadership of the oil-rich Southern African country in 2017, he has portrayed himself as an opponent of opulence, backed by a…

Source: CAJ News Africa |

Debt-distressed African countries again look to International Monetary Fund (IMF) (by Akani Chauke)

Overall, public debt rose above 50 percent of gross domestic product (GDP) in some 22 countries at the end of 2016, up from ten countries in 2013

by Akani Chauke By the International Monetary Fund (IMF’s) own admission, there are circumstances where African governments’ debt levels are so high they become unsustainable, such that the scheduled debt service exceeds the capacity of the member to service it. This rings true for a number of countries in the Sub-Saharan…

Source: CAJ News Africa |

Joao Lourenco, the former defence minister selected by President dos Santos became his successor with over 61 percent of the vote, raised hopes of the restoration of human rights as he pledged to “govern for all Angolans” (from JEAN KASSONGO in Kinshasa, DRC)

It was anticipated the new administration would ensure accountability for past human rights abuses, protection of freedom of the media and respect for freedom of expression, assembly and association as well as curtailing abuses by security forces

from JEAN KASSONGO in Kinshasa, DRC Such hopes have turned to despair as the same repressive state apparatus namely "homem dos sete ofícios" who is known as the man who holds many hats in Angola: General Miala (Fernando Miala, who came to be arrested during the Presidency of José Eduardo…

Source: CAJ News Africa |

International terror financiers find a haven in Angola

Angola is also seen as a transit and destination point for illegal drug trafficking from South America

While they are in jail on allegations of financing the terror group, Hezbollah, the companies founded by these bank-rollers remain operational in Angola, the Southern African country that has earned a reputation as a refuge for international terror financiers. Among the designated funders of the Lebanon-based, Iranian-backed terrorist group to…

CAJ News Africa
Source: CAJ News Africa |

Disgraced Chinese tycoon building Angola’s new airport

Sam Pa, the 60-year-old businessman who is synonymous with controversy in the continent, is back in the spotlight in Angola

The construction of a new major airport in Angola is confirmation of a disgraced Chinese billionaire’s clutch on infrastructure projects in the economically-struggling Southern African country and his infamous influence in the continent’s political crises and human rights violations. Sam Pa, the 60-year-old businessman who is synonymous with controversy in the…

CAJ News Africa
Source: CAJ News Africa |

Angola worse off as hyped economic vision fails litmus test

Exactly a year after President Joao Lourenço assumed office and promised Angolans a so-called economic miracle, the Southern African’s economy is in dire straits

from PEDRO AGOSTO in Luanda, Angola EXACTLY a year after President Joao Lourenço assumed office and promised Angolans a so-called economic miracle, the Southern African’s economy is in dire straits, highlighted through downgrades by international credit rating agencies, downward revisions of growth forecast and plans by government to borrow. Recently,…

CAJ News Africa
Source: CAJ News Africa |

Despotic Djibouti a dragnet to Horn of Africa development

From Said Aboubaker in Djibouti, Djibouti

Despite its immense economic potential, owing to its strategic location, Djibouti risks becoming an island of poverty in a sea of wealth as investors make the most of a conducive atmosphere promoted by respective governments in the Horn of Africa region. The Horn of Africa, with an estimated population of…

CAJ News Africa
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Source: CAJ News Africa |

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CAJ News Africa
Source: CAJ News Africa |

Subsidies on school uniform mask deeper Djibouti anomalies

With unemployment rates in urban areas, at around 60 percent, a chronic problem, initial charges for uniforms were seen as astronomical

THE autocratic regime of President Ismaïl Omar Guelleh has yielded to public pressure to lower the price of uniforms for students at basic education level but this is seen as a smokescreen to divert attention from major issues afflicting the impoverished East African country.   Minister of Education, Moustapha Mohamed…

CAJ News Africa
Source: CAJ News Africa |

Impoverished Djibouti has nothing to show for its wealth

Economists warn that Djibouti’s debt is close to its entire GDP but Mr Guelleh has shown no sign of slowing down on the opulence

WITH vast amounts of aid flowing into government coffers and its strategic position boasting one of the busiest shipping lanes, Djibouti ought to be among the wealthiest countries in the African continent. However, the irony is that the tiny country situated in the eastern coast of Africa is among the…