As Mozambique cracks the whip on officials and cronies allegedly involved in the multibillion-dollar debt scandal, string indications of deals between Angola and global companies involved in the scandal is increasingly bringing to question the credibility of President Joao Lourenco’s already-debatable drive against corruption and presents Angola as risky for foreign investors. View the original article here.
How do telecom operators and governments shut down an entire country’s connectivity? In Africa, where is the risk highest in 2019? And, what is the commercial and economic impact of the shutdowns? EXX Africa’s Robert Besseling provides the analysis. View the original article here.
Mozambique’s parliament has lifted immunity for its ex-finance minister Manuel Chang, detained in South Africa on a US-issued international arrest warrant. Investigators suspect a link to its Lusophone ally, Angola. View the original article here.
JOHANNESBURG — The last two years have been grim for internet access on the African continent, according to analyst Robert Besseling of risk-assessment firm EXX Africa, and the situation may be getting worse. In the last four weeks alone, no fewer than five African governments have temporarily shut down internet access amid political crises and unrest. View the original article here.
The Mozambican former finance minister loan saga is unfolding in domestic and international courts. Now there has been growing concerns of the involvement of a senior Angolan political leader in the scandal. This could be trouble for Angola as this risks the relationship with the IMF and the prospect for economic recovery this year. Robert Besseling, Executive Director of EXX Africa joins CNBC Africa for more. View the original article here.
The consultancy EXX Africa has warned that Angola may face reputational risks because the Angolan Ministry of Defense, when the current President was a minister, has made a deal of 495 million euros with companies involved in debt hidden in Mozambique. View the original article here.
La campagne anti-corruption conduite actuellement au pas de charge par le gouvernement d’Angola risque de souffrir des effets collatéraux du scandale des dettes cachées du. View original article here.
Angola has earned second place in the ‘Africa Investment Risk Report 2019’. The list is crowned by Ethiopia, and after last year’s first place, EXX Africa considers Angola to be a prime target for immediate opportunities in the oil sector in 2019. View the original article here.
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