By REUTERS ZURICH, July 13 (Reuters) – Swiss authorities have released around $60 million of funds seized in an investigation into the suspected laundering of money diverted from Angola’s sovereign wealth fund and its central bank, federal prosecutors said on Friday. Switzerland’s Office of the Attorney General (OAG) opened criminal proceedings in April in response…

By Africanews Angolan president João Lourenço addressed the European Parliament in Strasbourg on Wednesday. It was the first time an Angolan head of state spoke in the Chamber before Members of the EU Parliament. Maintaining democratic institutions, investing in basic care, fighting corruption and opening up to foreign investment dominated the president’s speech. “Children of…

Fonte: Amnesty International Afonso S. Muatchipuculo (22 anos), António J. Fernando (18 anos) e Justino H. Valente (21 anos), alunos do ensino secundário, foram condenados a sete meses de prisão pelo Tribunal Provincial de Malange em Angola, no dia 9 de Abril, após um julgamento injusto. Os três foram presos no dia 4 de Abril…

By Ghana News The director of the United Nations Development Program (UNDP) in Angola, Henrik Laresen, on Thursday in Luanda called for the implementation of good corporate social responsibility principles for the country’s growth. Laresen made this call to the participants in the “First Forum on Social Responsibility”, organized by the Angolan company The Bridge…

By Stephen Eisenhammer LUANDA (Reuters) – Angola’s sovereign wealth fund has applied to a UK court to order banks to reveal information, another move in its dispute with its former boss, the son of long-serving ex-leader Jose Eduardo dos Santos, and the asset managers hired under him. President Joao Lourenco, who took over when dos…

chinaafricaproject.comchinaafricaproject.com Photo By Yinka Adegoke, Quartz Africa editor The Angolan newspaper Expansão had an intriguing front page cover this week. It declared, “Every Angolan owes $745 to China.” It also listed debt to other countries, but debt to China was more than seven times what’s owed to the next creditor, Israel. By some estimates Angola…

Os jovens pertencentes ao auto-denominado “Movimento Revolucionário” anunciam para o dia 27 de Maio, uma manifestação, no “Largo 1º de Maio”, em Luanda, para “exigir justiça, fim de assassinatos no país e respeito as liberdades dos cidadãos consagradas na Constituição da República de Angola”. Texto: Rádio Angola Segundo os subscritores da carta endereçada ao Governo…

By Friends of Angola The Friends of Angola became aware of the arrest and subsequent sentencing of the young protesters Afonso Simon Muatchikukulu, Justin Horacio Antonio Valente and António José Fernando, accused of public damage and injuries against public authorities under the law of crimes against state security ” as suggested by the judge Ilda…

By IMF Mr. Tao Zhang, Deputy Managing Director of the International Monetary Fund (IMF), issued the following statement today: “We have received a letter from the Angolan authorities for IMF staff to initiate discussions on an economic program that could be supported by the Policy Coordination Instrument (PCI). [1] “The Government of President Lourenço has…

Port Louis (Reuters) – Mauritius has frozen bank accounts and suspended business licenses linked to Quantum Global Investment Management, a firm through which Angola’s sovereign wealth fund invests much of its cash, according to a court document and a regulatory source. Quantum Global, which said it was cooperating with authorities, is run by Jean-Claude Bastos…

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