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Angola (Vol 4, 2007)

in Africa Yearbook Online
Author:
Steve Kibble
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(5,352 words)

The government again used the Angolan political economy to consolidate its power. The presidency continued through its vast patronage network to ensure dominance, despite little improvement in the condition of the people. Angola's massive oil revenues, high oil prices, economic growth, access to Chinese and commercial loans, invulnerability to outside or internal pressure plus good relations with the US continued to afford it a good deal of autonomy. Inflation was the lowest in decades. Angola sought to improve its world standing and overcome its reputation for lack of transparency, corruption and military meddling in neighbouring countries. It sees itself as a regional player between Nigeria and Pretoria/Tshwane. Although Angola became China's biggest oil supplier, relations with Beijing cooled off somewhat.

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Africa Yearbook Online

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