Angola: confidence, oil & gas, and political-economic decentralization

Summary The Angolan government’s decentralization of political and economic competencies to provincial and municipal jurisdictions notably includes crude oil and natural gas responsibilities and intends to convey a regime conducive to investor confidence and commitments. Analysis The Angolan government inaugurated October 29 the decentralization of substantial political-economic competencies from central to provincial and municipal authorities. The decentralization effort, which notably includes crude oil and natural gas responsibilities, is a significant shift in the pattern of Angolan governance and is intended to increase investor confidence and commitments. The ceremony to transfer administrative competencies to provincial and municipal governments is to be …

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