Angola: domestic and foreign concessions to make

The Angolan government is determining what concessions to make for interest in the country’s hydrocarbons sector rising from domestic as well as foreign constituents. Concessions extended to foreign concerns would demonstrate economic governance reforms the government has initiated. Economic as well as political and security reforms would be highlighted should the Angolan government extend concessions to domestic concerns raised notably in the country’s hydrocarbons-rich Cabinda exclave. The Angolan government of President João Lourenço has initiated a diverse set of governance reforms in order to reverse a significant decline in politically informed economic activity. Lourenço, who succeeded José Eduardo dos Santos …

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