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Angola

Angola's stock exchange surges; Visa payment deal signed; Isabel dos Santos criticizes government

Angola's capital markets rally with trading volumes doubling to $3.16 billion, while the government formalized a Visa partnership to strengthen international payments. Meanwhile, opposition figure Isabel dos Santos expressed disappointment with President João Lourenço's governance, claiming Angola lacks direction.

Country basics

Population
36.2M
Capital
Luanda
GDP
$101.0B
Currency
AOA
Head of state
João Lourenço
Government
republic

Angola is a large Southern African nation on the Atlantic coast, bordered by Namibia, the Democratic Republic of the Congo, and Zambia, and including the oil-rich exclave of Cabinda. It has been governed since independence in 1975 by the People's Movement for the Liberation of Angola (MPLA), currently under President João Lourenço, who serves as both head of state and government in a presidential republic. Once dominated by a long civil war that ended in 2002, Angola today positions itself as a regional power broker, maintaining ties with China, the West, and neighbors such as the DRC, while holding influence in Lusophone and African diplomatic forums. Key fault lines for news readers include MPLA's long-running dominance and concerns over political opposition, governance, and lingering separatist sentiment in Cabinda.

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