Angola

Shares in Cobalt International Energy fell as much as 11 per cent after news that three of the most powerful officials in Angola have held concealed interests in the Goldman Sachs-backed group’s oil venture in the African country. The fall, which wiped $900m off Cobalt’s market capitalisation, came after a Financial Times report detailed the interests.

Increasing violence and threats raise concerns about 2012 elections.

© Pambazuka Press

The first book to focus on China’s involvement in Angola presents perspectives from both countries.

An Angolan human rights group has said it is launching a campaign for the right to protest amid a state crackdown. Jose Patrocinio, Omunga co-ordinator, cited recent violent break-ups of demonstrations in Benguela, the capital Luanda and the oil-rich Cabinda enclave. The Benguela-based group also plan to hand a petition to the Supreme Court to stop lower courts from acting against jailed demonstrators.

The Secretary-General of Angolan opposition party Democratic Bloc (BD), Mr Filomeno Vieira Lopes, said he was brutalised by the police during a weekend protest demonstration. Mr Lopes told the Portuguese news agency Lusa that he had received medical treatment for three fractures on his left arm, a severe blow to the head, which required three stitches and for several bruises all over his body. He accused Angolan police of orchestrating the attack during a demonstration against the appointment...read more

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