Monday, Nov 29, 2021
Focus on the big picture

Angolan president sets out plan to overcome ‘economic storm’

FT, 22 Oct 2021
Angola's president João Lourenço tells the FT Africa Summit about his anti-corruption drive and discusses the oil-dependent country's newfound commitment to market reform, privatisation and economic diversification. In a rare interview at the presidential palace in Luanda, Lourenço acknowledges to FT correspondent Andres Schipani the ferocity of what he calls the economic 'storm', as the country is mired in a multiyear recession. But he says the economy is entering a period of greater 'bonanza' as reform and privatisation efforts kick in, underpinned by the IMF's largest-ever programme in Africa. Read more at

See if you get the FT for free as a student ( or start a £1 trial:

► Check out our Community tab for more stories on the economy.
► Listen to our podcasts:
► Follow us on Instagram:'
Related Articles