Sonangol China oil scheme: Billions 'diverted' in Angola

A syndicate founded by well-connected Cantonese entrepreneurs and their African partners, including Sonangol's chairman and tipped-to-be next President of Angola Manuel Vicente, may have taken control of one of China's most important trade channels and diverted billions of dollars to a few dozens of pockets, an article on The Economist suggests. 'Operating out of offices in Hong Kong’s Queensway, the syndicate calls itself China International Fund or China Sonangol. Over the past seven years it has signed contracts worth billions of dollars for oil, minerals and diamonds from Africa. These deals...

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Renewed fears of civil war in Mozambique

RENAMO leader Afonso Dhlakama has warned that Mozambique could be 'divided in little pieces' if the FRELIMO Government doesn't enact a 'departization' of the State. In an exclusive interview to the Portuguese news agency Lusa and the Lisbon based weekly newspaper SOL, Dhlakama declared that 'democracy is disappearing' in Mozambique.'There's no party alternation.(...) A Government of transition should 'departize' the State. Nowadays, even a school student needs to attend a FRELIMO rally to progress. We want to end this in a peaceful fashion. If they don't accept that, Mozambique will be cut in...

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