Sonangol, Unitel…Angola’s laborious privatisation process

By Estelle Maussion, Estelle Maussion

Premium badge Reserved for subscribers

Posted on January 13, 2023 08:43

 Sonangol’s headquarters, circa February 2020. © Osvaldo Silva/AFP
Sonangol’s headquarters, circa February 2020. © Osvaldo Silva/AFP

Undertaken by President João Lourenço of Angola since he ascended to power in 2017, this ambitious national privatisation programme has had its ups and downs.

Imagine a recovery ranging between $120m and $150m for a moment. This, according to the Portuguese press, is what the Angolan government, led by João Lourenço since 2017, seeks to recover through the privatisation of the public company currently in charge of the country’s 18 airports.

There's more to this story

Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.

Subscribe Now

cancel anytime