Angola’s Paradox of Abundance

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Oil and diamonds typically hint towards a strong and robust economy. However, there is a noticeable disconnect between the mineral richness of Angola and the lack of Foreign Direct Investment. This incongruity lingers although the nation’s civil war ended in 2002, because the reconciliation process has not addressed the core issues that caused the war. Foreign investor and local stakeholder engagement in post-conflict Angola remains timid. This leaves civil society and economic agents unsatisfied with the political and economic landscape of Angola.  

Sergio Calundungo, Founder of Social Observatory of Angola, and Carlos Rosado de Carvalho, Journalist and Radio Host on MFM Radio, join Mvemba to discuss the “paradox of abundance” that Angola faces.