Natural Resources

MPLA rattled as Angola’s oil price plummets
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Politics and Society MPLA rattled as Angola’s oil price plummets

There’s a palpable sense of crisis in Angola, say observers of the country. That’s largely because of the plummeting price of oil, the mainstay of the economy. This is making it harder for ordinary people to make ends meet and so is stirring social discontent. It’s also making it harder for the MPLA (Popular Movement for the Liberation of Angola) government to finance the security apparatus and the patronage networks that have so far kept it in power, despite the rising discontent.

Exploiting minerals, exploiting communities
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Politics and Society Exploiting minerals, exploiting communities

History has seen many instances of the siphoning off of Africa’s riches, however, present-day culprits are not only from outside of the continent, but include unaccountable African officials and corporations. Foreign organisations collaborate with illegal transnational networks that facilitate the illicit flows of extractives from impoverished countries. The result is the persistence of grinding poverty in areas that appear to be blessed with plentiful resources.