Africa Monitor

Africa Monitor Intelligence

Angola: Capital Flows Through Dubai Gains Strength Among Elite

The “direct” effect of feelings of insecurity created in strata of Angolan elites by “Portuguese complacency” in the area of justice, in the face of requests from Angolan judicial authorities, have been pointed out as a source of moves such as the withdrawal from Portugal of financial assets and/or the alienation of other, patrimonial, formed in the past, in confidence environments. There are also known cases of “retraction” to travel to Portugal. READ MORE