businesses will combine AI’s efficiency

The shift from labour-intensive services to AI-driven software is already underway with profound implications. AI will not just assist service-based industries, but also replace traditional workflows with automated alternatives. However, rather than eliminating human roles, AI will redefine them, and possibly adjunct them. The most successful busin

read more

environment, capacity constraints

Economic growth in 2024 was fuelled by significant expansion on the demand side. With relatively favourable conditions for commodity exports and a positive outlook of the near future, the state budget revenue and grants increased by 28.7 per cent from 2023, reaching a historic high of 31.4 trillion Mongolian togrog (US$9.1 billion). Budget expendit

read more

shifting its industrial structure

suppliers of oil, Angola’s shipments to the latter have been declining partly because of the renegotiation of the Lourenço government’s debt with China. Worse still, China’s robust demand for oil will face limits. China has been shifting its industrial structure from resource intensive construction and manufacturing to services and consumpti

read more

manner that remained opaque

in chronic poverty and have not been able to benefit from the oil sales. Corruption and social injustice exacerbated civil unrest and led to protests against both Angolan authorities and Chinese companies. The dos Santos administration, however, restricted the activities of media organizations and journalists, silencing criticism of China’s growi

read more

investments in the latter’s oil

A brief review of China-Angola relations and Chinese investments in the latter’s oil sector since the end of the Angolan Civil War is useful. In 1975, Angola gained independence from Portugal when the Popular Movement for the Liberation of Angola (MPLA) seized control of the capital Luanda and its oil resources and declared independence. Angola t

read more