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"Readers will find a wide range of topics, from the simplest to the most sensitive, where the unknown is easily uncovered within the closed labyrinths of the State Budget figures, in the doubts raised by the frequent fluctuations in oil prices and their real implications and consequences. It will clarify uncertainties regarding the state of Angola’s public finances, the burden of external debt, and the harmful effects of the kwanza’s devaluation. Readers will certainly gain a new perspective on the true role of the National Bank of Angola and its endless, unexplained dilemmas, as well as on the actual qualifications of Angolan technical experts — unveiling the veils that hide the profitability (or lack thereof) of national state-owned enterprises. Ultimately, the book demystifies the difference between what is false and what is true in Angola’s national economy."
Foreword by Jacques Arlindo dos Santos
Author: João Armando
Publisher: Perfil Criativo – Edições
Publication Date: June 2025 (Pre-launch at the Lisbon Book Fair)
ISBN: 978-989-9209-14-5
Number of Pages: 232
Language: Portuguese
This edition is published with the High Patronage of: BNI Bank
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The book compiles editorial pieces written by João Armando during his tenure as Editor-in-Chief of Expansão, Angola’s leading weekly economic newspaper, between 2019 and 2021. This period, marked by intense structural changes, financial instability, and political reform, is captured in editorials that are not only bold and uncompromising but also deeply committed to journalistic truth and clarity.
A highlight of the book is its foreword by Jacques Arlindo dos Santos, a renowned Angolan writer, columnist, and former Member of Parliament. He praises the author’s ability to communicate complex economic issues with clarity, positioning the work as a valuable contribution to Angolan thought and literature:
“The editorials by João Armando are outstanding in their editorial quality (...). Under his leadership, Expansão has become a reference point in Angola’s economic journalism.”
From Angola’s public debt and currency devaluation to the role of the National Bank and the questionable profitability of state enterprises, the book offers readers a critical lens on Angola's socio-economic fabric — illuminating what is often hidden behind official narratives.
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