Angola: Carrinho – the Sanctions Shadow Behind Angola’s Industrial Showcase

After examining how public contracts and sovereign guarantees have concentrated economic power in Angola (see the first part of this dossier), this second investigation looks at the international ties of the Carrinho Group — including partnerships with entities linked to sanctions proceedings in Europe — and the due-diligence and transparency questions that follow.

Carrinho’s business relationships with several international entities warrant heightened scrutiny, particularly given the lack of…