Portugal Appeals to Angola for Funds

In the FT:

Portugal, struggling to comply with the terms of a €78bn financial rescue package, is encouraging oil-rich Angola to invest in its debt-stricken economy, highlighting a reversal of roles with few parallels among European countries and their former African colonies...“A post-colonial role reversal on this scale is unprecedented,” said Paulo Gorjão, director of the Portuguese Institute of International Relations and Security. “The challenge is to make it mutually beneficial for both countries.”