Customer Logins

Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. Sign in to the product or service center of your choice.

Customer Logins

My Logins

All Customer Logins
S&P Global S&P Global Marketplace
Explore S&P Global

  • S&P Global
  • S&P Dow Jones Indices
  • S&P Global Market Intelligence
  • S&P Global Mobility
  • S&P Global Commodity Insights
  • S&P Global Ratings
  • S&P Global Sustainable1
Close
Discover more about S&P Global’s offerings
Investor Relations
  • Investor Relations Overview
  • Investor Presentations
  • Investor Fact Book
  • News Releases
  • Quarterly Earnings
  • SEC Filings & Reports
  • Executive Committee
  • Corporate Governance
  • Merger Information
  • Stock & Dividends
  • Shareholder Services
  • Contact Investor Relations
Languages
  • English
  • 中文
  • 日本語
  • 한국어
  • Português
  • Español
  • ไทย
About
  • About Us
  • Contact Us
  • Email Subscription Center
  • Media Center
  • Glossary
Product Login
S&P Global S&P Global Market Intelligence Market Intelligence
  • Who We Serve
  • Solutions
  • News & Insights
  • Events
  • Product Login
  • Request Follow Up
  •  
    • Academia
    • Commercial Banking
    • Corporations
     
    • Government & Regulatory Agencies
    • Insurance
    • Investment & Global Banking
     
    • Investment Management
    • Private Equity
    • Professional Services
  • WORKFLOW SOLUTIONS
    • Capital Formation
    • Credit & Risk Solutions
    • Data & Distribution
    • Economics & Country Risk
    • Sustainability
    • Financial Technology
     
    • Issuer & IR Solutions
    • Lending Solutions
    • Post-Trade Processing
    • Private Markets
    • Risk, Compliance, & Reporting
    • Supply Chain
    PRODUCTS
    • S&P Capital IQ Pro
    • S&P Global Marketplace
    • China Credit Analytics
    • Climate Credit Analytics
    • Credit Analytics
    • RatingsDirect ®
    • RatingsXpress ®
    • 451 Research
    See More S&P Global Solutions
     
    • Capital Access
    • Corporate Actions
    • KY3P ®
    • EDM
    • PMI™
    • BD Corporate
    • Bond Pricing
    • ChartIQ
  • CONTENT
    • Latest Headlines
    • Special Features
    • Blog
    • Research
    • Videos
    • Infographics
    • Newsletters
    • Client Case Studies
    PODCASTS
    • The Decisive
    • IR in Focus
    • Masters of Risk
    • MediaTalk
    • Next in Tech
    • The Pipeline: M&A and IPO Insights
    • Private Markets 360°
    • Street Talk
    SEE ALL EPISODES
    SECTOR-SPECIFIC INSIGHTS
    • Differentiated Data
    • Banking & Insurance
    • Energy
    • Maritime, Trade, & Supply Chain
    • Metals & Mining
    • Technology, Media, & Telecoms
    • Investment Research
    • Sector Coverage
    • Consulting & Advisory Services
    More ways we can help
    NEWS & RESEARCH TOPICS
    • Credit & Risk
    • Economics & Country Risk
    • Financial Services
    • Generative AI
    • Maritime & Trade
    • M&A
    • Private Markets
    • Sustainability & Climate
    • Technology
    See More
    • All Events
    • In-Person
    • Webinars
    • Webinar Replays
    Featured Events
    Webinar2024 Trends in Data Visualization & Analytics
    • 10/17/2024
    • Live, Online
    • 11:00 AM - 12:00 PM EDT
    In PersonInteract New York 2024
    • 10/15/2024
    • Center415, 415 5th Avenue, New York, NY
    • 10:00 -17:00 CEST
    In PersonDatacenter and Energy Innovation Summit 2024
    • 10/30/2024
    • Convene Hamilton Square, 600 14th St NW, Washington, DC 20005, US
    • 7:30 AM - 5:00 PM ET
  • PLATFORMS
    • S&P Capital IQ Pro
    • S&P Capital IQ
    • S&P Global China Credit Analytics
    • S&P Global Marketplace
    OTHER PRODUCTS
    • Credit Analytics
    • Panjiva
    • Money Market Directories
     
    • Research Online
    • 451 Research
    • RatingsDirect®
    See All Product Logins
Same-Day Analysis

Angolan Ceasefire Agreement Signed But Questions Remain

Published: 19 July 2006
Several claims had been made in the past couple of years over the potential acceptance of a ceasefire agreement between the separatist Cabindan movements and the Angolan authorities in Luanda, to no avail. After 31 years of resistance and aspirations for independence the fighting may be over.

Global Insight Perspective

Significance

The signings of a peace memorandum and a ceasefire agreement create a historic moment in the relationship between Angola and its Cabindan enclave, establishing the prospect of unity through dialogue for the first time in their three-decade-long war.

Implications

While the power struggle over the legitimacy of this peace process may not be settled, the seeds of change have been planted.

Outlook

Even if an armed opposition remains a viable threat to the unity deal, the peace memorandum will have created the institutions and communication channels that will allow for a necessary dialogue between Luanda and Cabinda.

Peace Memorandum

The small province of Cabinda, an enclave wedged on the Atlantic coast between the Republic of Congo and the Democratic Republic of Congo and physically separated from the rest of Angola, may have opened the door to peace. The controversial Antonio Bento Bembe, head of the prominent Cabindan Forum for Dialogue (FCD), has finally signed two crucial agreements with the government in Luanda, which could pave the way towards a normalisation process between the two warring factions.

The first, and most important, document, the peace memorandum was negotiated and signed in Brazzaville under the aegis of rotating African Union (AU) president, Denis Sassou Nguesso, who is also the Congolese president. The signing ceremony took place on Saturday (15 July) and included Angolan Territorial Administration Minister Virgilio Ferreira de Fontes Pereira and Bento Bembe. This document establishes five crucial principles for the transition to peace: amnesty for rebel fighters, the immediate cessation of hostilities, the demilitarisation of the Cabindan forces under the supervision of the FCD, the reduction of the Angolan military presence in Cabinda, and the reintegration of the FCD's members in the Angolan military and government.

This agreement was complemented by the signing of an ultimate ceasefire agreement on Tuesday (19 July), which is intended to commit the Cabindan separatists irreversibly to putting an end to armed struggle and engaging in dialogue. In exchange for peace, political and economic autonomy, which recognises the cultural specificity of Cabinda, will be engaged. The ceasefire enters into effect today.

Brewing Dissent

The peace process has entered a new and unprecedented phase in Cabinda. Prominent separatist leaders are for the first time agreeing to drop separatist aspirations and openly discussing peaceful negotiations over a Cabindan autonomy status within the Angolan state. Could this be a pipe dream? If we are to believe certain church leaders and Bento Bembe's Cabindan detractors, it is.

When Bento Bembe first announced the FCD's intention to sign a ceasefire agreement with the Angolan authorities in Luanda on 29 June, his initiative had already been disavowed (see Angola: 6 July 2006: Cabinda Leaders Reject Alleged Unity Deal with Angola). Again, voices of dissent were heard. The most vocal opponents to the deal have been Catholic Church leader, Raul Taty, and the leader of the Front for the Liberation of the Enclave of Cabinda (FLEC), Nzita Tiago. Both men have made it clear that they would not support the initiative as they reject Bento Bembe's authority and deplore the lack of inclusiveness with which the process has been carried out.

Outlook and Implications

The signing of the peace memorandum and the ensuing ceasefire agreement create a historic moment indeed for the relationship between Angola and its Cabindan enclave. It establishes the prospect of unity through dialogue for the first time in their three-decade-long warfare. Viewed from Luanda, even if Bento Bembe's support base is not all-inclusive, his support has already contributed to splitting and weakening the armed opposition and advances its goals for unity. From the perspective of the FCD leader, he has consolidated his position as Luanda's principal interlocutor for Cabinda. His reintegration into the Angolan government is almost complete and will allow him to reap the benefits that come with power in this oil-rich nation. Most importantly, this event has established a framework upon which to build peace. Even if an armed opposition remains a viable threat to the unity deal, the peace memorandum and its Cabindan allies will have created the institutions and communication channels that will allow for a necessary dialogue between Luanda and Cabinda.

While the power struggle for legitimacy within Cabindan civil society may not be over, the seeds for change have been planted. This lack of consensus within Cabinda's elite, however, will certainly threaten the implementation of the peace process. It is difficult to see how Luanda would agree to reducing its military presence in Cabinda if a viable armed force remains uncommitted to Bento Bembe's peace offering. The fact that Tiago's powerful FLEC openly criticises the unity deal should be viewed as a powerful source of instability in the short term. Interestingly enough, the voices opposed to Bento Bembe have not focused their attacks on the unity deal, but rather refer to the FCD leader's lack of legitimacy. This seems to indicate that civil society seems ready to accept offers on autonomy, just not when negotiated by a discredited Bento Bembe.

It should also be noted that the exact nature of the oil-revenue sharing scheme has not yet been defined and will certainly be an issue of the utmost contention. Cabinda produces approximately half of Angola's daily oil production. This represents a significant amount of money, and, with production set to increase rapidly in the coming years, will continue to be a source of a potential breakdown in the peace process.

It will be difficult to make an assessment of the impact that the recent ceasefire agreement will have on the security conditions in Cabinda until we are able to define the shape that the power struggle between the FCD leader and his detractors will take. What can be stated, however, is that the ceasefire will have a marginal effect on oil operations in Cabinda. The oil companies in the region are accustomed to warfare and have already instituted important security measures. If the ceasefire is successful it could allow oil companies to engage in land-drilling operations and could draw in further foreign investment for the development of Cabinda's fertile agricultural soil.

Related Content
  • Country Intelligence
{"items" : [ {"name":"share","enabled":true,"desc":"<strong>Share</strong>","mobdesc":"Share","options":[ {"name":"facebook","url":"https://www.facebook.com/sharer.php?u=http%3a%2f%2fwww.spglobal.com%2fmarketintelligence%2fen%2fmi%2fcountry-industry-forecasting.html%3fid%3d106599146","enabled":true},{"name":"twitter","url":"https://twitter.com/intent/tweet?url=http%3a%2f%2fwww.spglobal.com%2fmarketintelligence%2fen%2fmi%2fcountry-industry-forecasting.html%3fid%3d106599146&text=Angolan+Ceasefire+Agreement+Signed+But+Questions+Remain","enabled":true},{"name":"linkedin","url":"https://www.linkedin.com/sharing/share-offsite/?url=http%3a%2f%2fwww.spglobal.com%2fmarketintelligence%2fen%2fmi%2fcountry-industry-forecasting.html%3fid%3d106599146","enabled":true},{"name":"email","url":"?subject=Angolan Ceasefire Agreement Signed But Questions Remain&body=http%3a%2f%2fwww.spglobal.com%2fmarketintelligence%2fen%2fmi%2fcountry-industry-forecasting.html%3fid%3d106599146","enabled":true},{"name":"whatsapp","url":"https://api.whatsapp.com/send?text=Angolan+Ceasefire+Agreement+Signed+But+Questions+Remain http%3a%2f%2fwww.spglobal.com%2fmarketintelligence%2fen%2fmi%2fcountry-industry-forecasting.html%3fid%3d106599146","enabled":true}]}, {"name":"rtt","enabled":true,"mobdesc":"Top"} ]}
Filter Sort
  • About S&P Global Market Intelligence
  • Quality Program
  • Email Subscription Center
  • Media Center
  • Our Values
  • Investor Relations
  • Contact Customer Care & Sales
  • Careers
  • Our History
  • News Releases
  • Support by Division
  • Corporate Responsibility
  • Ventures
  • Quarterly Earnings
  • Report an Ethics Concern
  • Leadership
  • Press
  • SEC Filings & Reports
  • Office Locations
  • IOSCO ESG Rating & Data Product Statements
  • © 2025 S&P Global
  • Terms of Use
  • Cookie Notice
  • Privacy Policy
  • Disclosures
  • Do Not Sell My Personal Information