Historically, enterprises purchased software systems that human professionals then produced their work on top of, with these professionals being the primary drivers of work. These software systems became ‘Systems of Record’ (SOR), with enterprise knowledge and memory encapsulated within them, and business continuity preserved via their persiste

But the agricultural sector, which accounted for around 10 per cent of GDP, contracted by 25 per cent in the first three quarters of 2024. This decline is attributed to severe winter and spring weather conditions, known as the ‘Dzud’, which led to the loss of 8.1 million animals — 12.5 per cent of total livestock. Total exports increased mode

Furthermore, China is increasingly looking to the Middle East and Russia for its oil imports. Angola’s oil supplies to China are on the decline. In 2006, Angola overtook Saudi Arabia, albeit temporarily, to become the number one supplier of oil to China. Afterward, Angola supplied as much oil to China as did Saudi Arabia. In recent years, however

to form an exclusive social circle. This group was often called Futunguistas, after the name of one of dos Santos’s presidential palaces. They monopolizing the wealth of Angola’s economic growth. The Chinese SOEs that conducted business in Angola developed personal relationships with the Futunguistas. Contracts between Chinese companies and Ang

and shipments have begun to decline. The “Angolan model” of collateralizing oil for loans has become increas- ingly difficult to sustain. Angolan President João Manuel Gonçalves Lourenço, who took over in 2017, has taken new initiatives during the economic recession and cracked down on the previous administration and its corruption, seeking