ON JUNE 9, hundreds of African government officials, business leaders and financiers will arrive in Lisbon to attend the 46th annual meeting of the African Development Bank.
There’s a historical and commercial logic in the Portuguese capital hosting the meeting. The European nation’s connection to Africa goes back to the 15th century when its sailors began exploring the continent’s coasts, eventually annexing territory in both the southwest and southeast.
Yet there’s a big irony, too, brutally demonstrating how the tables have turned for the country that built Europe’s first global empire.
With Portugal’s economy teetering on the brink of collapse, it is pinning its hopes of recovery on its former prized colonies, none more so than Angola. With its plight continuing to worsen, the AfDB meeting might yet degenerate into a cry for help from Portugal to the...
