Thanks to its oil reserves, Angola has gone from an economic basket case to sub-Saharan Africa’s third biggest economy in just 10 years. Production is expected to continue rise steadily until 2020 when, if the most optimistic predictions about the country’s pre-salt reserves prove accurate, its output could skyrocket.
Latest articles from Angola
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Angola revives Eurobond plans
Following a period of strong economic growth, Angola has announced plans to launch its debut Eurobond.
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Angola seeks diversity to cure its oil headache
Angola, one of Africa's economic success stories over the past decade, is keen to diversify its economy beyond oil. But are investors interested?
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FDI into Angola continues downward trajectory in 2011
Inward foreign investment levels in Angola decreased for the third year in a row in 2011, thanks in part to dwindling investment in the coal, oil and natural gas sector.
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Bahrain and Angola boost
Angola and Bahrain have been two of the Middle East and Africa’s biggest recipients of FDI over the past few years, despite the global economic downturn.
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