The levels of FDI into Angola decreased dramatically in 2011, with fewer investments made, lower levels of capital expenditure and fewer jobs created than in 2010. In 2011, there were 32 crossborder investments into the country, with less than $200m invested and an estimated 783 jobs created. In 2010, 43 FDI projects were recorded, more than $1.1bn was invested and more than 6600 jobs were created.

Indeed, FDI into Angola has been decreasing year on year since 2008. Capital expenditure reached a peak in 2008, with more than $11bn invested, but this figure dropped to $5.54bn in 2009 and to $1.1bn in 2010. Much of this decline can be attributed to the decreasing levels of FDI in the Angolan coal, oil and natural gas sector. In 2008, more than 1700 jobs were created in this sector through FDI, compared to more than 1000 in 2010, and only 13 in 2011. Similarly, more than $6bn was invested in the sector in 2008, a figure that declined to $77m in 2010, and $7m in 2011.

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