Angola

BMI View: In our view, Angola in 2008 is set to see real GDP growth almost halve from 21.1% in 2007, albeit to a still-impressive 12.4% rate, as expansion in the oil sector slows.... 2008-09-23

China International Trust and Investment Corporation has broken ground for a housing project outside Angola's capital, Luanda. The project will reportedly cost an estimated US$3.5bn,... 2008-09-23

BMI View: The relatively peaceful passing of the September 5 legislative elections bodes well for short-term stability and investor confidence. We have revised up Angola's short-term... 2008-09-09

BMI View: The surge in inflation and money supply growth over May-July increases the odds of a revaluation of the Angolan kwanza at first glance. However, the medium-term trend for... 2008-08-20

BMI View: Opinion seems unanimous that Angola has strong potential for the production of diamonds, and stands to become one of the world's leading producers. However, corruption,... 2008-07-29

Angola's Prime Minister Fernando da Piedade Dias dos Santos said in late July that he was confident his party would keep its majority in parliament in the forthcoming elections in... 2008-07-29

BMI View: We believe real GDP growth will come in at 17.0% in 2008, driven by the twin engines of oil exports and infrastructure. Thereafter, economic expansion will slow to 13.4%... 2008-07-28

The Angolan authorities are taking steps to counter spiralling real-estate prices in the capital Luanda. A surge in population, investor interest and the lack of building materials... 2008-06-25

BMI View: Our core scenario is for a current account surplus of US$34.3bn (41.2% of GDP) in 2008 and US$25.5bn (23.2% of GDP) in 2009. However, ongoing activity in the diamond sector... 2008-06-25

BMI View: We are forecasting real GDP growth of 17.0% in 2008, followed by a still-strong 13.4% in 2009. The export sector will remain a key driver of growth over the medium term,... 2008-06-02