Angola

Angola continues to draw in foreign investors thanks to its considerable economic growth potential and wealth of natural resources. Cotton production is set to resume in the Kwanza... 2008-06-02

Italian major Eni has announced an 'important' deepwater oil discovery offshore Angola in partnership with state-controlled Sonangol.

The Angolan authorities appear to be taking measures to reduce the risk of violent unrest at the upcoming September 2008 parliamentary elections. Home Affairs Minister Roberto Leal... 2008-05-01

BMI View: We have recently revised upward our average oil price forecast for 2008 to US$96.50/bbl from a previous US$87.50/bbl, for the OPEC basket. Given the dominance of oil in... 2008-05-01

BMI View: Comments made in April by Angola's industry minister corroborate two of BMI's key views on the Angolan economy: firstly, that diversification away from the oil sector... 2008-04-25

Angola is seeking to strengthen bilateral ties with Asian countries. In early April, Head of State Jose Eduardo dos Santos, met the Vietnamese leader Nong Duc Manh in Luanda to discuss... 2008-04-07

BMI View: Angola's foreign reserves are expected to continue rising over the coming years, primarily thanks to plentiful hydrocarbon revenues. We are forecasting reserves ending... 2008-04-07

The main opposition party in Angola, the National Unity for the Total Independence of Angola (UNITA), is reportedly seeking to form a coalition with other parties ahead of the parliamentary... 2008-02-27

BMI View: We concur with the government's view of double-digit growth in the coming years: BMI forecasts economic expansion of 15.5% in 2008, followed by 14.0% in 2009. The sustained... 2008-02-27

Angola's first Liquefied Natural Gas (LNG) plant is due for construction after US energy giant Chevron finalised the terms of the agreement with Angola's state-owned Sonangol. The... 2008-02-14