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Angola

Angola Articles

Economy

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


Economy

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


Economy

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


Industry

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


Economy

As part of the Angolan government's programme to improve the supply of basic social services to the population over 2007-2008, the head of the parliamentary delegation of the 2nd,... 2008-02-05


Economy

BMI View: We believe Angola will maintain a strong balance of payments position thanks to its oil sector, enabling the continued accumulation of foreign reserves. Import cover (of... 2008-02-05


Economy

BMI View: We envisage Angola maintaining double-digit real GDP growth in 2008, with a rate of 15.5% forecast. The export sector, especially oil and precious gems, will be the driving... 2008-01-04


Economy

According to a report from Angola's state-run news agency ANGOP, the Council of the Republic (a body set up to make contributions to political evolution) recommended on December... 2008-01-03


Economy

BMI View: News that Angola is to develop its liquefied natural gas sector in conjunction with a consortium of international oil companies, bodes well for the already-strong current... 2007-12-13


Economy

BMI View: Despite the expansionary bent of the 2008 budget, we anticipate single-digit inflation in the years ahead. We are encouraged by news that state oil producer Sonangol is... 2007-11-27

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