Angola is Africa's second-largest producer of oil with substantial mineral resources. It has been impacted by ongoing structural concerns, including weak governance and transparency, limited infrastructure and skills, and social pressures. Lower oil pricing is also limiting government expenditure.
However, with robust private consumption despite higher inflation, opportunities exist in retail and telecommunications
, along with energy and minerals. However, the country must escalate investment and delivery in transport, power and infrastructure if it is to realise its potential.
- Population: 21 800 000
- Nominal GDP: USD133.9 billion
- Real GDP growth: 3.1%
- CPI: 8.6%
* 2015 forecast