Latest articles from Angola

Standard Chartered ups Africa game

Standard Chartered pushes further into Africa

July 1, 2013

Standard Chartered already has one of the largest African businesses among banks from outside the continent, but it still wants to increase its operations there substantially in the next few years. Diana Layfield, its chief executive for Africa, tells Paul Wallace how.

Oil bonanza keeps flowing

Angola's oil bonanza keeps flowing

May 1, 2013

Oil looks set to dominate Angola's economy in the medium term and potentially longer if pre-salt discoveries prove as lucrative as optimists hope. But new regulations in the US and Europe could shake up the industry, while the government hopes to develop gas exports and the mining sector.

Angola

Changes loom for booming Angola

May 1, 2013

Angola has recovered quickly from its slump four years ago and regained its position as one of the world’s most buoyant economies. But despite that, the country's ruling party will have to adapt to the changing expectations of Angolans, for many of whom peace is no longer enough. 

Luadna

Angola: an economy in progress

May 1, 2013

Angola’s government has won plaudits for its macroeconomic reforms since the 2009 crisis, but plenty more are needed to lure foreign investment and modernise what is still one of the world’s toughest business environments.

Millenium Bank headquarters

A new landscape for Angola's fast-growing banks

May 1, 2013

Life for Angola’s banks is getting harder, thanks in no small part to falling interest rates and new taxes. But, as the country's economy continues to perform impressively, growth opportunities will remain. The challenge will be to make sure that this growth is sustainable. 

TEASER-Angola CBG looks to use oil wealth wisely

Angola CBG looks to use oil wealth wisely

February 1, 2013

The head of Angola’s central bank – The Banker’s central bank governor of the year for Africa – discusses the development of the oil-rich country’s rapidly growing financial sector and whether the government plans to open up to foreign portfolio investors. 

African banks seek expansion beyond home markets

African banks seek expansion beyond home markets

May 1, 2012

African banks are increasingly looking outside of their domestic markets, and many of the continent's biggest lenders are now active in multiple countries, buoyed by greater access to vast unbanked populations and a more stable political environment.

Oil wealth moves Angolan economy to a new stage

Oil wealth moves Angolan economy to a new stage

April 27, 2012

Angola’s vast oil reserves have helped it rebuild its shattered infrastructure and become one of the world’s fastest growing countries. But the country needs to develop the rest of its economy quickly to reduce its vulnerability to a fall in oil prices and tackle its high levels of poverty.

Angolas oil industry eyes deep water riches

Angola’s oil industry eyes deep water riches

April 27, 2012

The discovery of vast oil reserves off the shore of Angola has significantly improved the country's economic outlook, with the government licensing the exploration and structuring the taxation of production in such a way that profits from the oil will filter down to benefit the entire population.

Game changers loom for Angolan banks

Game changers loom for Angolan banks

April 27, 2012

Angola’s banks are likely to grow faster than any others in Africa over the next decade, and they are also among the continent’s most profitable. But they will have to start innovating as increased competition and new regulations look set to make their presence felt.

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