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A nation awakes
Manuel Nunes Júnior, secretary for economic policy and social policy, MPLA
Angola has suffered death, displacement, conflict, poverty and hyper-inflation since gaining independence in 1975. But its brutal 27-year civil war ended in 2002 and a booming oil sector is helping the country transform itself. Charlie Corbett reports from Luanda.
The end of the beginning
José Pedro de Morais, Angola’s minister of finance
After six years overseeing the phenomenal growth of Angola’s economy, minister of finance José Pedro de Morais can look back on a job well done. He spoke to Charlie Corbett in Luanda about the country’s next phase of growth and the challenges that remain.
Banks play catch-up as Angola blossoms
José de Lima Massano, chief executive, Banco Africano de Investimento (BAI)
Strong growth and an influx of foreign players mean Angola’s fledgling banking sector is facing many new challenges. Charlie Corbett canvassed the chief executives of some of Angola’s biggest banks to get a taste of how the sector is developing.
A disciplined fight against inflation
Amadeu de Jesus Castelhano Mauricio, governor of Banco Nacional de Angola (BNA)
Angola’s central bank was faced with economic chaos at the end of the civil war in 2002. Inflation was rampant and the local kwanza currency was crippled. Charlie Corbett spoke to the bank’s governor in Luanda about rebuilding a shattered economy.
Oil wealth fuels Angola resurgence
Angola’s transformation from civil-war-torn state to booming oil producer has both bankers and fuel giants taking note, write François Misser, Kevin Godier and Jon Marks.
Calls come through
Minister of post and telecommunications Licínio Tavares Ribeiro tells Charlie Corbett how he is sorting out the communications mess left by Angola’s civil war.
The slow and steady road to prosperity
The Southern African Development Community’s Trade, Industry and Investment Review 2007/08 provides a useful projection of Angola’s industrial future.
Land of hope and caution
Thoko Kaime, head of the Africa division of strategic intelligence company Exclusive Analysis, evaluates the opportunities and risks of investment in Angola.
Spotlight on investment trends
During the past five years, Angola has emerged as a prosperous fossil fuel and manufacturing investment arena, according to fDi Intelligence data.
