Angola's new path

Angola report cover

Angola seeks an end to oil dependence

Angola seeks an end to oil dependence

May 1, 2014

Angola’s impressive post-war development continues apace. But as oil production stagnates, the government is under greater pressure than ever to diversify the economy and create jobs. 

José de Lima Massano

Angola's CBG reforms his way to stability

May 1, 2014

Angola’s central bank has carried out a wave of reforms in recent years to improve its monetary policies and modernise the banking sector. And its governor, José de Lima Massano, says there is still more to come.

Angola makes its business case

Angola makes its business case

May 1, 2014

Angola’s government has launched several initiatives to boost the country's non-oil sectors. Some of these, including a hike in import tariffs in March, have proved controversial, while the business environment remains tough by global standards. But investors think the country still has plenty going for it.

Angolan banks learn from their excesses

Angolan banks learn from their excesses

May 1, 2014

Angola’s banking sector has been hit by a recent rise in non-performing loans, a legacy of reckless lending in the past decade. But bankers are optimistic that the worst is over. 

Reforming Angola's macroeconomy

May 1, 2014

Angola’s government has been praised for its macroeconomic reforms of recent years, but more are needed to accelerate economic diversification, and public financial management still needs to be strengthened.

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