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.
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Banks play catch-up as Angola blossoms
August 4, 2008Strong 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 nation awakes
August 4, 2008Angola 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.
Angola's communications minister explains how the sector is emerging
August 4, 2008Minister of post and telecommunications Licínio Tavares Ribeiro tells Charlie Corbett how he is sorting out the communications mess left by Angola’s civil war.
Land of hope and caution
August 4, 2008Thoko Kaime, head of the Africa division of strategic intelligence company Exclusive Analysis, evaluates the opportunities and risks of investment in Angola.
Oil wealth fuels Angola resurgence
August 4, 2008Angola’s transformation from civil-war-torn state to booming oil producer has both bankers and fuel giants taking note.
The end of the beginning
August 4, 2008After 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.
The slow and steady road to prosperity
August 4, 2008The Southern African Development Community’s Trade, Industry and Investment Review 2007/08 provides a useful projection of Angola’s industrial future.
China listings delay tests foreign patience
July 1, 2008Despite talk of China allowing foreign companies to list on the Shanghai Stock Exchange, there has been little action. HSBC and others are getting frustrated by the wait, reports Michael Imeson.
Investors look eastwards
July 1, 2008While Africa’s oil and mineral-rich western regions dominate the headlines, Mozambique has slowly but steadily been turning investors’ heads towards the continent’s east coast. Charlie Corbett reports.