Angola is an oil-rich nation located in southern Africa. The country has come
a long way since its civil war ended in 2002. Angola has managed to transform
its economy with a real GDP growth rate of 4.06 percent in 2013 projected
to reach 7.9 percent in 2014, the fifth biggest in Africa. This is an impressive
increase from 3.5 percent in 2011, due to the rise in oil prices (oil production
was 1.69 million barrels a day in May 2014) and the growth of 7.7 percent of
other non-oil sectors. The growth in GDP is also attributed to the start of the
Angola Liquefied Natural Gas project that will cost US$9 billion.
DW Angola
Development Workshop Angola