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#101 | |
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Registered User
Join Date: Apr 2005
Posts: 25,639
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Angolan luxury hotel network to be increased in 2007
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#102 | |
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Join Date: Apr 2005
Posts: 25,639
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ENP constrói pontes nas províncias do Zaire e da Huíla
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#103 | |
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Onshore drilling: Oil firms eye new frontier in Angola
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#104 | |
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Angola está em condições de erradicar a lepra
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#105 | |
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Duas mil casas para populações em zona de risco
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#106 | |
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Join Date: Apr 2005
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CNN promove imagens de Angola
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The broadcast called "Inside Africa" is a big slap in the face of every African. I no longer watch that! There is one report called "Africa Business Report" that is a joint venture between a South African media company and A British media company. They show many good and fresh reports on Africa!
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#107 | |
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Join Date: Apr 2005
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ENP gasta USD 38 milhões na construção de pontes
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#108 | |
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Join Date: Apr 2005
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Government Invests Over One Billion Dollars In PRESILD
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#109 | |
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Angolan government approves construction of Capanda-Lucala-Luanda power network [ 2007-01-26 ]
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#110 | |
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Angola: Huíla Province - About 600,000 Pupils to Study in 2007
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#111 |
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Proposal for a new "satelitte town" construction in Lubango 5000 housing units
Satelitte town will be replete with schools, medical centres etc. Due to the article it should take two years for completion. Read the news: http://www.angonoticias.com/full_headlines.php?id=10643 |
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#112 | |
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Comuna da Barra do Dande ganha 22 novas escolas em dois anos
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#113 | |
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Kuando Kubango: Governo reabilita 19 escolas em dois anos
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#114 |
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Asian boi
Join Date: May 2006
Location: Kuala Lumpur
Posts: 7,564
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OMG Angolan economy is expected to grow 26 % last year
Africa enjoys record economic growth afrol News, 2 May - Sub-Saharan Africa's economic growth is projected at 5.3 percent in 2006, the same rate as in 2005, according to the IMF's African Regional Economic Outlook. As last year, Angola is Africa's fastest growing economy, leading the trend of oil exporters growing faster than oil importers. Only in Equatorial Guinea, Seychelles and Zimbabwe, the IMF expects negative growth rates in 2006. Africa is in a state of record economic growth "thanks in part to prudent policies," according to the latest data released by the International Monetary Found (IMF) in its World Economic Outlook. Last year's strong growth is to be repeated this year, the forecast shows. The very high oil prices however are resulting in higher growth rates for oil producing nations and a somewhat lower growth for oil importing nations. The IMF report attributes the projected maintenance of relatively strong growth despite higher oil import prices, to "many countries' continued pursuit of prudent macroeconomic policies" and to strong global demand growth. "Higher growth in oil-exporting countries should offset slower growth in oil-importing countries," the Fund noted. In 2005, economic growth in sub-Saharan African oil exporting countries was measured at 6.8 percent of GDP, while it is expected to be at 8.0 percent this year. Simultaneously, African oil importers saw their economy growing by 4.8 percent last year, going back to a still comfortable 4.5 percent this year. Even when corrected by population growth, per capita growth in oil importing nations stands at 2.9 percent this year in Africa. As last year, the most impressing growth is to be measured in Angola this year. With a real GDP growth of 15.7 percent in 2005, Angola is set to speed up growth to an impressive 26.0 percent this year, according to the IMF. Also other oil exporters, including Nigeria, Congo Brazzaville, Cameroon, Chad and Gabon, are experiencing considerable growth this year. Equatorial Guinea is the only oil exporting country seeing detraction and can expect a negative growth of 1.1 percent. Among non-oil exporters, the picture is more differentiated. Strongest growth is expected in Malawi (8.3 percent), mostly connected to the poor country's bumper harvest this year, Mozambique (7.9 percent), Sierra Leone (7.4 percent), Congo Kinshasa and Cape Verde (both 7.0 percent). All these five countries will experience a much higher GDP growth that population growth, producing per capita growth between 3.9 (Congo) and 6.2 percent (Malawi). While the majority of African countries are performing well, a few are not able to connect to the current positive trend. Negative GDP growth is even foreseen in Zimbabwe (-4.7 percent, improved from -6.5 percent last year) and Seychelles (-1.4 percent, improved from -2.3 percent last year). Zimbabwe continues to struggle with its failed economic and agricultural reforms and an international boycott, while Seychelles struggles with too late reforms and a setback in the tourism sector. Several other countries however experience a negative trend when population growth is added to the IMF calculations, as there are more people to share economic goods among each year. As such, Guinea-Bissau experiences a positive development in GDP growth (2.6 percent), but per capita, the economy is still shrinking (-0.4 percent). Also the poor countries of Comoros, Lesotho and Niger see almost their entire economic growth eaten up by population growth. Despite the large overall growth, the IMF was not satisfied with the registered numbers. For poverty in the region to be halved by 2015 - the UN's millennium aim - a real GDP growth rate of 7 percent is required for Africa at large. Only five countries were close to that aim in 2006, the Fund noted. Especially the slow growth (4.5 percent) in oil importing countries disappointed the Fund. In presenting the report to the press last week, the IMF's Abdoulaye Bio-Tchane, said "it is really not acceptable to see oil revenues increasing while poverty is increasing. That is the equation we have to solve, and I think [African] authorities, ourselves, the World Bank, and other donors ... need to find the right balance." Inflation in sub-Saharan Africa registered 10.7 percent in 2005, in part because of higher oil prices, and is expected to be largely stable in 2006 at 11 percent. It should decline in many countries but rise in others, including Zimbabwe, the only country with annual inflation in triple digits, according to the IMF. Stabilisation efforts in oil exporters Angola, Chad, and Nigeria should reduce inflation to less than 8 percent" in these countries. Fiscal deficits, including grants, are projected to worsen in more than half the oil-importing countries, notably Cape Verde, Ethiopia, Guinea-Bissau, and Kenya. According to the report, the reserve cover for oil importers should, on average, remain unchanged, but it is expected to fall in Burkina Faso, Comoros, Ethiopia, Guinea-Bissau, Rwanda, and Tanzania. Continuing high oil prices are expected to raise the fiscal and current account surpluses of oil-exporting countries. "However, this outlook is subject to risks," the IMF notes. "In oil-importing countries, fiscal and current account balances may come under pressure from higher-than-expected oil prices or lower-than expected prices for Africa's other commodities." "In several parts of the region, political uncertainties and fragile security threaten growth prospects, as does the possible spread of the avian flu. Moreover, millions of people in eastern and southern Africa are experiencing food shortages and urgently need humanitarian assistance," the Fund adds.
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visiting Mexico this April - really excited :) |
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#115 | |
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Registered User
Join Date: Apr 2005
Posts: 25,639
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I wish Nigeria had those figures!
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#116 | |
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Asian boi
Join Date: May 2006
Location: Kuala Lumpur
Posts: 7,564
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visiting Mexico this April - really excited :) |
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#117 |
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Son of Oduduwa
Join Date: Feb 2006
Location: Brisbane
Posts: 17,401
Likes (Received): 230
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I believe Nigeria had 6.9% growth in 2005, 7% in the 1st quater of last year and 6% overall, 7% growth is forecast for this year and Nigeria is expected to reach 19% economical growth in the next five years
![]() But this isn't about Nigeria is it . Angola is growing faster than a new born bay, and this is not only complimented by the forecasts but you can actually see the changes in the country, things have changed and have being changing ever since the end of the civil war. Angola just came out of nowhere, they must have a really good leader
__________________
TBITE stands for; Thriving Better In Things Essential In Architecture we find a way of celebrating Humanity and of raising ourselves above the concerns of the matter of fact - Jonathan Glancey Some of Nigeria's Football Achievements: Current African Cup of Nations Champions, Highest Ranked Football Team (In African Football History), Most African Cup of Nations Medals, Most World Cup Wins (CAF), Best Record (CAF-Olympics), Best Record (CAF-Youth) Best team in African Womens Football (Undisputed)
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#118 | |
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Registered User
Join Date: Apr 2005
Posts: 25,639
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Angola LNG Moves Forward
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#119 | |
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Registered User
Join Date: Apr 2005
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400 Million US Dollars invested this year in rehabilitation of provincial airports.
Angola investe 400 milhões de dólares na recuperação de aeroportos Quote:
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#120 | |
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Join Date: Apr 2005
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Reabilitação do troço Cacuso/Capanda orçada em mais de 30 milhões de dólares
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