Angola
- Real Gross Domestic Product (GDP) growth is expected to improve substantially in 2012 and 2013 as oil fields come back into operation and new projects begin production.
- Angola’s main challenges are to improve the exchange rate system and public financial management.
- Unemployment affects chiefly the unskilled but there are a growing number of jobless young graduates.
Cooperation between the African Development Bank (AfDB) and Angola dates back to 1983. As of November 2012, the Bank Group had financed 33 operations valued at approximately US $474 million. Bank-funded projects are primarily in the areas of agriculture and rural development, environment, water and sanitation, and multi-sector. The Bank’s support is moving towards a knowledge institution, provider of high level advisory services including regional integration and private sector development agenda.
Knowledge Products
Project Portfolio
| Reference | Project | Status |
|---|---|---|
| P-AO-IE0-001 |
Capacity Building for Poverty Reduction Categories: Human and Social Development, Economic & Financial Governance |
OngoingOnGo |
| P-AO-CZ0-001 |
Support to Environment Sector Categories: Environment |
OngoingOnGo |
Contacts
Mr. Chiji Chinedum Ojukwu
African Development Bank Group
Temporary Relocation Agency (TRA)
P.O.Box 323-1002, Tunis-Belvédère, Tunisia
Tel: (216) 7110-2151
Location
Key Facts
| Flag: |  |
| Capital: | Luanda |
| Area: | 1,246,700 sq km |
| Total Population 2011: | 19.6 Million |
| Urban Population 2011: | 59.40% |
| Female Population 2011: | 50.50% |
| GDP: | US$ 103.9 Billion |
| GNI Per Capita 2010: | US$ 3,940 |
| Inflation Rate: | 13.50% |
| Crude Birth Rate (per 1000): | 40.80% |
| Human Development Index (rank / 187): | 148 |
| Human Development Index (scale 0 to 1): | 0.486 |
| Membership Date: | 23/06/1980 |
| Cumulative Approvals (1967-2011): | UA 374.3 Million |
