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Angola Part 2

The original report was published in the Bloomberg Businessweek on Monday, June 6, 2011
Finance | Africa | Angola
Alvaro Sobrinho, CEO of Banco Espirito Santo Angola (BESA)
BESA’s green banking
When UNESCO named Banco Espirito Santo Angola (BESA) “Bank of the Planet” in 2009, it was in recognition of the bank’s achievements as well as a sign of positive things to come.
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Agriculture | Africa | Angola
Before 1975, Angola was the world’s fourth-largest coffee exporter
The road to diversification
Angola’s agriculture sector grew 29% in 2009, entering a new stage and becoming a key priority on the government’s agenda in diversifying the nation’s oil- and diamond-based economy
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Agriculture | Africa | Angola
A time for healing and growing
Aldeia Nova is a visionary project with a twofold mission: to afford displaced Angolans jobs, and to boost the country’s agricultural backbone
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Industry and Trade | Africa | Angola
Dr. Mefira Adamou, Director General of Luo
Luo diamond mine beats challenges
The commitment of a consortium at Luo to unearth the maximum potential of Angola’s massive kimberlite deposits is backed by major investment and combined international experience
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Industry and Trade | Africa | Angola
Q&A with Antonio Carlos Sumbula, Chairman of Endiama
Exceptional quality and sustainable, ethical production set Angola’s diamond industry apart
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Industry and Trade | Africa | Angola
Diamond Security Corps
One measure the govern-ment took in 2004 to fight illegal diamond trafficking was to set up the Diamond Security Corps, or CSD.
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Industry and Trade | Africa | Angola
President Jose Eduardo dos Santos is moving the nation toward a more diversified economy
A striking natural phenomenon
An abundance of energy resources, including oil derivatives, considerable hydroelectric potential, huge reserves of natural gas, and vast, fertile territory for agriculture power one of Africa’s brightest stars
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Agriculture | Africa | Angola
Water, the next oil
With 47 watersheds and the largest water-flow rate in Africa, Angola’s powerful rivers hold the potential to generate 18 GW of energy.
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Industry and Trade | Africa | Angola
Escom, a sustainable model to follow
The conglomerate is fully committed to adding value to Angola’s natural resources in a sustainable manner that will bring wealth and development to the nation
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Industry and Trade | Africa | Angola
Diamonds: a glittering recovery
Exceptional quality and sustainable, ethical production set Angola’s diamond industry apart
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Industry and Trade | Africa | Angola
Endiama forecasts production of 9 million carats this year
Made in Angola
Quality, sustainability, commitment, assurance, and value are the hallmarks of the “Diamonds of Angola” brand
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Vista Reports

LOCATION:
Southern Africa, bordering the South Atlantic Ocean, between Namibia and Democratic Republic of the Congo

AREA:
total: 1,246,700 sq km
country comparison to the world: 23
land: 1,246,700 sq km
water: 0 sq km

AREA - comparative:
slightly less than twice the size of Texas

CLIMATE:
semiarid in south and along coast to Luanda; north has cool, dry season (May to October) and hot, rainy season (November to April)

POPULATION:
13,338,541 (July 2011 est.)
country comparison to the world: 70

CAPITAL:
name: Luanda

GDP - composition by sector:
agriculture: 9.6%
industry: 65.8%
services: 24.6% (2008 est.)

AGRICULTURE - products:
bananas, sugarcane, coffee, sisal, corn, cotton, manioc (tapioca), tobacco, vegetables, plantains; livestock; forest products; fish

INDUSTRIES:
petroleum; diamonds, iron ore, phosphates, feldspar, bauxite, uranium, and gold; cement; basic metal products; fish processing; food processing, brewing, tobacco products, sugar; textiles; ship repair

EXPORTS:
$50.59 billion (2010 est.)
country comparison to the world: 55
$40.83 billion (2009 est.)

EXPORTS - commodities:
crude oil, diamonds, refined petroleum products, coffee, sisal, fish and fish products, timber, cotton

EXPORTS - partners:
China 37%, US 24.5%, India 8.7%, France 8.3% (2009)