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Angola’s oil comeback: Cautious optimism
Deepwater projects, which account for most of Angola’s oil production, are characterized by a long lead time between investment and production (source: dpa)
General info
What's inside
- In 2008, Angola appeared set to overtake Nigeria as Africa’s largest oil producer
- The oil price crash drastically reduced production, and the Angolan government failed to revive investment when prices rose again
- Reforms enacted under President Joao Lourenco could reverse this trend
Who will benefit?
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.
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