Angola : Investment Climate Assessment

Successive armed conflicts, which lasted almost three decades after independence, have devastated Angola and its economy. However, since the peace accord of April 2002, Angolans have begun a transition toward national reconciliation and lasting pea...

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Bibliographic Details
Main Author: World Bank
Format: Investment Climate Assessment (ICA)
Language:English
Published: Washington, DC 2012
Subjects:
AIR
M3
TAX
Online Access:http://documents.worldbank.org/curated/en/2007/10/10058404/angola-investment-climate-assessment
http://hdl.handle.net/10986/7915
id okr-10986-7915
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ABSENTEEISM
ACCESS TO CREDIT
ACCOUNTING
ACCOUNTING FRAMEWORK
AGRICULTURE
AIR
ANNUAL INFLATION RATE
ARBITRAGE
ARBITRATION
ARBITRATION LAW
BANKING SECTOR
BANKS
BENCHMARKS
BONDS
BOTTLENECKS
BRIDGE
BUDGET DEFICIT
BUDGET SURPLUS
BUSINESS ENVIRONMENT
BUSINESS INDICATORS
BUSINESS OPERATION
CENTRAL BANK
COLLATERAL
COLLATERAL LAW
COLLATERAL REGISTRIES
COLLATERAL REQUIREMENTS
COMMERCE
COMPETITIVENESS
CONSUMER
CONTRIBUTION
CONTRIBUTIONS
CONTROLLED PRICES
CORPORATE REGISTRIES
COST OF CREDIT
COSTS OF TRANSPORTATION
CREDIT BUREAUS
CREDIT INFORMATION
CREDIT POLICIES
CRUDE OIL PRICE
CUSTOM
CUSTOMS
DEBT
DEBTS
DECENTRALIZATION
DEEDS
DEVELOPMENT BANK
DEVELOPMENT STRATEGY
DISCLOSURE REQUIREMENT
DIVERSIFICATION
DOMESTIC CREDIT
DOMESTIC CURRENCY
DRIVERS
EARNINGS
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC MANAGEMENT
ECONOMIC OUTLOOK
ECONOMIC PERFORMANCE
ECONOMIC POLICIES
ELECTRICITY
ENTERPRISE DEVELOPMENT
EXCESS LIQUIDITY
EXCHANGE RATE
EXPORTER
EXPORTERS
EXPORTS
EXTERNAL DEBT
EXTERNAL DEBTS
EXTERNAL SHOCK
EXTREME POVERTY
FARES
FINANCES
FINANCIAL DATA
FINANCIAL MARKET
FINANCIAL SECTOR
FINANCIAL SERVICES
FINANCIAL SITUATION
FISCAL DEFICIT
FISCAL DEFICITS
FISCAL DISCIPLINE
FISCAL POLICY
FISCAL SURPLUS
FISCAL SUSTAINABILITY
FOREIGN CURRENCY
FOREIGN EXCHANGE
FOREIGN EXCHANGE MARKET
FOREIGN INVESTMENT
FULL-TIME EMPLOYEES
GDP PER CAPITA
GINI COEFFICIENT
GOVERNMENT BONDS
GOVERNMENT BUDGET
GOVERNMENT EXPENDITURES
GOVERNMENT REGULATIONS
GOVERNMENT REVENUES
GOVERNMENT SPENDING
GROSS DOMESTIC PRODUCT
GROWTH RATE
HOLDING
HOLDINGS
HOUSEHOLD INCOME
HUMAN RESOURCES
ILLITERACY
IMPORT LICENSE
IMPORT LICENSES
INDIRECT COST
INDIRECT COSTS
INFLATION
INFLATION RATES
INFLATIONARY PRESSURES
INFORMATION INFRASTRUCTURE
INFORMATION SYSTEM
INFRASTRUCTURE REHABILITATION
INSPECTIONS
INSTITUTION
INSTRUMENT
INTEREST RATES
INTEREST RATES ON LOANS
INTERNATIONAL COMPARISON
INTERNATIONAL COMPARISONS
INTERNATIONAL CRUDE OIL
INTERNATIONAL MARKET
INTERNATIONAL PRICES
INVENTORIES
INVENTORY
INVESTMENT CLIMATE
INVESTMENT CLIMATE ASSESSMENT
INVESTMENT CLIMATE ASSESSMENTS
LABOR MARKET
LARGE COMPANIES
LARGE FIRMS
LIMITED ACCESS
LIQUIDITY
LOAN
LOAN APPLICATIONS
LONG-TERM FINANCE
LOW INCOME
M3
MACROECONOMIC ADJUSTMENT
MACROECONOMIC CONTROL
MACROECONOMIC STABILITY
MACROECONOMIC STABILIZATION
MACROECONOMIC VARIABLES
MANUFACTURING
MARITIME TRANSPORT
MARKET ECONOMY
MARKET PRICE
MARKET SHARE
MEDIUM ENTERPRISES
MICROFINANCE
MONETARY FINANCING
MONETARY POLICY
NATIONAL INCOME
NATURAL RESOURCES
NOTARY
OIL PRICES
PERFORMANCES
PERMANENT EMPLOYEES
POLITICAL ECONOMY
POLITICAL STABILITY
POPULATION DENSITY
POPULATION GROWTH
POVERTY ALLEVIATION
POVERTY SITUATION
PRICE INCREASES
PRICE STABILITY
PRICE VOLATILITY
PRIVATE CREDIT
PRIVATE CREDIT BUREAUS
PRIVATE INVESTMENTS
PRIVATE SECTOR
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR PARTICIPATION
PRODUCT MARKETS
PRODUCTION FUNCTION
PRODUCTIVITY
PUBLIC EXPENDITURE
PUBLIC FINANCE
PUBLIC FINANCES
PUBLIC RECORD
PUBLIC SPENDING
QUESTIONNAIRE
RAILWAYS
RATE OF GROWTH
RATE OF INFLATION
RATES OF INFLATION
REAL ESTATE
REAL ESTATE REGISTRY
REAL EXCHANGE RATE
REAL GDP
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
REGULATORY REQUIREMENTS
RESEARCH ASSISTANCE
RESERVE
RESOURCE ALLOCATION
RESPONSIBILITIES
RESULT
RESULTS
RETURN
ROAD
ROADS
SALES
SANITATION
SECURITY SERVICES
SENIOR
SHORT-TERM FINANCE
SOCIAL SERVICES
STAKEHOLDERS
STREETS
TAX
TAX POLICY
TAX RATES
TAXATION
TOTAL FACTOR PRODUCTIVITY
TRADING
TRANSIT
TRANSMISSION
TRANSPARENCY
TRANSPARENT GOVERNANCE
TRANSPORT
TRANSPORTATION
TRUE
TURNOVERS
VALUE ADDED
WALKING
WAREHOUSE
WEALTH
WORKING CAPITAL
spellingShingle ABSENTEEISM
ACCESS TO CREDIT
ACCOUNTING
ACCOUNTING FRAMEWORK
AGRICULTURE
AIR
ANNUAL INFLATION RATE
ARBITRAGE
ARBITRATION
ARBITRATION LAW
BANKING SECTOR
BANKS
BENCHMARKS
BONDS
BOTTLENECKS
BRIDGE
BUDGET DEFICIT
BUDGET SURPLUS
BUSINESS ENVIRONMENT
BUSINESS INDICATORS
BUSINESS OPERATION
CENTRAL BANK
COLLATERAL
COLLATERAL LAW
COLLATERAL REGISTRIES
COLLATERAL REQUIREMENTS
COMMERCE
COMPETITIVENESS
CONSUMER
CONTRIBUTION
CONTRIBUTIONS
CONTROLLED PRICES
CORPORATE REGISTRIES
COST OF CREDIT
COSTS OF TRANSPORTATION
CREDIT BUREAUS
CREDIT INFORMATION
CREDIT POLICIES
CRUDE OIL PRICE
CUSTOM
CUSTOMS
DEBT
DEBTS
DECENTRALIZATION
DEEDS
DEVELOPMENT BANK
DEVELOPMENT STRATEGY
DISCLOSURE REQUIREMENT
DIVERSIFICATION
DOMESTIC CREDIT
DOMESTIC CURRENCY
DRIVERS
EARNINGS
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC MANAGEMENT
ECONOMIC OUTLOOK
ECONOMIC PERFORMANCE
ECONOMIC POLICIES
ELECTRICITY
ENTERPRISE DEVELOPMENT
EXCESS LIQUIDITY
EXCHANGE RATE
EXPORTER
EXPORTERS
EXPORTS
EXTERNAL DEBT
EXTERNAL DEBTS
EXTERNAL SHOCK
EXTREME POVERTY
FARES
FINANCES
FINANCIAL DATA
FINANCIAL MARKET
FINANCIAL SECTOR
FINANCIAL SERVICES
FINANCIAL SITUATION
FISCAL DEFICIT
FISCAL DEFICITS
FISCAL DISCIPLINE
FISCAL POLICY
FISCAL SURPLUS
FISCAL SUSTAINABILITY
FOREIGN CURRENCY
FOREIGN EXCHANGE
FOREIGN EXCHANGE MARKET
FOREIGN INVESTMENT
FULL-TIME EMPLOYEES
GDP PER CAPITA
GINI COEFFICIENT
GOVERNMENT BONDS
GOVERNMENT BUDGET
GOVERNMENT EXPENDITURES
GOVERNMENT REGULATIONS
GOVERNMENT REVENUES
GOVERNMENT SPENDING
GROSS DOMESTIC PRODUCT
GROWTH RATE
HOLDING
HOLDINGS
HOUSEHOLD INCOME
HUMAN RESOURCES
ILLITERACY
IMPORT LICENSE
IMPORT LICENSES
INDIRECT COST
INDIRECT COSTS
INFLATION
INFLATION RATES
INFLATIONARY PRESSURES
INFORMATION INFRASTRUCTURE
INFORMATION SYSTEM
INFRASTRUCTURE REHABILITATION
INSPECTIONS
INSTITUTION
INSTRUMENT
INTEREST RATES
INTEREST RATES ON LOANS
INTERNATIONAL COMPARISON
INTERNATIONAL COMPARISONS
INTERNATIONAL CRUDE OIL
INTERNATIONAL MARKET
INTERNATIONAL PRICES
INVENTORIES
INVENTORY
INVESTMENT CLIMATE
INVESTMENT CLIMATE ASSESSMENT
INVESTMENT CLIMATE ASSESSMENTS
LABOR MARKET
LARGE COMPANIES
LARGE FIRMS
LIMITED ACCESS
LIQUIDITY
LOAN
LOAN APPLICATIONS
LONG-TERM FINANCE
LOW INCOME
M3
MACROECONOMIC ADJUSTMENT
MACROECONOMIC CONTROL
MACROECONOMIC STABILITY
MACROECONOMIC STABILIZATION
MACROECONOMIC VARIABLES
MANUFACTURING
MARITIME TRANSPORT
MARKET ECONOMY
MARKET PRICE
MARKET SHARE
MEDIUM ENTERPRISES
MICROFINANCE
MONETARY FINANCING
MONETARY POLICY
NATIONAL INCOME
NATURAL RESOURCES
NOTARY
OIL PRICES
PERFORMANCES
PERMANENT EMPLOYEES
POLITICAL ECONOMY
POLITICAL STABILITY
POPULATION DENSITY
POPULATION GROWTH
POVERTY ALLEVIATION
POVERTY SITUATION
PRICE INCREASES
PRICE STABILITY
PRICE VOLATILITY
PRIVATE CREDIT
PRIVATE CREDIT BUREAUS
PRIVATE INVESTMENTS
PRIVATE SECTOR
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR PARTICIPATION
PRODUCT MARKETS
PRODUCTION FUNCTION
PRODUCTIVITY
PUBLIC EXPENDITURE
PUBLIC FINANCE
PUBLIC FINANCES
PUBLIC RECORD
PUBLIC SPENDING
QUESTIONNAIRE
RAILWAYS
RATE OF GROWTH
RATE OF INFLATION
RATES OF INFLATION
REAL ESTATE
REAL ESTATE REGISTRY
REAL EXCHANGE RATE
REAL GDP
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
REGULATORY REQUIREMENTS
RESEARCH ASSISTANCE
RESERVE
RESOURCE ALLOCATION
RESPONSIBILITIES
RESULT
RESULTS
RETURN
ROAD
ROADS
SALES
SANITATION
SECURITY SERVICES
SENIOR
SHORT-TERM FINANCE
SOCIAL SERVICES
STAKEHOLDERS
STREETS
TAX
TAX POLICY
TAX RATES
TAXATION
TOTAL FACTOR PRODUCTIVITY
TRADING
TRANSIT
TRANSMISSION
TRANSPARENCY
TRANSPARENT GOVERNANCE
TRANSPORT
TRANSPORTATION
TRUE
TURNOVERS
VALUE ADDED
WALKING
WAREHOUSE
WEALTH
WORKING CAPITAL
World Bank
Angola : Investment Climate Assessment
geographic_facet Africa
Angola
description Successive armed conflicts, which lasted almost three decades after independence, have devastated Angola and its economy. However, since the peace accord of April 2002, Angolans have begun a transition toward national reconciliation and lasting peace. For the Government of Angola (GoA), one of the main challenges ahead is to reconstruct the economy and reunite society after a war that has left its most visible marks on the millions of displaced that are returning to their areas of origin and demobilized former combatants that will need to be reintegrated into society. Peace in Angola has come hand in hand with a surge in Gross National Income (GNI) per capita over the past years: per capita GNI rose from USD 470 in 2001 to about USD 1,980 in 2006, primarily as a result of increased oil production and revenue. Even though the national income is currently above the average level in Sub-Saharan Africa, Angola was nonetheless ranked 161st out of 177 countries in the United Nations Human Development Index (HDI) of 2006. This underscores the magnitude of Angola's challenges in the social sphere. The World Bank's Interim Strategy Note (ISN) of February 2005 was set to support the government's program for 2005-2006 and emphasized the need to encourage the private sector's role through a stronger public/private dialogue frame work and a more propitious operating environment for the private sector. The World Bank's ISN of May 2007 reinforced this need, whilst at the same time recognizing that there has been progress: 'the GoA has adopted legislation to streamline the regulatory framework and clarify land rights and has improved customs procedures. It has also taken steps to improve access to financial services, including microfinance, by allowing new entrants into the market. Investments in infrastructure, including roads, railways, and electricity generation and transmission will also improve the investment climate'.
format Economic & Sector Work :: Investment Climate Assessment (ICA)
author World Bank
author_facet World Bank
author_sort World Bank
title Angola : Investment Climate Assessment
title_short Angola : Investment Climate Assessment
title_full Angola : Investment Climate Assessment
title_fullStr Angola : Investment Climate Assessment
title_full_unstemmed Angola : Investment Climate Assessment
title_sort angola : investment climate assessment
publisher Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2007/10/10058404/angola-investment-climate-assessment
http://hdl.handle.net/10986/7915
_version_ 1764403496306606080
spelling okr-10986-79152021-04-23T14:02:36Z Angola : Investment Climate Assessment World Bank ABSENTEEISM ACCESS TO CREDIT ACCOUNTING ACCOUNTING FRAMEWORK AGRICULTURE AIR ANNUAL INFLATION RATE ARBITRAGE ARBITRATION ARBITRATION LAW BANKING SECTOR BANKS BENCHMARKS BONDS BOTTLENECKS BRIDGE BUDGET DEFICIT BUDGET SURPLUS BUSINESS ENVIRONMENT BUSINESS INDICATORS BUSINESS OPERATION CENTRAL BANK COLLATERAL COLLATERAL LAW COLLATERAL REGISTRIES COLLATERAL REQUIREMENTS COMMERCE COMPETITIVENESS CONSUMER CONTRIBUTION CONTRIBUTIONS CONTROLLED PRICES CORPORATE REGISTRIES COST OF CREDIT COSTS OF TRANSPORTATION CREDIT BUREAUS CREDIT INFORMATION CREDIT POLICIES CRUDE OIL PRICE CUSTOM CUSTOMS DEBT DEBTS DECENTRALIZATION DEEDS DEVELOPMENT BANK DEVELOPMENT STRATEGY DISCLOSURE REQUIREMENT DIVERSIFICATION DOMESTIC CREDIT DOMESTIC CURRENCY DRIVERS EARNINGS ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC MANAGEMENT ECONOMIC OUTLOOK ECONOMIC PERFORMANCE ECONOMIC POLICIES ELECTRICITY ENTERPRISE DEVELOPMENT EXCESS LIQUIDITY EXCHANGE RATE EXPORTER EXPORTERS EXPORTS EXTERNAL DEBT EXTERNAL DEBTS EXTERNAL SHOCK EXTREME POVERTY FARES FINANCES FINANCIAL DATA FINANCIAL MARKET FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SITUATION FISCAL DEFICIT FISCAL DEFICITS FISCAL DISCIPLINE FISCAL POLICY FISCAL SURPLUS FISCAL SUSTAINABILITY FOREIGN CURRENCY FOREIGN EXCHANGE FOREIGN EXCHANGE MARKET FOREIGN INVESTMENT FULL-TIME EMPLOYEES GDP PER CAPITA GINI COEFFICIENT GOVERNMENT BONDS GOVERNMENT BUDGET GOVERNMENT EXPENDITURES GOVERNMENT REGULATIONS GOVERNMENT REVENUES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROWTH RATE HOLDING HOLDINGS HOUSEHOLD INCOME HUMAN RESOURCES ILLITERACY IMPORT LICENSE IMPORT LICENSES INDIRECT COST INDIRECT COSTS INFLATION INFLATION RATES INFLATIONARY PRESSURES INFORMATION INFRASTRUCTURE INFORMATION SYSTEM INFRASTRUCTURE REHABILITATION INSPECTIONS INSTITUTION INSTRUMENT INTEREST RATES INTEREST RATES ON LOANS INTERNATIONAL COMPARISON INTERNATIONAL COMPARISONS INTERNATIONAL CRUDE OIL INTERNATIONAL MARKET INTERNATIONAL PRICES INVENTORIES INVENTORY INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE ASSESSMENTS LABOR MARKET LARGE COMPANIES LARGE FIRMS LIMITED ACCESS LIQUIDITY LOAN LOAN APPLICATIONS LONG-TERM FINANCE LOW INCOME M3 MACROECONOMIC ADJUSTMENT MACROECONOMIC CONTROL MACROECONOMIC STABILITY MACROECONOMIC STABILIZATION MACROECONOMIC VARIABLES MANUFACTURING MARITIME TRANSPORT MARKET ECONOMY MARKET PRICE MARKET SHARE MEDIUM ENTERPRISES MICROFINANCE MONETARY FINANCING MONETARY POLICY NATIONAL INCOME NATURAL RESOURCES NOTARY OIL PRICES PERFORMANCES PERMANENT EMPLOYEES POLITICAL ECONOMY POLITICAL STABILITY POPULATION DENSITY POPULATION GROWTH POVERTY ALLEVIATION POVERTY SITUATION PRICE INCREASES PRICE STABILITY PRICE VOLATILITY PRIVATE CREDIT PRIVATE CREDIT BUREAUS PRIVATE INVESTMENTS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR PARTICIPATION PRODUCT MARKETS PRODUCTION FUNCTION PRODUCTIVITY PUBLIC EXPENDITURE PUBLIC FINANCE PUBLIC FINANCES PUBLIC RECORD PUBLIC SPENDING QUESTIONNAIRE RAILWAYS RATE OF GROWTH RATE OF INFLATION RATES OF INFLATION REAL ESTATE REAL ESTATE REGISTRY REAL EXCHANGE RATE REAL GDP REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY REQUIREMENTS RESEARCH ASSISTANCE RESERVE RESOURCE ALLOCATION RESPONSIBILITIES RESULT RESULTS RETURN ROAD ROADS SALES SANITATION SECURITY SERVICES SENIOR SHORT-TERM FINANCE SOCIAL SERVICES STAKEHOLDERS STREETS TAX TAX POLICY TAX RATES TAXATION TOTAL FACTOR PRODUCTIVITY TRADING TRANSIT TRANSMISSION TRANSPARENCY TRANSPARENT GOVERNANCE TRANSPORT TRANSPORTATION TRUE TURNOVERS VALUE ADDED WALKING WAREHOUSE WEALTH WORKING CAPITAL Successive armed conflicts, which lasted almost three decades after independence, have devastated Angola and its economy. However, since the peace accord of April 2002, Angolans have begun a transition toward national reconciliation and lasting peace. For the Government of Angola (GoA), one of the main challenges ahead is to reconstruct the economy and reunite society after a war that has left its most visible marks on the millions of displaced that are returning to their areas of origin and demobilized former combatants that will need to be reintegrated into society. Peace in Angola has come hand in hand with a surge in Gross National Income (GNI) per capita over the past years: per capita GNI rose from USD 470 in 2001 to about USD 1,980 in 2006, primarily as a result of increased oil production and revenue. Even though the national income is currently above the average level in Sub-Saharan Africa, Angola was nonetheless ranked 161st out of 177 countries in the United Nations Human Development Index (HDI) of 2006. This underscores the magnitude of Angola's challenges in the social sphere. The World Bank's Interim Strategy Note (ISN) of February 2005 was set to support the government's program for 2005-2006 and emphasized the need to encourage the private sector's role through a stronger public/private dialogue frame work and a more propitious operating environment for the private sector. The World Bank's ISN of May 2007 reinforced this need, whilst at the same time recognizing that there has been progress: 'the GoA has adopted legislation to streamline the regulatory framework and clarify land rights and has improved customs procedures. It has also taken steps to improve access to financial services, including microfinance, by allowing new entrants into the market. Investments in infrastructure, including roads, railways, and electricity generation and transmission will also improve the investment climate'. 2012-06-13T15:46:46Z 2012-06-13T15:46:46Z 2007-10 http://documents.worldbank.org/curated/en/2007/10/10058404/angola-investment-climate-assessment http://hdl.handle.net/10986/7915 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Investment Climate Assessment (ICA) Economic & Sector Work Africa Angola