Angola

Angola Market Reports
 
Angola Country Information (Source: OECD)
Population
20.82 million (2012)
GDP
$114.1 billion (2012)
Income Level
Upper Middle
Life Expectancy
51
Improved Water Sources
34%
 
 

PEST Analysis of Angola

 

Political environment

Angola's motto is Virtue is stronger when united. The executive branch of the government is composed of the President, the Vice-Presidents and the Council of Ministers. For decades, political power has been concentrated in the Presidency. Governors of the 18 provinces are appointed by the president. The Constitutional Law of 1992 establishes the broad outlines of government structure and delineates the rights and duties of citizens. Angola scored poorly on the 2008 Ibrahim Index of African Governance. It was ranked 44 from 48 sub-Saharan African countries, scoring particularly badly in the areas of Participation and Human Rights, Sustainable Economic Opportunity and Human Development. The Ibrahim Index uses a number of different variables to compile its list which reflects the state of governance in Africa. The new constitution, adopted in 2010, further sharpened the authoritarian character of the regime. In the future, there will be no presidential elections: the president and the vice-president of the political party which comes out strongest in the parliamentary elections become automatically president and vice-president of Angola. Through a variety of mechanisms, the state president controls all the other organs of the state, so that the principle of the division of power is not maintained. As a consequence, Angola has no longer a presidential system, in the sense of the systems existing e.g. in the USA or in France. In terms of the classifications used in constitutional law, its regime is considered one of several authoritarian regimes in Africa.The legal system is based on Portuguese and customary law but is weak and fragmented, and courts operate in only 12 of more than 140 municipalities. A Supreme Court serves as the appellate tribunal; a Constitutional Court with powers of judicial review has not been constituted until 2010, despite statutory authorization. Angola is classified as not free by Freedom House in the Freedom in the World 2013 report. The report noted that the August 2012 parliamentary elections, in which the ruling Popular Movement for the Liberation of Angola won more than 70% of the vote, suffered from serious flaws, including outdated and inaccurate voter rolls. Voter turnout dropped from 80% in 2008 to 60%.
 

Economical Environment

Angola is considered as a one of the fastest developing economy country. Due to the government policies and treasure of national resources, their GDP growth has been increasing rapidly fromlast few years. They spend 23.5% of their GDP to develop their nation. According to lastannounced budget it had revenues $28.62 billion and out of this it spent $21.88 billion to growthe economy in 2008. They have hub of natural resources such as in Oil production, it has 17rd rank, in natural gas production and in export it is on 12th position. Angola is on 1st position inindustrial production growth rate which is 14.5%. The country has vast mineral and petroleum reserves, and its economy has on average grown at a double-digit pace since the 1990s, especially since the end of the civil war. In spite of this, standards of living remain low for the majority of the population, and life expectancy and infant mortality rates in Angola are among the worst in the world. Angola is considered to be economically disparate, with the majority of the nation's wealth concentrated in a disproportionately small sector of the population. Angola has made significant economic advances through last years. Angola's debt-to-GDPratio in recent years has declined because of increasingly robust GDP growth which was 21%($100.9 billion) in 2007 compare to 18.5% ($82.1 billion) in 2006 and compression to the world Angola is on the5th position in GDP growth. 9.2% of GDP earning from agriculture, 25.5% from service sector and the major part 65.1% comes from industry.
 

Social Environment

Angola's population is estimated to be 18,056,072 (2012), and it is composed of Ovimbundu 37%, Ambundu 25%, Bakongo 13%, and 32% other ethnic groups, including the Chokwe, the Ovambo, the Mbunda, with the latter having been replaced by Ganguela, a generic term for peoples east of the Central Highlands, which has a slightly derogatory meaning when applied by the western ethnic groups, and the Xindonga as well as about 2% mixed European and African type, 1.4% Chinese and 1% European. The Ambundu and Ovimbundu nations combined form a majority of the population, at 62%. The population is forecast to grow to over 47 million people to 2060, nearly tripling the estimated 16 to 18 million in 2011. The last official census was taken in 1970, and showed the total population as being 5.6 million. The first post-independence census is to be held in 2014. 
 

Technological Environment

By law education in Angola is compulsory and free for eight years, the government reports that a percentage of students are not attending due to a lack of school buildings and teachers. Students are often responsible for paying additional school-related expenses, including fees for books and supplies. And in 1999, the gross primary enrollment rate was 74% and in 1998, the most recent year for which data are available, the net primary enrollment rate was 61%.  A 2007 survey concluded that low and deficient niacin status was common in Angola. Demographic and Health Surveys is currently conducting several surveys in Angola on malaria, domestic violence and more. 
 

Future Trends in Angola

Angola seeks to assert itself as a logistical and economic hub and acquire a regional status commensurate with its military and financial might. Despite its poor infrastructure network, the completion of the national transport corridors rehabilitation, will potentially allow the full integration of Angola in the regional transport grid. The same applies to hydro-power whose potential could be unleashed once connected to the DRC and Namibian grids. With 45% of its 18 million inhabitants aged bellow 15 years, Angola has a potentially huge labor force capable of generating a strong domestic market. The two major opportunities to be seized by the country are, privileged geographical positioning with favorable competitive growth factors, and an abundant, dynamic and young population to supply the job market, and drive domestic demand. 
 
Title Published Pages Price
Angola Insurance Report Q4 2016 Oct 26 2016 47 $1,295.00
Angola Country Risk Report Q1 2016 Sep 21 2016 43 $1,295.00
Angola Power Report Q4 2016 Sep 7 2016 56 $1,295.00
Angola Infrastructure Report Q4 2016 Sep 7 2016 36 $1,295.00
Angola Oil and Gas Report Q4 2016 Aug 17 2016 85 $1,295.00
Angola Mining Report Q4 2016 Aug 10 2016 35 $1,295.00
Angola Autos Report Q4 2016 Aug 10 2016 25 $1,295.00
Angola Pharmaceuticals and Healthcare Report Q4 2016 Aug 10 2016 50 $1,295.00
Angola Food and Drink Report Q4 2016 Aug 10 2016 50 $1,295.00
Angola Renewable Energy Policy Handbook 2016 Aug 2 2016 13 $500.00
Angola Telecommunications Report 2016 Jul 27 2016 46 $1,295.00
Sonangol E.P. (Sociedad Nacional De Combustiveis De Angola, E.P.) – Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report Jun 30 2016 81 $350.00
Odebrecht – Luanda Belas Shopping Expansion – Angola - Construction Project Profile Jun 29 2016 6 $75.00
Angola Country Risk Report Q3 2016 Jun 23 2016 49 $1,295.00
Angola Power Market Outlook to 2030, Update 2016 - Market Trends, Regulations, and Competitive Landscape Jun 16 2016 49 $2,500.00
Angola Infrastructure Report Q3 2016 Jun 1 2016 36 $1,295.00
Inalca – Luanda Distribution Center – Angola - Construction Project Profile May 31 2016 6 $75.00
Angola Punja Project Panorama - Oil and Gas Upstream Analysis Report May 31 2016 21 $1,000.00
Angola Power Report Q3 2016 May 18 2016 55 $1,295.00
Angola Oil and Gas Report Q3 2016 May 18 2016 85 $1,295.00
Angola Mining Report Q3 2016 May 11 2016 33 $1,295.00
Angola Food and Drink Report Q3 2016 May 4 2016 49 $1,295.00
Angola Insurance Report Q3 2016 May 4 2016 49 $1,295.00
Angola Autos Report Q3 2016 May 4 2016 26 $1,295.00
Angola Lucapa Project Panorama - Oil and Gas Upstream Analysis Report Apr 29 2016 20 $1,000.00
Angola Malange Project Panorama - Oil and Gas Upstream Analysis Report Apr 27 2016 21 $1,000.00
Angola Pharmaceuticals and Healthcare Report Q3 2016 Apr 20 2016 51 $1,295.00
Angola Mafumeira Complex Project Panorama - Oil and Gas Upstream Analysis Report Mar 31 2016 21 $1,000.00
Trends and Opportunities in Angola Personal Accident and Health Insurance Industry to 2019: Market Profile Mar 31 2016 30 $500.00
Trends and Opportunities in Angola Non-Life Insurance Industry to 2019: Market Profile Mar 30 2016 43 $500.00

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