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					                                               A       N       G       O        L      A




     REPUBLIC OF ANGOLA
                                               ANGOLA
                                               THE LAND                                       degrees Celsius in the coastal region
                                               Geography                                      and slightly lower in the inland, more



                                               T
                                                        he Republic of Angola covers          mountainous regions. The dry season
                                                        1,247,000 sq. km in the western       is generally cooler with inland
                                                        region of Southern Africa. Its        temperatures dropping to an average of
     Head of State                             territory includes 1,600 kilometres of         19 degrees Celsius. The hottest months
     President José Eduardo dos Santos         coastline on the Atlantic Ocean and 4,387      are February-March when the average
     Land Area                                 kilometres of land frontier. The               temperature is between 25 to 35 degrees
     1,247,000 sq. km                          neighbouring countries include Congo           Celsius and the coldest months are July-
     Population                                and the Democratic Republic of Congo           August when the average temperature
     14 million (2002)                         to the north, Zambia to the east and           ranges from 18 to 22 degrees Celsius.
     Capital City                              Namibia to the south. The province of          The country has an average annual
     Luanda              3,000,000 (1998)      Cabinda is the most northern area and          rainfall of 400mm.
     National Day                              forms a small territory separated from
     11 November (1975)                        the rest of the country by the Democratic      People and History
     Languages                                 Republic of Congo and confined to the          Angola’s population is estimated at 14
     Portuguese and various local              north and north east by Congo. Angola is       million. However, a national census has
     languages                                 the second largest country south of the        not been carried out since 1970 when
     Literacy                                  Sahara after the Democratic Republic of        the population recorded was 5.62
     40%                                       Congo.                                         million. The population consists of
                                                   The country can be divided into six        several ethnic groups, the main ones
     Time
                                               geomorphologic areas: Coastal area,            being the Ovimbundu, the Mbundu and
     GMT + 1 Hour
                                               marginal mountain chains, the old              the Bakongo. Many European settlers
     Economic Indicators
                                               tableland, Zaire basin and the basins of       left Angola at independence in 1975.
     Currency
                                               the Zambezi and Cubango. About 65                   Portuguese is the official language.
     Kwanza (Kzr) = 100 lwei
                                               percent of the country is at an altitude of    There are around 100 different ethnic
     1 Kz = 1 million Kzr
     Exchange Rate                             between 1,000 and 1,600 metres.                languages spoken in Angola of which
     Kz85.54 = US$1 (2004)                                                                    Umbundu, Kimbundu, Kikongo,
     GDP                                       Climate                                        Tchokwe and Ovambo are the national
     US$9.757 billion (2002)                   Angola has two seasons, namely the             languages. The main religion is
     GDP per Capita                            rainy season and the dry or 'cacimbo'          Catholicism.
     US$696.9 (2002)                           season. The rainy season runs from                  Angola gained independence from
     Exports                                   November to May and is usually hot and         Portugal on 11 November 1975 after
     US$5.96 billion (2002)                    humid with temperatures above 27               almost 500 years of colonial rule. The
     Imports
     US$3.07 billion (2002)
     Principal Exports
     Crude Oil, Refined Petroleum
     Products, LPG, Diamonds, Coffee
     Principal Imports
     Machinery and Electrical
     Equipment, Vehicles and Spare
     Parts, Medicines, Food, Textiles
     Main Export Destinations
     USA, China, France, South Korea,
     Chile
     Main Import Origins
     Portugal, USA, South Africa,
68   Japan, Brazil
     Natural Resources
     Diamonds, Oil Products, Gas, Fish,
     Wildlife, Agricultural Products, Sea
     and Marine Resources
     Source: SADC Secretariat.


                                      The Official SADC Trade, Industry and Investment Review 2006
                                                A       N       G       O       L      A


                                                                                                GENERAL INFORMATION
                                                                                                Climate
                                                                                                North - tropical and humid
                                                                                                South - subtropical with low rainfall
                                                                                                Summer: 25-35OC, Winter: 18-22OC
Movimento Popular de Libertaçao de             old city (baixa) which is close to the port      Main Towns
Angola (MPLA), led by Agostinho Neto,          and reflects its colonial past with              Huambo                400,000 (1995)
thereafter took power. Following the           historical buildings, narrow streets and         Measures
death of Neto in September 1979, José          the beautiful Marginal; and the new part         Metric System
Eduardo dos Santos took over as                (cidade alta) which was established this         Electric Current
president.                                     century and is interspersed with                 220 volts AC50Hz
    A devastating civil war engulfed the       sprawling areas of small bungalows,              Business Hours
country following independence. A 1994         semi-detached houses and suburbs.                Monday to Friday: 8.30am - 12.00pm
peace accord between the government                There are a number of historical sites       and 3.00pm - 7.00pm
and the National Union for the Total           in Luanda including two fortresses - the         Saturday: 8.30am - 12.00pm
Independence of Angola (UNITA)                 Fortaleza de Sao Miguel, constructed in          Offices:
provided for the integration of former         1634 to defend the city and Fortaleza Sao        Monday to Friday: 8.00am - 12.30pm
UNITA insurgents into the government           Pedro da Barra which was built in 1618.          and 2.30pm - 5.30pm
and armed force. A government of               In addition, there are several churches
                                                                                                Banking Hours
national unity was installed in April 1997,    dating back to the 17th Century.
                                                                                                Monday to Friday: 8.30am - 11.30am
but serious fighting resumed in late               Another feature in the capital is the
                                                                                                and 2.00pm - 3.30pm
1998. The death of UNITA leader Jonas          Ilha de Luanda which was originally an
                                                                                                Public Holidays
Savimbi in 2002 gave way to a cease-fire       island, but is now linked to the mainland
                                                                                                1 January (New Year's Day)
with UNITA. The new constitution (26           by an embankment which curves along
                                                                                                4 January (Martyrs' Day)
August 1992) has not yet been approved.        the shoreline for 10 kilometres. The             4 February (National Armed
    The Angolan legal system is based          beaches along the road are busy                     Struggle Day)
on Portuguese civil law and customary          commercial and social centres with a             8 March (International
law, and was recently modified to              range of hotels, bars, restaurants and              Women’s Day)
accommodate political pluralism and            handicraft shops located here. In the old        To be announced (Carnival Day)
increased use of free markets.                 part of the city, the 3-kilometre palm-          4 April (Peace and National
                                               fringed Marginal is home to some of the             Reconciliation Day)
MAIN CENTRES                                   larger business and government offices.          14 April (Good Friday)
Luanda                                             There are several open markets in            17 April (Easter Monday)
                                                                                                1 May (Workers' Day)
Luanda, the capital of Angola, has a long      Luanda which sell a huge range of goods.
                                                                                                25 May (Africa Freedom Day)
history dating back to 1575 when Paulo         An increasing number of supermarkets
                                                                                                1 June (International Children’s Day)
Dias de Novais arrived at Barra da             have also been opening in the city,
                                                                                                17 September (Founder of Nation
Corimba and founded the city. The city         although the stock situation is variable.           and National Heroes' Day)
received its first charter in 1606.            Some deal in local currency, while others        2 November (All Saints' Day)
    Luanda is divided into two parts - the     require US dollars.                              11 November (Independence Day)
                                                                                                25 December (Christmas Day)
                                                                                                Map




                                                                                                                                        69




                                                                                               Far left: Sonangol oil operations.
                                                                                               Middle: The city of Luanda.
                                                                                               Left: Scenic Serra da Leba.

                                       The Official SADC Trade, Industry and Investment Review 2006
                                                     A       N        G       O        L       A


     Other Main Towns                                reform efforts. The new team has                   inflation has led commercial banks to
     Cabinda, Benguela, Huambo, Lobito,              succeeded in decreasing overall                    place a significant portion of their
     Lubango and Namibe are the other main           government spending, rationalising the             loanable resources in excess reserves
     centres in Angola which offer varied            Kwanza exchange rate, closing                      at the Banco Naçional de Angola and in
     potential for investors looking for new         regulatory loopholes allowing off-budget           foreign assets abroad rather than in
     business. Only Lubango and Namibe               expenditures, and capturing all revenues           loans to the economy.
     are relatively accessible by road from          in the State budget. New procedures                     In recent years the Angolan economy
     Namibia. Other centres are best reached         have been implemented to track the flow            has received several boosts from
     by sea or air. The country is well-serviced     of funds between the Treasury, Banco               multilateral groups, such as the IMF, as
     by airports and this is the preferred mode      Naçional de Angola (the central bank),             well as through bilateral debt
     of travel to reach these centres.               and the State-owned Banco de                       cancellations. A December 2003 IMF
                                                     Poupança e Credito, which operates the             staff mission to Angola found some
     ECONOMIC OVERVIEW                               budget. The Angolan government has                 progress resulting in an IMF programme
     Angola has an abundance of natural              also adopted a new investment code.                for the country being initiated. As of
     resources        including     petroleum,       Remaining concerns include quasi-                  September 2005, Angola and the IMF
     diamonds, iron ore, phosphates, copper,         fiscal operations by the State oil                 were in discussion on the proposed
     feldspar, gold, bauxite and uranium.            company Sonangol, continued oil-                   programme.
     Unfortunately, the economy has been             backed commercial borrowing by the                      The Joint Angolan Government-
     devastated by decades of war. Seventy           Angolan government, and inadequate                 United       National      Development
     percent of the population lives below the       transparency and oversight in the                  Programme initiative was launched in
     poverty line. It is estimated that              management of public accounts.                     the mid-1990s in order to promote
     unemployment and under-employment                   Average inflation rate dropped from            development in all 18 provinces of the
     affects more than half of the population.       76.6 percent in 2003 to 40.4 percent in            country by strengthening local com-
          The agricultural sector, once an           2004. The prolonged period of high                 munities. The programme concentrates
     important player in the economy, has
     also been devastated by the war. Since
                                                      Foreign Reserves (US$ m; year-end)
     independence, the only sector which has
     expanded is the oil sector, although                                                   2000         2001      2002       2003       2004
     Angola was once the fourth largest               Total reserves incl. gold            1,198          732        376       634      1,365
     producer of diamonds in the world and           Sources: IMF, International Financial Statistics; Bank of Angola.
     had a sizeable iron ore mining industry
     as well as a thriving manufacturing sector.      Exchange Rates (year-end)
          The oil industry is presently the
                                                                                            2000         2001      2002       2003       2004
     backbone of the economy. The upstream
                                                      Kz: US$                              10.16        22.06      43.53      74.61     85.54
     oil industry is the country’s major source
     of foreign exchange and oil production          Source: IMF, International Financial Statistics.
     and supporting activities contribute
     about 45 percent to GDP.                         Gross Domestic Product (market prices)
          Oil and fishing are the main sectors                                              1999         2000      2001       2002       2003
     that have attracted foreign investment in        Total (US$ bn)                         6.08        8.86       9.47      11.20     13.19
     recent years. The increased oil
                                                      Real change (%)                         3.6          3.3       3.2       15.3        4.7
     production supported a 12 percent
                                                      Per head (US$)                         505          715        743       854        975
     economic growth in 2004 and 14 percent
     economic growth in 2005. GDP per capita         Sources: IMF; World Bank.
     stood at an estimated US$951 in 2004.
     Annual real GDP growth rate in 2005 is           Gross Domestic Product by Sector (Kz bn)
     estimated at 13.8 percent. The growth of                                               1999         2000      2001       2002       2003
     non-oil economic sectors has, however,           Agriculture, forestry, fishing          1.1          5.2      16.1       38.1       84.9
     lagged behind and Angola continues to
                                                      Oil and gas                            10.0        55.1      100.9      251.0     498.5
     depend on imports and food aid for about
                                                      Diamonds                                1.4          5.9      12.1       22.5       46.9
     half of its cereal requirements.
          Although the economic reform effort         Manufacturing                           0.6          2.6       7.6       17.6       39.3
     launched in 1998 was only marginally             Construction                            0.5          2.5       7.1       16.4       36.8
70   successful, it succeeded in unifying             Trade and commerce                      2.6        13.1       30.4       67.1     146.8
     exchange rates and moving fuel,                  Non-tradable services                   0.8          6.1      18.4       50.3     155.9
     electricity and water prices closer to
                                                      Import duties                           0.2          1.2       4.3        8.5       22.0
     market rates. In December 2002
                                                      GDP at market prices                   17.2        91.7      197.1      471.6   1,031.4
     President dos Santos named a new
     economic team to oversee homegrown              Source: IMF.

                                            The Official SADC Trade, Industry and Investment Review 2006
                                               A       N        G       O        L      A


on increasing production, employment           attract foreign investors by making new        is in short supply in Angola. Angolan
and income in agriculture, forestry,           opportunities available including              authorities have identified this area as
fisheries and private sector develop-          privatisation of all parastatal coffee         one of primary concern.
ment; rehabilitating basic infrastructure      companies; onshore and downstream
within the country; and restoring social       oil operations; multi-million dollar           Investment Opportunities
services to the population including           rehabilitation contracts; and upgrading        The country has an abundance of natural
primary health care and basic education.       of telecommunications facilities. Since        resources. It is endowed with a good
International donors have pledged              early 1999, the Angolan government has         climate, culture and rich landscape. Two-
around US$1 billion of assistance to           implemented macro-economic reforms             thirds of the land is appropriate for
Angola to implement the programme.             which include the liberalisation of            agriculture, which allows for the
     It is estimated that Angola had           exchange rates and interest rates, and         development of agro-industries. Angola
US$2.425 billion reserves of foreign           the approval of customs duties and tax         also has abundant and diversified
exchange and gold and an external debt         rate reforms. More than 250 parastatals        mineral resources, oil, diamonds, gold
of US$9.879 billion in 2005. The budget        have already been reorganised into             and iron ore, among others. The
revenue stood at an estimated US$8.5           around 800 smaller private firms.              exploitation of these resources can
billion and expenditure at US$10 billion,          During the period 1990-1999, the           trigger a very wide range of services
including capital expenditure of US$963        Foreign Investment Institute approved          downstream.
million, in the same year.                     about 291 projects. The total financial            In generic terms, Angola welcomes
                                               volume for the investment intentions           and encourages investments in almost
BUSINESS AND INVESTMENT                        amounted to US$1,011,775,356. The              every area of economic activity. Within
ENVIRONMENT                                    term ‘intentions’ is used because the          the investment policy framework of the
Foreign investment is considered crucial       total investment amounts approved have         country, the foreign investment strategy
to Angola’s reconstruction process and         not been fully realised. These statistics      awards priority to agro-pastoral and food
the promotion of foreign investment is a       do not include projects in the areas of oil,   production, mining industries, fisheries
major priority of the Angolan government.      minerals prospecting and production            and fisheries by-products industries, and
     The new Foreign Investment Law            activities and financial institutions since    construction materials industries.
was passed in 1995. The aim of this law        these are regulated by specific                    With the exception of the defence,
is to reduce the role of the government in     legislation.                                   internal order and State security sectors,
the economy and encourage greater                                                             banking activity as regards the functions
private sector participation, with special     Labour Relations                               of the Central and Issuing Bank and
emphasis on foreign investment.                Labour, particularly skilled labour,           those functions contained in the
     The Angolan government plans to           technical and professional personnel,          Unrestricted Reserve of the State, all the
                                                                                              other sectors are, to a greater or lesser
 Investment Incentives and Guarantees                                                         extent, open to free private initiative and,
                                                                                              consequently, to foreign investment.
  General Incentives                                                                              Foreign investment projects
  The following are a few of the current investment incentives:                               submitted within the contractual regime
         Foreign companies are guaranteed equal treatment;                                    framework may enjoy special fiscal
         Nearly all sectors of the economy are now open to foreign investment;                incentives by means of tax-exemption or
         Special fiscal incentives are offered to foreign investors who employ a high         tax-relief, to be incorporated in the
  proportion of Angolans and provide them with professional training and benefits             respective contracts, following prior
  equal to foreign employees;                                                                 negotiations with the government. Such
         Profits, dividends and the proceeds from the sale of investment may be               benefits would mainly focus on the areas
  transferred abroad by foreign investors; and                                                of corporate tax, capital expenditure levy
         Investments less than US$5 million no longer need prior government                   and import duty.
  approval.
                                                                                              Institutions for Investment,
  Export Incentives
                                                                                              Industry and Trade Support
  Angola has one of the highest volumes of exports in the SADC region, largely due
                                                                                              The Institute for Foreign Investment is
  to exports of oil. There is much underutilised potential in other areas however, such
                                                                                              the principal investment promotion
  as diamond mining, coffee and fishing. The promotion and diversification of
                                                                                              agency in Angola, stimulating foreign
  exports have been recognised by the government as one of the ways to facilitate
                                                                                              investment by reducing institutional
  production and growth.
                                                                                              barriers to investment. The government
  Investment Guarantees                                                                       plans to set up a 'one-stop' agency to         71

  Under the Foreign Investment Law, investment against expropriation is guaranteed            further promote private sector
  by the Investment Proclamation. Private property rights were introduced in 1993             investment. Angola Business Access
  following a revision of the country’s Property Law. Angola is a member of the               provides information and assistance to
  Multilateral Investment Guarantee Agency (MIGA).                                            gain access to business opportunities
                                                                                              in the country.

                                      The Official SADC Trade, Industry and Investment Review 2006
                                                     A         N     G       O        L      A


     TAXATION                                        those of foreign oil companies, must be           South Korea and Chile. The primary
     The Angolan government receives most            licensed by the Ministry of Commerce.             imports are machinery and electrical
     of its revenue from its oil and diamond         An import licence fee of 0.1 percent of the       equipment, vehicles and spare parts,
     mining activities. Taxes on mining              value of imports is levied, and import            medicines, food, textiles and military
     include:                                        licences are only granted to enterprises          goods. Pharmaceuticals must be
     • A surface tax levied according to the         of proven capacity. Exports of certain            registered in advance with the Ministry of
     size of the surface area mined;                 goods are restricted.                             Health. A sanitary certificate is required
     • A tax on royalties of 3 to 10 percent of          Angola’s main export commodities              for imports of seeds, plants, animals
     the gross value of the minerals produced;       are crude oil, diamonds, refined                  and animal products. The main import
     • Corporate income tax: a fixed rate of         petroleum products, gas, coffee, sisal,           partners of Angola are Portugal, United
     40 percent and a 15 percent withholding         fish and fish products, timber and cotton.        States of America, South Africa, Japan
     tax on dividends; and                           The country’s export partners are the             and Brazil.
     • Allowances for depreciation.                  United States of America, China, France,              Total exports in 2005 are estimated
         The oil industry also faces special tax
     rates: an oil production tax, an oil income      Exports
     tax and an oil transactions tax (which
                                                                                           1999         2000       2001         2002       2003
     applies only on Cabinda association).
                                                      Value (US$ m; fob)
         Corporations face an industrial tax of
     40 percent, with some companies being            Crude oil                           4,406        6,951       5,792        7,548      8,533
     taxed on their actual profits, some on           Refined petroleum products             75          132            93            95    132
     their presumptive profits and some on            LPG                                        9         37           20            10     16
     estimated potential profits, depending           Diamonds                              629          739           689       638        788
     on which group they fall into.                   Total including others              5,157        7,920       6,636        8,328      9,508
         A tax of 20 percent is levied on income
                                                      Volume
     exclusively from agricultural, forestry and
                                                      Crude oil ('000 barrels)              254          256           255       312        302
     cattle-raising activities. Foreign
     corporations are subject to the same tax         Refined oil products ('000 t)         720          734           675       674        682
     system as local companies.                       LPG ('000 barrels)                    624        1,475       1,068         636        636
         Shareholders are taxed at a rate of 15       Diamonds ('000 carats)              3,806        4,319       5,159        5,022      6,063
     percent on income from financial
                                                     Source: Banco Naçional de Angola.
     investments, although a lower rate of 10
     percent may apply in some cases.                 Imports (US$ m; fob)
         The Minister of Finance can decide,
                                                                                              2000              2001          2002         2003
     on a case-by-case basis, to provide tax
     exemptions or tax reductions for                 Consumer goods                         1,950           2,174            2,193        3,472
     companies investing in essential areas           Intermediate goods                         245             304           437          580
     of the economy. Under the tax reform of          Capital goods                              845             701          1,130        1,428
     1992, further to granting tax incentives to      Total including others                 3,040           3,179            3,760        5,480
     companies investing in fundamental
                                                     Sources: Banco Naçional de Angola; IMF; Instituto Naçional de Estatística.
     areas for development, an exemption
     from three to five years can be obtained
                                                      Main Trading Partners (US$ m)
     for new industries.
         Personal income tax rates range                                                   2000         2001           2002     2003       2004
     between 4 percent and 15 percent.                Exports fob to:
         No double taxation agreements have           United States of America            3,285        2,979       2,978        4,097      4,361
     been concluded till date.                        China                               1,497          656            988     2,005      3,242
                                                      France                                342          604            577      631        747
     FOREIGN TRADE
                                                      South Korea                           595          200            162      243        320
     Angola has come to depend over-
     whelmingly on oil for its export earnings,       Chile                                  86             0             0           59    277
     with the United States of America being          Imports fob from:
     the main market for Angola’s oil. Until          Portugal                              373          493            595      810        922
     recently, Angola has had few trade ties          United States of America              241          304            410      541        654
72   with other Southern African countries.           South Africa                          340          335            353      489        525
     However, now that there has been a
                                                      Japan                                  28            34            38           58    342
     change in the political climate,
                                                      Brazil                                117          156            219      259        340
     opportunities for trade with other
     countries in the region have opened up.         Figures derived from partners' trade statistics and therefore subject to wide margin
         All imports and all exports, except         of error. Source: IMF, Direction of Trade Statistics.

                                            The Official SADC Trade, Industry and Investment Review 2006
                                                A       N       G       O       L      A


at US$26.8 billion fob and imports at          informal money markets are used                 manage the operations of the country’s
$8.165 billion fob.                            extensively.                                    producing oilfields.
                                                   The first steps have been taken to               Block Zero, located in the enclave of
Membership of                                  open up the insurance sector which was          Cabinda, currently provides one-third of
International Organisations                    dominated by the State-owned Empresa            Angola’s crude oil production. Chevron,
Angola is a member of the Southern             Naçional de Seguros e Resseguros de             through its subsidiary Cabinda Gulf Oil
African Development Community                  Angola.                                         Company, is the operator with a 39.2
(SADC), Common Market for Eastern                  The reform of the monetary and              percent share. Sonangol (the Angolan
and Southern Africa (COMESA), African          exchange policy aims to reduce inflation        State oil company), TotalFinaElf and ENI-
Union (AU) and United Nations.                 through a restrictive monetary policy. The      Agip are partners in the concession.
                                               major exchange control regulations are          Chevron also operates Angola’s first
FINANCE                                        as follows:                                     producing deepwater section, Block 14,
Following independence in 1975, the            • No restrictions exist on the amount of        which started pumping in January 2000
Angolan government nationalised                foreign currency brought into Angola, but       and is scheduled to add 180,000 barrels
foreign banks and had a very limited           the exportation of domestic currency is         per day in production by 2006.
banking system which provided little in        prohibited;                                          TotalFinaElf brought the first Kwanza
the way of services. Until 1991 there          • There are specific dealers in Angola          Basin deepwater blocks on-line, with
were only two banks: the Banco Naçional        who are authorised to buy and sell foreign      production from its Block 17 concession
de Angola (BNA) which was both the             exchange;                                       that began in February 2002, and now
central bank and a commercial bank and         • Travel allowances, allowances for             produces up to 300,000 barrels per day.
the Banco Popular de Angola (BPA), a           medical treatment abroad, and allow-            Additional sub-fields will begin
government-owned commercial bank.              ances for dependants overseas, are all          production in 2006 at the rate of 200,000
    The Banco Naçional de Angola now           granted at fixed monthly rates;                 barrels per day. ExxonMobil brought the
acts solely as a central bank. It is           • Dividends earned by foreign                   first of its Block 15 sub-fields on-line in
responsible for foreign exchange and           investors may be taken out of Angola if         2003 at the rate of 70,000 barrels per day.
formulation and control of financial and       the investment in the resident company          Two additional discoveries of 3 billion
monetary policy. It has the powers of          exceeds US$250,000;                             barrels in reserves are producing at a
supervision and inspection, but the            • Transfers of personal capital are             rate of 250,000 barrels per day each.
power to authorise the establishment of        reviewed on a case-by-case basis; and           Exploration is ongoing in ultra-deepwater
financial institutions belongs to the          • Foreign currency accounts are                 concessions and in deepwater and
Ministry of Finance.                           permitted, into which foreign currency (in      shallow concessions in the Namibe
    There are five commercial banks: the       cash, travellers cheques or foreign             Basin. BP made the first significant ultra-
State-owned Banco de Poupança e                payment orders) may be deposited.               deepwater find in its Block 31 concession
Credito and Banco de Comércio e                                                                in 2002 and has followed up with 7
Industria; and the Portuguese private          OIL AND GAS                                     additional finds. Marathon also drilled a
banks Banco de Fomento e Exterior,             Portuguese oil company Petrofina first          successful well in its Block 32 ultra-
Banco Totta e Açores, and Banco                discovered oil in Angola in 1955. The           deepwater concession. BP, which
Português do Atlàntico.                        rapidly expanding petroleum industry -          currently does not produce oil in Angola
    Government has set up several              now producing approximately 1.6 million         as an operator, expects to have
specialised funds in a bid to provide          barrels per day, behind only Nigeria in         production of 600,000 barrels per day by
finance to the private sector for the          Africa - accounts for 51.7 percent of GNP,      2007.
rehabilitation or creation of business         92 percent of exports, and 90 percent of             Oil exports to Asian countries have
activities. Most funds are still small and     government revenues. Production is              grown rapidly in recent years, particularly
are in the early stages of development.        expected to reach two million barrels per       to China. In late-2004, China’s State oil
    Companies established in Angola            day by 2008. The overall oil reserves are       company Sinopec bought into Block 18.
under the foreign investment law are, in       estimated to be 25 billion barrels.             Sinopec has also formed a partnership
theory, able to apply for domestic loans.          Oil production remains largely              with Sonangol to operate Block 3/05
However, the availability of credit is         offshore and has few linkages with other        (formerly Block 3/80), whose
presently subject to quantitative              sectors of the economy, though a local          operatorship was transferred from Total
restrictions imposed by the central bank.      content initiative promulgated by the           to Sonangol recently.
Loans from foreign sources are subject         Angolan government is pressuring oil                 Sonangol seeks to expand its
to licensing and authorisation from the        companies to source from local                  operatorship of onshore and shallow
Ministry of Finance and the central bank.      businesses.                                     water blocks. This may include the
Although direct capital investment is still        There has been massive investment           northern block of Cabinda’s onshore           73
considered the most suitable way of            of more than US$8 billion in Angola’s oil       concessions, which since the halt in
financing projects, no repatriation of an      industry by international oil companies.        hostilities with separatist forces is now
investment can be made for six years.          The key foreign companies that have             open to exploration. Onshore production
    Money and capital markets have not         invested in Angola include Energy Africa,       is in Kwanza, near Luanda and in the
been developed; consequently, the              Agip, Chevron, Elf and Texaco, which            Congo Basin. These sites have been

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      Oil Industry Statistics
                                                                           1999             2000        2001            2002           2003
      Crude oil production ('000 b/day; by operator)
      Cabinda Block 0 (Chevron)                                             460              445            460          431             405
      Block 1 (Agip)                                                          1                2              2             1               0
      Block 2 (Texaco)                                                       83               72             63           50              45
      Blocks 3/80 and 3/85 (Total)                                          174              148            138          139             125
      Block 4 (Ranger and Sonangol)                                          11                8              4             1               0
      Congo basin onshore (Total)                                            16               11             12           13              13
      Kwanza basin onshore (Total)                                            0                0              0             0               0
      Block 14 (Chevron)                                                      1               61             57           66              61
      Block 17 (Total)                                                        0                0              4          193             216
      Total including others                                                746              748            741          894             875
      Crude oil exports
      Volume (m barrels)                                                    254              256            255          312             302
      Value (US$ m)                                                        4,406            6,951       5,792          7,548           8,533
      Average price (US$/b)                                                 17.4             27.1           22.7        24.2            28.2
      Refined oil product exports
      Exports of refined products ('000 tonnes)                             720              734            675          674             682
      Exports of refined products (US$ m)                                    75              132             93           95             132
      Average price (US$/tonne)                                             105              180            137          142             193
      Petroleum products ('000 tonnes)
      Gasoline                                                             128.1            111.4       107.2          104.6            95.9
      Jet fuel                                                             338.5            320.7       330.9          352.5           324.8
      Diesel                                                               493.0            468.4       501.7          461.0           407.5
      Kerosene                                                              30.4             30.2           31.2        36.9            43.9
      Fuel oil                                                             646.8            595.3       552.8          590.7           639.3
     Sources: Ministry of Petroleum; IMF; Banco Naçional de Angola.
     badly affected by the civil war and massive      a unit to an isomerisation, and a new          diamond fields, much production is
     rehabilitation projects are now underway.        control room. The bitumen unit only            currently in the hands of small-scale
         Angola has estimated natural gas             operates at about 40 percent capacity,         prospectors, often operating illegally.
     reserves of 79.57 billion cubic metres; in       partly because the quality produced is         Only eight formal sector mines are
     2001 only an estimated 530 million cubic         poor. Trafigura, SMB Abidjan, and              operating out of a total of 145
     metres was produced. The government              Sonangol have formed a marketing and           concessions.
     is in the process of implementing                storage JV to handle bitumen imported              The licensing of an estimated
     strategies to reduce flaring and to              from Abidjan.                                  350,000 artisanal miners is underway.
     increase the commercial use of natural               The government is planning to build        The artisanal sector accounts for about
     gas, including its conversion to LPG for         a larger refinery, with projected              half of Angola’s annual production. The
     domestic consumption. Chevron,                   production of 200,000 barrels per day, in      government has established an export
     Sonangol and other partners are                  the southern part of the country near          certification scheme consistent with the
     developing a liquefied natural gas plant         Lobito. At a cost of US$2 billion, the new     “Kimberley Process” to identify legitimate
     at Soyo.                                         facility would export about 80 percent of      production and sales. Legal sales of
         TotalFinaElf operates Angola’s sole          its production regionally. China and           rough diamonds may occur only through
     refinery in Luanda as a joint venture with       Angola have signed a letter of intent on       the government’s diamond-buying
     Sonangol. There are plans to increase            joint construction of the refinery, although   parastatal, although many producers
     capacity of the Luanda refinery from             other participants have also expressed         continue to bypass the system to obtain
     40,000 barrels per day to 100,000 barrels        interest.                                      higher prices.
     per day. The refinery refines oil for                                                               Angola officially produced around
74   domestic consumption and exports                 MINING                                         6.423 million carats in 2004 (January to
     lubricating oils, bunkering oils and heavy       After oil and gas, diamonds make up            October), most of which was from alluvial
     fuel oil. It runs at about 70 percent of its     most of Angola’s remaining exports;            and kimberlite deposits. Analysts predict
     capacity, and recently underwent a               diamond sales are predicted to reach           that the country’s annual diamond
     modernisation programme that included            US$900 million in 2005. Despite                production could eventually reach in
     some capacity expansion, conversion of           increased corporate ownership of               excess of six million carats as more

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kimberlite mines are put into commercial         mining policy, which aims to reduce the             The government has submitted a
production. There is potential for the           dominance of the State-owned                    plan to the International Coffee
development of a diamond cutting                 companies by eliminating monopoly of            Organisation to overhaul the sector over
industry in Angola, as well as for further       mineral rights and providing oppor-             a two-year period. Under the privatisation
exploration of other gemstones and               tunities for the private sector to invest in    programme, the government plans to
industrial diamonds. In June 2005, De            the mining sector.                              liquidate all 33 State-owned coffee
Beers signed a US$10 million                                                                     companies and to invite international
prospecting contract with the                    AGRICULTURE                                     investors to bid for the largest plantations.
government’s diamond parastatal,                 Agriculture contributes 8 percent to GDP        Assistance has been provided to the
ending a four-year investment dispute            and 85 percent of the work force is             coffee sector by the United Nations
between De Beers and the government.             engaged in agriculture. Small-scale             agency the World Food Programme and
     Other mineral resources in Angola,          agricultural production has increased           by the European Union; the latter having
namely, iron ore, phosphates, feldspar,          dramatically over the last three years as       assisted in the form of seeds and farming
bauxite, uranium and gold, remain largely        internally displaced persons are                equipment.
undeveloped, though granite and marble           returning to the land. Some efforts at
mining has begun.                                commercial agricultural recovery have           FISHERIES
     Ashanti Goldfields and Anglo                gone forward, notably in fisheries and          The Atlantic coastline is rich in shellfish
American have exploration programmes             tropical fruits, but most of the country’s      and a variety of other fish species. The
prospecting for gold and base metals,            vast potential remains untapped.                fishing industry prospered in the south
mainly in the south west and north west              Angola’s highlands are some of the          western provinces prior to indepen-
regions.                                         richest agricultural land in the world.         dence. An attempt is currently being made
     An estimated 100 million tonnes of          Only 3 percent of its eight million hectares    to rehabilitate and modernise the
low to medium grade iron ore have been           of arable land is under cultivation at          domestic fishing industry.
identified at Kassala-Kitungo in addition        present. Coffee, bananas, timber,                    The fishing fleet is being rebuilt
to the deposits at Cassinga. The national        tobacco and sunflowers are Angola's             through donor assistance. Refrigeration
iron ore company, Ferrangol, was                 main crops. Coffee production, though a         facilities at the southern ports of Tombwe
established in 1981 to rehabilitate              fraction of its pre-1975 level, is sufficient   and Namibe have been overhauled and
Cassinga which ceased production due             for domestic needs and some exports.            a new production line at the Tombwe
to low world prices and the destruction of           Under a new agricultural strategy,          canning factory has been installed with
the railway line to the coast during the         the government has removed most price           European Union assistance. Fish prices
civil war.                                       controls and has set up a rural credit          have been deregulated to encourage
     The World Bank and British                  programme to assist farmers. Recently           development and the government, with
Geological Survey have been assisting            passed land reform laws attempt to              the assistance from the World Bank, has
the Angolan government with the                  reconcile overlapping traditional land          set up the Angolan Support Fund for
promotion of the minerals sector,                use rights, colonial-era land claims, and       Fisheries Development. In spite of the
including the drafting of new mining laws.       recent land grants to facilitate significant    civil war, the fishing sector has attracted
The Mining Law of 1992 reflects the new          commercial agricultural development.            foreign investment. The full potential is
                                                                                                 however yet to be realised.
    Official Diamond Production
                                       2000       2001          2002      2003          2004a    FORESTRY
                                                                                                 Natural forests which have yet to be
    Production ('000 carats)          4,170      5,126          4,999    5,032          6,423
                                                                                                 exploited, as well as plantations of
    Sales (US$ m)                       729           688        684       748           631
                                                                                                 eucalyptus, cypress and pine which once
    Total State diamond                                                                          formed the basis of a small export
       revenue (US$ m)                  59.2       62.8           n/a       n/a           n/a    industry, add to a rich agricultural
a   To October. Sources: Angola Selling Corporation; Ministry of Geology and Mines.              heritage. Since 1975, timber production
                                                                                                 has fallen dramatically and there are
    Agricultural Production ('000 tonnes unless otherwise indicated)                             now nearly 150,000 hectares of
                                                                                                 plantations waiting to be rehabilitated.
                                       1999       2000          2001      2002          2003
                                                                                                 Valuable tree species, including
    Food crops
                                                                                                 rosewood, ebony, and African sandal-
    Maize                               428           395        429       426           545     wood, as well as mahogany, tola and
    Cassava                           3,130      4,433          5,394    5,620          5,699    mulberry, are found in the northern
    Sweet potatoes                      182           224        353       423           439     forests which have been untapped since          75
    Beans, dry                            68           75         89           58         66     independence.
    Livestock
                                                                                                 INDUSTRY
    Beef (national herd)              3,900      4,042          4,100    4,150          4,150
                                                                                                 The industrial sector had been
Source: UN Food and Agriculture Organisation.                                                    devastated by the departure of the

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     Portuguese and the civil war. The sector             Angola has a long tradition of crafts         river is underway, with the assistance of
     is currently being restructured to meet          made from ivory, wood, ceramics and               Brazilian and former Soviet contractors.
     international standards. There are large         metal, quite different to styles found            This project will double the country’s
     gaps for investors in many areas. Existing       elsewhere in Africa. Other aspects of             generating capacity.
     industries include manufacture of                Angolan culture such as dance, music                  A further five hydro plants, with a total
     cement, basic metal products, fish               and nightlife add to the Angolan attraction.      installed capacity of 16,505 megawatts
     processing, food processing, brewing,            In terms of culinary experiences, Angola          are planned on the Kwanza, Longa,
     tobacco products, sugar, textiles and            has much to offer. Fish, shellfish and            Queve-Catumbela, Cunene and
     ship repair. There is potential to               meat cooked with strong spices are                Cubango rivers.
     significantly expand food processing and         some of the country’s specialities.                   In addition, Sonangol, the State oil
     light industry with an infusion of capital,          International standard hotels include         company plans to build a gas-fired power
     technology and training.                         the Hotel Le President Meridien and               station in Luanda.
         In 2005, the government started using        Hotel Tropico located on Ilha de Luanda.              During 2000, the Angolan
     a US$2 billion line of credit from China to                                                        government spent US$15 million on the
     rebuild Angola’s public infrastructure,          WATER                                             completion of several power projects
     and several large-scale projects are             A 24-hour service for water utilities is          and on the rehabilitation of power facilities
     scheduled for completion by 2006. The            operated by government. The water                 in the provinces of Huila, Namibe and
     government also plans to privatise some          supply system is in need of upgrading.            Benguela.
     of the State-run enterprises.
         Industrial development projects              ENERGY                                            TRANSPORT
     include the construction of three                Electricity                                       Roads
     pharmaceutical plants in Luanda,                 The principal organisation responsible            Of Angola’s 51,429 kilometres of roads,
     Benguela and Dondo, respectively; the            for the generation and supply of electricity      only 5,349 kilometres are paved. More
     rehabilitation of the Somar fish                 in Angola is the State-owned Empresa              than 60 percent of the tarred roads need
     processing factory in Namibe; and the            Naçional de Electricidade (ENE). In               repair. Government estimates it will take
     installation of a television assembly line.      addition, there are several privately-            10 to 15 years to restore the road system
     There are also plans to expand the               owned generating companies.                       to its pre-independence status. Although
     Luanda steel complex, construction of a               After years of civil war and the resultant   road rehabilitation and de-mining are
     shipyard and seaport in Cabinda                  destruction of infrastructure, the country’s      long processes, there has been some
     province, the installation of a local            power supply industry is slowly being             progress allowing convoys to deliver
     assembly line for military trucks, and the       rehabilitated, with several large projects        goods to provincial areas.
     construction of a brewery.                       planned that will boost generating
         The objective of the Angolan Institute       capacity. At present the country has              Rail
     for Standardisation and Quality                  approximately 500 megawatts of                    The Portuguese laid four railway lines
     (IANORQ), within the Ministry of Industry,       generating capacity. Electricity production       during the colonial period, mainly for the
     is to set up, manage and develop the             in 2003 was 1.916 billion kWh. The                transport of minerals and other natural
     Angolan System for Quality (SAQ) legal           consumption was 1.782 billion kWh.                resources from the inland areas to ports
     institutional framework for improving the             The government plans to spend                for shipment abroad. Of the 2,761
     quality of products and services.                US$800 million over the next 20 years on          kilometres of track, only around 20
         Currently 15 percent of the work force       reconstructing the power grid. US$500             percent is presently operating and
     is engaged in industry and commerce,             million of this will be spent in the first five   considerable funds are required to bring
     and 6 percent in services.                       years on restoring ENE’s power facilities.        them back to fully operational levels.
                                                      Around US$200 million has been
     TOURISM                                          earmarked for the National Dam                    Harbours
     Angola has excellent potential to develop        Rehabilitation Programme.                         Angola has four main ports: Luanda,
     a thriving tourism industry with its tropical         Angola has six main dams. At present         Lobito, Malongo and Namibe, which are
     climate, beaches, rivers, mountains,             only three of these, namely, Cambambe,            undergoing comprehensive restruct-
     wildlife and cultural attractions. The           Biopo and Matala are functional, but they         uring. The country’s port facilities aim to
     development of this sector has not yet           are not operating at full capacity.               play a major role in the SADC region
     begun in earnest.                                Cambambe has been allocated the                   in improving import and export
         Although the wildlife resources have         majority of funds (US$70 million), while          capabilities, particularly for its land-
     been severely depleted, there are still          Biopo and Matala will receive US$30               locked neighbours.
     many species of animals roaming free             million and US$20 million respectively.               Luanda has one of the finest natural
76   in Angola from elephants to the rare giant       The remaining three hydro plants,                 harbours on the west coast of Africa and
     palanca. Kissama National Park, located          Mabubas, Lumaun and Gove, all of which            is now the most important port for the
     about 75 kilometres south of Luanda,             were badly damaged by the war, will               non-oil sectors of the economy. Plans to
     offers self-catering bungalows and has           receive the remainder of the funds.               construct roll-on/roll-off container
     a wide variety of game. It is inaccessible            The construction of a 520 megawatts          terminals at Luanda and Lobito have
     during the rainy season.                         power station at Capanda on the Cuanza            been developed, but not yet

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                                                                                                 Trade Contacts
implemented. Lobito presently handles            mobile and internet facilities. The
around 500,000 tonnes of domestic                telephone network is mainly limited to
cargo, far below the pre-war level of 2.5        government and business use.
million tonnes. At that time, Lobito                 The cellular telephone system is
handled most of the copper exports from          over-subscribed. Many large inter-
Zambia and Zaire via the Benguela                national companies have installed high           ANGOLAN INSTITUTE FOR
railway.                                         frequency trunking systems to minimise           STANDARDISATION AND QUALITY
    At Namibe port, Angonave, the                use of the domestic telephone system.            Caixa Postal 594, Luanda
national shipping company, operates                  There were 96,300 main land lines,           Tel: (2442) 33 7294
several ships including both dry bulk            130,000 cellular lines and 17 Internet           Fax: (2442) 39 2400
carriers and multi-purpose vessels.              hosts in 2003.
Cabotang is the State coastal shipping                                                            DIRECTORATE FOR
company. The government plans to                 HEALTH CARE                                      FOREIGN INVESTMENT
privatise its State-owned shipping               Hospitals in operation are supplied by           Caixa Postal 594, Luanda
operations, which are all experiencing           UNICEF and other NGOs, but have                  Tel: (2442) 39 3387 / 33 3727
financial difficulties.                          minimal equipment and few drugs.                 Fax: (2442) 39 3381
                                                     In Luanda there are a significant
Air                                              number of private clinics offering good          MINISTRY OF COMMERCE
Most internal travel in Angola is by air due     facilities and a quality service. Two            AND TOURISM
to the difficulty of overland travel. Almost     international evacuation companies -             Caixa Postal 1242, Luanda
all flights are heavily booked. The country      Medical Rescue International and SOS             Tel: (2442) 33 8737 / 37 0908
has 244 airports of which only 32 are with       Worldwide offer services in Luanda. All          Fax: (2442) 37 0804
paved runways. The main airport is the           private clinics work in association with
Aeroporto 4 de Fevereiro located four            various types of specialists.                    National Anthem
kilometres from the capital, Luanda.                 Although the civil war isolated Angola       O patria nunca mais
      The flag carrier, TAAG Angola Airlines,    from HIV/AIDS in the early days, there           esqueceremos
has been concentrating on improving its          has been a large growth in the number            Os herois de 4 de fevereiro
services over the last few years. It has         of people infected with the virus in recent      O patria nos saudamos os teus
flights between all the major centres in         years. Donor support coupled with                filhos
the country. In addition there are a number      government initiatives are helping to deal       Tombados pela nossa
of air charter companies handling both           with the problem. The HIV/AIDS                   independencia.
passengers and freight. Investment is            prevalence rate in 2003 was 3.9 percent.
needed to aid the restructuring of TAAG                                                           Bis
and for the rehabilitation of several            HUMAN RESOURCES                                  Honramos o passado e a nossa
airports and improvements to air traffic         Under Portuguese colonial rule human             historia
control systems.                                 resources in Angola were badly                   Construimos no trabalho
      International carriers serving Angola      neglected. After independence there was          o homem novo.
include TAP Air Portugal, Sonangol               a major effort to expand primary and             Angola avante revolucao
Seronautica, SAL, Air France, South              secondary education and to increase              Pelo poder popular
African Airways, Air Namibia and Aeroflot.       adult literacy. However, civil war caused        Patria unida liberdade
                                                 substantial disruptions to the education         Um so povo uma so nacao.
TELECOMMUNICATIONS                               process.
The civil war in Angola has led to the                Angola has eight years compulsory           Levantemos nossas vozes
destruction of Angola’s telecom-                 schooling. The estimated enrolment in            libertadas
munications infrastructure. Teledensity          2003 was 55 percent for primary schools,         Para gloria dos povos Africanos
is very low at 0.5 lines per 100 people.         30 percent for secondary schools, and 3          Marchemos combantentes
    Telephone service is sporadic due to         percent for post-secondary institutions.         Angolanos
inadequate maintenance and repair.               The country has one university, with             Solidarios com os povos
Angola Telecom is the licence holder for         campuses in Luanda, Huambo and                   oprimidos.
land line telecommunications in Angola.          Lubango. The government is looking
The company operates the international           into reforms for the education system.           Bis
128 kbps link as well as a 64 kbps link               The literacy rate is 40 percent of the      Orgulhosos lutaremos pela paz
connection via Global One in the United          population with male literacy at 56 percent      Com as forcas progressistas do
States of America. There are 29 satellite        and female literacy at 28 percent (2002          mundo.                            77
earth stations and since 2005 a fibre            estimate). There is a scarcity of skilled        Angola avante revolucao
optic submarine cable (SAT-3/WASC)               labour, technical and professional               Pelo poder popular
providing connectivity to Europe and Asia.       personnel. The re-development of the             Patria unida liberdade
The services provided include data lines,        skills base is a priority of the Angolan         Um so povo uma nacao.
packet switching, leased lines, cellular         government.

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Diplomatic Missions Abroad
                                                                                            PORTUGAL (Republic of)
                                                                                            Ave. da Republica 2-68-100, Lisbon
                                                                                            Tel: (3511) 796 2552
                                                                                            Fax: (3511) 795 6000 / 392 8588

                                                                                            THE RUSSIAN FEDERATION
ALGERIA (Democratic                          ETHIOPIA (Federal                              Olof Palm 6, 119590 Moscow
People's Republic of)                        Democratic Republic of)                        Tel: (795) 143 6521 / 143 6346
14 Rue Curie - El Biar - Algiers             An Bole Road, Keffegne 18, Kebele 26           Fax: (795) 956 1880/1
Tel: (2132) 92 3793 / 92 5441 / 92 5337      House No. 006, Addis Ababa                     SÄO TOMÉ E PRINCÍPE
Fax: (2132) 91 1894 / 92 0418/9              Tel: (2511) 51 0085 / 51 8278                  (Democratic Republic of)
                                             Fax: (2511) 51 4922                            Caixa Postal 133, Säo Tomé
AUSTRIA (Republic of)
Strohgasse 45/3 A, 1030 Vienna               FRANCE (Republic of)                           Tel: (239) 21017 / 23237
Tel: (431) 718 7488                          19 Avenue Foch, 75116 Paris                    Fax: (239) 12 22597
Fax: (431) 718 7486                          Tel: (331) 46 2438                             SLOVAKIA (Slovak Republic)
                                             Fax: (331) 4500 3371                           Jancova 8B 11/5, 811 02 Bratislava
BELGIUM (Kingdom of)
Rue Franz Merjay 182, 1050 Brussels          GABON (Republic of)                            Tel: (4217) 6280 3373
Tel: (322) 346 1872 / 346 1880               Quartier Louis                                 Fax: (4217) 6280 3364
Fax: (322) 344 0894                          Lote No. 34 de Plan Cadastral, Libreville      SOUTH AFRICA (Republic of)
                                             Tel: (211) 73 0294                             CPK Building, 153 Olivier Street
BOTSWANA (Republic of)                       Fax: (211) 73 7624 / 73 1433
Private Bag BR 111, Gaborone                                                                City Wel, Pretoria
Tel: (267) 390 0204                          GERMANY (Federal Republic of)                  Tel: (2712) 342 0049/50/51/52
Fax: (267) 397 5089                          Heinrich-Lubeck STR 19-53113 Bonn              Fax: (2712) 342 7039
                                             Kaiser Karl Ring 20 C, 53111 Bonn              SPAIN (Kingdom of)
BRAZIL (Federative Republic of)              Tel: (4930) 228 55570
Shis Q1 07, Conjunto 11 Casa                                                                Calle Serrano, 64 3 Piso-Esquina
                                             Fax: (4930) 240 8971 / 279 0999                Don Ramon De La Crz 1, 28001 Madrid
09 Lago Sul, Brasila 71600
Tel: (5561) 248 4489 / 248 4671              INDIA (Republic of)                            Tel: (341) 435 6166 / 435 6430
Fax: (5561) 248 3735 / 248 1567              C17, Malcha Marg                               Fax: (341) 577 9010
                                             Chanakyapuri, New Delhi 110021                 SWEDEN (Kingdom of)
CANADA                                       Tel: (91) 688 268 0268
75 Albert Street, Fuller Building                                                           Roskullsvagen 2, P.O. Box 7661243
                                             Fax: (91112) 611 3512                          18162 Lidingo, Stockholm
Suite 900, Ottawa, Ontario KIP 5E7
Tel: (1613) 234 1152 / 234 1503              ITALY (Republic of)                            Tel: (46) 8766 0372
Fax: (1613) 234 1179                         Via Filippo Bernardini 21, 00165 Rome          Fax: (46) 8366 0372
                                             Tel: (3906) 36 6902 / 36 6941                  SWITZERLAND
CAPE VERDE (Republic of)                     Fax: (3906) 63 4960
Avenida da OUA                                                                              45-47 Rue de Lausanne, 1201 Geneva
Acada de Santo Antonia, Praia                MEXICO (United Mexican States)                 Tel: (4122) 732 3060
Tel: (238) 61 8875, Fax: (238) 61 3417       Av. Schiller No. 503 Col Polanco               Fax: (4122) 732 3092
                                             C.P. 1156, Cidade do Mexico                    TANZANIA (United Republic of)
CHINA (People's Republic of)                 Tel: (525) 545 4618 / 545 4471
1-13-1, Ta Yuan Office Building                                                             P.O. Box 207993, Dar es Salaam
                                             Fax: (525) 545 2733                            Tel: (25522) 23 9235 / 11 7674
Pequim, Beijing 100600
Tel: (8610) 6532 6968 / 6532 6839            MOROCCO (Kingdom of)                           Fax: (25522) 23 2349
                                             7 Rue Bemi Derkoul, Soussi, Rabat              UNITED KINGDOM
CONGO (Republic of the)                      Tel: (2127) 75 6588
C.P. 388, Brazzaville                                                                       98 Park Lane, London WIY 3TA
                                             Fax: (2127) 75 6588 / 65 9238                  Tel: (44204) 495 1752
Tel: (242) 83 6565 / 81 1343
                                             MOZAMBIQUE (Republic of)                       Fax: (44207) 49 5163
CONGO (Democratic Republic of)               C.P. 2954, Maputo
B.P. 8625, Kinshasa 1                                                                       UNITED STATES OF AMERICA
                                             Tel: (2581) 49 3691 / 49 3139
Tel: (243) 33003 / 33859                                                                    1050 Connecticut Avenue NW
                                             Fax: (2581) 49 3930 / 49 1995
                                                                                            Suite 760, Washington DC 20036
CÔTE D'IVOIRE (Republic of)                  NAMIBIA (Republic of)                          Tel: (1202) 785 1156
16 B.P. 1734, 16 Abidjan                     P.O. Box 12020                                 Fax: (1202) 785 1258
Tel: (225) 41 3879 / 41 0343                 Auspannplatz, Windhoek
Fax: (225) 41 2889 / 41 8242                 Tel: (26461) 22 7535                           YUGOSLAVIA (Federal Republic of)
                                             Fax: (26461) 22 1498                           Tolstoyeva, Belgrade
CUBA (Republic of)                                                                          Tel: (381) 66 3199 / 66 3978
Calle 174 No. 16420 E / 164 Y                NIGERIA (Republic of)
166 Siboney, Havana                          5 Kasumu Ekomode Street                        ZAMBIA (Republic of)
Tel: (537) 22 3474 / 29 2205                 Victoria Island, Lagos                         P.O. Box 31595, Lusaka
Fax: (537) 22 2017 / 33 2117                                                                Tel: (2601) 29 0346 / 29 1142         79
                                             Tel: (2341) 61 1702
                                             Fax: (2341) 61 8675                            Fax: (2601) 29 2595
EGYPT (Arab Republic of)
12 Midan Fouad Mohy El-Dine                  POLAND (Republic of)                           ZIMBABWE (Republic of)
Mohandessine, Cairo                          Ul Altowa No. 502, 358 Warsaw                  P.O. Box 3950, Harare
Tel: (202) 337 7602 / 349 8259               Tel: (4822) 601 293 256                        Tel: (2634) 79 0675/6 / 79 0660
Fax: (202) 337 8683                          Fax: (4822) 813 6277                           Fax: (2634) 79 0077

                                   The Official SADC Trade, Industry and Investment Review 2006

				
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