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An Angolan oil rig under repair

Angola’s oil comeback: Cautious optimism

  • In 2008, Angola appeared set to overtake Nigeria as Africa’s largest oil producer
  • The oil price crash drastically reduced production, and the Angolan government failed to revive investment when prices rose again
  • Reforms enacted under President Joao Lourenco could reverse this trend
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Dr. Carole Nakhle
Oil production is largely concentrated in deep waters, where investment and operating costs are significant
read more about it in the report
What's inside
  • In 2008, Angola appeared set to overtake Nigeria as Africa’s largest oil producer
  • The oil price crash drastically reduced production, and the Angolan government failed to revive investment when prices rose again
  • Reforms enacted under President Joao Lourenco could reverse this trend
Who will benefit?
  • Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
  • Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.
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