PESA
Republic of Angola

Republic of Angola

Political Economy Summary

Capital Luanda
Independence 11 November 1975
Current Head of State & Govt H.E. João Manuel Gonçalves Lourenço
Minister of Foreign Affairs Manuel Domingos Augusto
Minister of Finance Archer de Sousa Mangueira
Central Bank Govenor José de Lima Massano
Next National Elections Date 2022
Government Website http://www.governo.gov.ao/
Parliament Website http://www.parlamento.ao

 

 

Editorials

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Trade and Regional Integration in Angola: FY2019/20
Angola's exports have grown consistently during the period from 2015 to 2018. The growth in exports has supported a recovery in gross official foreign exchange ...
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GDP Growth and Public Finance in Angola: FY2019/20
Real GDP Growth in Angola declined drastically after the post-2014 international commodity crisis that led to a halving of the price of crude oil. GDP ...
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Angolan Public Debt Sustainability
Angola´s public debt increased exponentially, after 2013, due to the economic crisis caused by lower oil prices which led to depreciation of the AOA and ...
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PESA Editorial - Angola - 3Q2018/19
Post-independence Angola was challenged with conflict and political instability mainly from two liberation organisations; People’s Movement for the Liberation of Angola (MPLA) and the National ...
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Media

Click on a thumbnail below to view the latest PESA public engagements on issues relating to Angola.

PESA Power987 Interview
Interview reflecting on public debt sustainability in Angola and how the government can encourage economic diversification whilst maintaining sustainable public debt. The interview looks at ...
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SAfm Interviews
Interview about the looming public debt crisis in the Southern African Development Community (SADC) focused on the its source and what governments can do to ...
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BusinessDay TV
Interview about changes in Presidents in Angola, Zimbabwe and South Africa; their promises as they enter new terms; and approaches to dealing with corruption and ...
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PESA Power987 Interview
Interview about the SADC political economy outlook for 2018. The interview also analyses the impact of political uncertainty associated with upcoming elections in the DRC, ...
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Angola Geographic Location
Geographic Location

Angola is located on the Atlantic Coast of Southern Africa between Namibia and the Republic of the Congo. It also is bordered by the Democratic Republic of the Congo and Zambia to the east. The country consists of a sparsely watered and somewhat sterile coastal plain extending inland for a distance varying from 50 to 160 km. Slightly inland and parallel to the coast is a belt of hills and mountains and behind those a large plateau.

Angolan Cities
Angolan Cities
Angolan Coat Arms
Coat of Arms

The Angolan coat of arms reflects the recent past of the new nation. There is heavy Marxist imagery found on the coat of arms, which is expanded from the national flag’s imagery.

At the centre the agricultural implements represent the revolution through which independence was gained from the Portuguese and the importance of agricultural workers. The star above both emblems is often found in many socialist images. The star is taken to represent progress. The rising sun is the traditional symbol of a new beginning. These emblems are all enclosed within a circle formed by a half cog-wheel that represents the industrial workers, and a half maize and cotton leaves that represents the agriculture. Since 1990, the text on the banner was changed to read República de Angola from República Popular de Angola and the cog-wheel was changed to silver from gold.

The open book at the bottom represents education. A banner reads “Republic of Angola” at the bottom, in Portuguese. Details of the insignia are laid down in Article 163 of the Constitution of Angola.

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