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Angola: Inequality clouds growing economy
- Source: Africa Renewal, Volume 28, Issue 2, Aug 2014, p. 20 - 21
- French
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- 31 Aug 2014
Abstract
Angola has one of the world’s fastest growing economies. Its economy grew by 5.1% in 2013. As major public infrastructure investments in energy and transport kick in, its growth is projected to reach 7.9% in 2014 and 8.8% in 2015. Yet, the United Nations Development Programme (UNDP) reports that around 36% of Angolans live below the poverty line and one in every four persons is unemployed.
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