Angola’s Financial Sector: A Roundtable Report
Angola is currently the third largest economy in sub-Saharan Africa. Its rapid economic growth over the last decade has been driven almost exclusively by the oil sector: 98% of Angola’s exports are linked to this sector. Yet, Angola has also seen explosive growth of its financial sector. Banking sector assets have grown from US$ 3 billion in 2003 to an estimated $60 billion in 2013.
To analyse these developments in Angola's financial sector, the Global Economic Governance Programme, at the Blavatnik School of Government, University of Oxford, and the Chr. Michelsen Institute, convened a daylong inter-disciplinary roundtable of experts in June 2015. The roundtable explored the drivers of the rapid growth of the financial sector; the links between the oil and financial sectors; and the interface between Angola’s financial sector and the global economy. This report summarises the key findings that emerged, and includes a background analysis on Angola’s financial sector, written by leading experts.
Human rights in Angola
Inge Amundsen (CMI), Cesaltina Abreu and Catarina Gomes (LAB)
The non-oil tax reform in Angola: Escaping from petroleum dependency?
Odd-Helge Fjeldstad, Aslak Orre and Francisco Paulo
The Extractive Industries and Society
Omdømmerisikoen for både Norge og Equinor bør tas opp til bred diskusjon
Arne Wiig, Rune Jansen Hagen, Ivar Kolstad
Inter-group interaction and attitudes to migrants
Mintewab Bezabih, Sosina Bezu, Tigabu Getahun, Ivar Kolstad, Päivi Lujala, and Arne Wiig
Justifiable energy injustices? Exploring institutionalised corruption and electricity sector “problem-solving” in Ghana and Kenya
Festus Boamah, David Aled Williams, Joana Afful
Energy Research and Social Science
Gender, regulation, and corporate social responsibility in the extractive sector: The case of Equinor’s social investments in Tanzania
Siri Lange,Victoria Wyndham
Women's Studies: International Forum