Angola's Sustainable Growth and Regional Role beyond the Elections

Abstract

Angola’s economic boom averaging about 17 per cent per annum, is centred on its extractive oil industry and has made Angola one of the fastest growing economies in sub-Saharan Africa and the world. With national peace providing stability and a strong military to negotiate regional threats, Angola is expected to consolidate its position as a regional power commensurate with its economic and military might. However, Angola faces challenges in the political, social, economic, governance, security and foreign policy arenas. It will also have to contend with election-related violence. While a bright medium-term future is in prospect for Angola, the country will have to negotiate and overcome these challenges to sustain its long-term peaceful development.