With the economy of Angola stabilising after the end of a long-lasting civil war, port development comes into focus
Angola might still be recovering from the wounds inflicted on its economy by a 27-year civil war that ended in 2002, but the country has opened its maritime industry for investment with a comprehensive development project of Namibe Bay that is now under way.
The revival of the Angolan economy, albeit slow, is being realised alongside the reduction of the country’s “dependency on oil and diversifying the economy, rebuilding its infrastructure, improving institutional capacity, governance, public financial management systems, human development indicators, and the living conditions of the population” according to the World Bank.
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