4:48
Angola - An economy on the rise
A brief economic analysis of Angola.
The Monterey Institute of International Studies, Mo...
published: 10 Dec 2013
Angola - An economy on the rise
Angola - An economy on the rise
A brief economic analysis of Angola. The Monterey Institute of International Studies, Monterey, California.- published: 10 Dec 2013
- views: 15
3:08
Angola's Economic Boom Has Winners and Losers
As Angola is experiencing one of the fastest growing economies in the word, its capital ci...
published: 18 Sep 2012
author: VOAvideo
Angola's Economic Boom Has Winners and Losers
Angola's Economic Boom Has Winners and Losers
As Angola is experiencing one of the fastest growing economies in the word, its capital city, Luanda, is facing a dramatic transformation. It has become a la...- published: 18 Sep 2012
- views: 8066
- author: VOAvideo
6:07
Angola - The Rise of a Colony | Global 3000
Until 1975, Angola was a Portuguese colony. Independence was followed by a lengthy civil w...
published: 27 Mar 2012
author: Deutsche Welle
Angola - The Rise of a Colony | Global 3000
Angola - The Rise of a Colony | Global 3000
Until 1975, Angola was a Portuguese colony. Independence was followed by a lengthy civil war, which left the country in ruins. Now the tables have turned, an...- published: 27 Mar 2012
- views: 14703
- author: Deutsche Welle
2:25
Angola's oil curse widens the wealth gap
Angola is Africa's second largest oil producer and third largest economy. Yet over half of...
published: 15 Oct 2012
author: AFP
Angola's oil curse widens the wealth gap
Angola's oil curse widens the wealth gap
Angola is Africa's second largest oil producer and third largest economy. Yet over half of its population live on less than two dollars a day. Duration: 02:24.- published: 15 Oct 2012
- views: 2224
- author: AFP
8:31
Portugal and Angola - a friendship at risk - reporter
Is Angola replacing Portugal with China as its main trade partner? Amid a political row ov...
published: 22 Nov 2013
Portugal and Angola - a friendship at risk - reporter
Portugal and Angola - a friendship at risk - reporter
Is Angola replacing Portugal with China as its main trade partner? Amid a political row over... euronews, the most watched news channel in Europe Subscribe for your daily dose of international news, curated and explained:http://eurone.ws/10ZCK4a Euronews is available in 13 other languages: http://eurone.ws/17moBCU http://www.euronews.com/1970/01/01/ Is Angola replacing Portugal with China as its main trade partner? Amid a political row over allegations of Angolan money laundering in Portugal, the Angolan president, Jose Eduardo dos Santos, has announced the end of the "strategic partnership" with Lisbon. The oil-rich country has invested billions of euros to rebuild infrastructure destroyed by decades of civil war. Many of the 200.000 Portuguese in Angola work in construction. The decision to end the strategic partnership with Portugal was a shock to its workers in Angola, according to Manuel Alves da Rocha, a leading economist at the Catholic University of Luanda: "We've heard of some Portuguese companies having already problems getting new contracts, especially in the building sector, there we have some serious problems. Moreover, there are unsolved and continuing problems over working visas for Portuguese people wanting to work in Angola. We know that in the Angolan consulate in Portugal quite a lot of visa-requests are turned down." Because of the oil boom, Luanda is now one of the world's most expensive cities to live in, with spiralling costs matched by surging salaries. There is a steady influx of experts from Portugal. Inês Norton, a town and country planner, arrived recently in Angola. Her story is typical. "There's a link between the collapse of the Portuguese labour market and the migration of Portuguese seeking work abroad," she says. "For us, Angola is an obvious option: we speak the same language, it's an accessible country full of opportunities. Here you can earn two or three times what you can in Portugal." The Chinese are also making good money. They are building entire satellite towns, like Kilamba, nearby Luanda, which can house half a million people. If Angola does replace Portugal with China, Brazil or South-Africa, Lisbon will lose a lot. "Portuguese exports to Angola represent an estimated three to four billion euros per year. And money sent by Portuguese migrants from Angola back home... estimates are around 1.3 to 1.4 billion US dollars per year. Those figures are significantly high for a country that is in the midst an economic and social crisis," says Manuel Alves da Rocha. When Angola broke from its colonial master, Portugal, in 1975, most Portuguese left. The euro crisis has brought them back. Compared to most Angolans, the new migrants can expect a life of relative privilege. Some 70 percent of the local population lives on less then two euros per day. Life expectancy is 51 years. Transparency International places Angola among the most corrupt countries worldwide. Officially, Angola's president has a zero tolerance" policy on corruption. But the country is divided between many very poor people and the very rich few. "What happens here... not a single corruption case has gone through the judicial process up to final conviction," says Alves da Rocha. "What we have seen here in Angola, in reality, is the emergence of a class of the super-rich, and the size of their fortunes is difficult to explain given the fact that the money was accumulated in a very short space of time." Judges in Portugal have recently closed several money-laundering inquiries against high-ranking Angolan dignitaries. Some in both countries hope this ruling will also end the political controversy that has proved so costly to bilateral relations. You can find our interview with the economist Manuel Alves da Rocha as extra content on Euronews' Portuguese website. Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews- published: 22 Nov 2013
- views: 4
4:51
Mario Cruz on development in Angola | Banco Atlantico | World Finance Videos
World Finance interviews Mario Cruz, Executive Director at Banco Atlantico, on the positiv...
published: 01 Jul 2013
author: World Finance
Mario Cruz on development in Angola | Banco Atlantico | World Finance Videos
Mario Cruz on development in Angola | Banco Atlantico | World Finance Videos
World Finance interviews Mario Cruz, Executive Director at Banco Atlantico, on the positive macroeconomic developments in Angola. Angola's Economy Minister r...- published: 01 Jul 2013
- views: 51926
- author: World Finance
3:25
Angola Economy
Angola has one of the fastest growing economies in the world, but for some Angolans the de...
published: 19 Sep 2012
author: TV2Africa
Angola Economy
Angola Economy
Angola has one of the fastest growing economies in the world, but for some Angolans the development of the city has a bitter taste. VOA's Emilie Iob reports ...- published: 19 Sep 2012
- views: 353
- author: TV2Africa
4:28
Angola Economy
Emerging economies are often associated with Asia or South America, but over the past deca...
published: 20 Apr 2011
author: TV2Africa
Angola Economy
Angola Economy
Emerging economies are often associated with Asia or South America, but over the past decade, the largest economic growth numbers are actually from Angola. V...- published: 20 Apr 2011
- views: 34322
- author: TV2Africa
0:58
Economic Boom in Angola
Portuguese people are rediscovering the full potential of Angola and they are becoming imm...
published: 13 Dec 2013
Economic Boom in Angola
Economic Boom in Angola
Portuguese people are rediscovering the full potential of Angola and they are becoming immigrants in their former colony. #LivingAngola #Angola #Infrastructures #Economic Development- published: 13 Dec 2013
- views: 9
4:30
Economic Prospects in Angola
The Angolan government's fiscal balance has moved from a surplus of 8.7% in 2012 to a proj...
published: 25 Jun 2013
author: ABNDigital
Economic Prospects in Angola
Economic Prospects in Angola
The Angolan government's fiscal balance has moved from a surplus of 8.7% in 2012 to a projected deficit of 3.4% in 2013. To unpack the country's economic pro...- published: 25 Jun 2013
- views: 6
- author: ABNDigital
24:55
Activate - Angola: Birth of a Movement
Angola's post-war economy is booming and its capital, Luanda, is the most expensive city i...
published: 06 Nov 2012
author: AlJazeeraEnglish
Activate - Angola: Birth of a Movement
Activate - Angola: Birth of a Movement
Angola's post-war economy is booming and its capital, Luanda, is the most expensive city in the world after Tokyo. Although the country is Africa's second-bi...- published: 06 Nov 2012
- views: 10673
- author: AlJazeeraEnglish
1:48
Angola's economic boom
Just 6 years after a three decade-long civil war, Angola is one of the fastest growing eco...
published: 04 Sep 2008
author: AFP
Angola's economic boom
Angola's economic boom
Just 6 years after a three decade-long civil war, Angola is one of the fastest growing economies in the world - up 24% in2007 -- thanks largely to its rising...- published: 04 Sep 2008
- views: 12338
- author: AFP
14:52
Chinese Days - Angola
China bankrolling Angola with billions To see more go to http://www.youtube.com/user/journ...
published: 28 Nov 2011
author: Journeyman Pictures
Chinese Days - Angola
Chinese Days - Angola
China bankrolling Angola with billions To see more go to http://www.youtube.com/user/journeymanpictures Follow us on Facebook (http://goo.gl/YRw42) or Twitte...- published: 28 Nov 2011
- views: 49997
- author: Journeyman Pictures
Vimeo results:
18:04
PRECARIEDADE (PRECARITY), by Megan Michalak, RT: 18 minutes, Chapter 1 (introduction), rough cut
PRECARIEDADE (PRECARITY) is an experimental documentary that narrates a tale of globalizat...
published: 24 Oct 2012
author: Megan Michalak
PRECARIEDADE (PRECARITY), by Megan Michalak, RT: 18 minutes, Chapter 1 (introduction), rough cut
PRECARIEDADE (PRECARITY) is an experimental documentary that narrates a tale of globalization with Portugal as the protagonist. The film examines cycles of boom and bust as told by Portugal as one of the first colonial empires, and recent European countries to collapse under “Austerity” measures resulting from the European Financial Crisis. The context of Austerity marks a “precarious” tipping point for the future of the European Union, as tensions over the debt crisis threaten to dismantle unification, the Euro, and the democratic sovereignty of these nations. Austerity also marks a global tipping point, as debt policies imposed by the IMF for decades in South America and Africa are now being tested in Western Europe. As countries like Portugal privatize and sell off their infrastructure to pay for the debt, we find a surprising process of reversed colonization where the emerging economies of former colonies, such as Angola, have now purchased this infrastructure, introducing reversed and neo-colonial geographies between North and South. While exploring the implications of this socio-political context in Portugal, this film also tells the tale of the rebirth of grassroots activist movements (m12m, precarious workers movement, and others) in Portugal, the seeds of which later spread to Spain, and North America, sparking the “Indignation” and the “Occupy” movements.
In 2012, additional interviews were conducted with activists, journalists, former Parliament members, and artists to discuss the impact of the "Troika" on Portuguese society. Interviewees include: Pedro Rosa Mendes, Raquel Freire, Paula Gil, Raquel Ribeiro, José Soeiro, Ricardo Moreira, Johan Diels, Sara Moreira, and Miguel Januário. Many interviewees have called this "dismantling of democracy" brought on by austerity measures the "counter-revolution."
Original film footage was shot on location in 2011-2012 by Megan Michalak in Cacilhas, Axeimosa, Sequeros, Nodar, Lisboa, and Porto in Portugal. This film contains no found footage.
5:26
Angola
After 40 years of war Angola is now one of the fastest growing economies in the world. Eve...
published: 28 Nov 2011
author: Alexandre Vaz
Angola
After 40 years of war Angola is now one of the fastest growing economies in the world. Even so, development is mostly based in a predatory exploration of mineral resources like oil and diamonds. In Luanda, an extremely wealthy elite contrasts with the poor city dwellers and the underdeveloped rural populations. In Huambo province, at foot of the Mount Moco, the highest peak in Angola lays the village of Kanjonde. Here, 70 families depend on the forest for fuel and construction. This forest patch represents a substantial fraction of one of the highest threatened habitats in western Africa – The Afromontane forest.
In 2010 a team of researchers from several different countries, including Portugal, travelled to this remote region in order to survey biodiversity and to work with the local community to find strategies to reduce the impact on the forest and to ensure his sustainability.
7:50
How do we turn Brain Drain to Brain Gain? - Philip Emeagwali
How Do We Reverse the Brain Drain?
Keynote speech by Emeagwali [emeagwali.com] delivered ...
published: 25 Jan 2008
author: Philip Emeagwali
How do we turn Brain Drain to Brain Gain? - Philip Emeagwali
How Do We Reverse the Brain Drain?
Keynote speech by Emeagwali [emeagwali.com] delivered on October 24, 2003, at the Pan-African Conference on Brain Drain, Elsah, Illinois USA. The entire transcript, letters and photos are posted at http://emeagwali.com/speeches/brain-drain/to-brain-gain/reverse-brain-drain-from-africa.html. Permission to reproduce is granted.
Thank you for the pleasant introduction as well as for inviting me to share my thoughts on turning “brain drain” into “brain gain.”
For 10 million African-born emigrants, the word “home” is synonymous with the United States, Britain or other country outside of Africa.
Personally, I have lived continuously in the United States for the past 30 years. My last visit to Africa was 17 years ago.
On the day I left Nigeria, I felt sad because I was leaving my family behind. I believed I would return eight years later, probably marry an Igbo girl, and then spend the rest of my life in Nigeria.
But 25 years ago, I fell in love with an American girl, married her three years later, and became eligible to sponsor a Green Card visa for my 35 closest relatives, including my parents and all my siblings, nieces and nephews.
The story of how I brought 35 people to the United States exemplifies how 10 million skilled people have emigrated out of Africa during the past 30 years.
We came to the United States on student visas and then changed our status to become permanent residents and then naturalized citizens. Our new citizenship status helped us sponsor relatives, and also inspired our friends to immigrate here.
Ten million Africans now constitute an invisible nation that resides outside Africa. Although invisible, it is a nation as populous as Angola, Malawi, Zambia or Zimbabwe. If it were to be a nation with distinct borders, it would have an income roughly equivalent to Africa’s gross domestic product.
Although the African Union does not recognize the African Diaspora as a nation, the International Monetary Fund (IMF) acknowledges its economic importance. The IMF estimates the African Diaspora now constitutes the biggest group of foreign investors in Africa.
Take for example Western Union. It estimates that it is not atypical for an immigrant to wire 00 per month to relatives in Africa. If you assume that most Africans living outside Africa send money each month and you do the math, you will agree with the IMF that the African Diaspora is indeed the largest foreign investor in Africa.
What few realize is that Africans who immigrate to the United States contribute 40 times more wealth to the American than to the African economy. According to the United Nations, an African professional working in the United States contributes about 50,000 per year to the U.S. economy.
Again, if you do the math, you will realize that the African professional remitting 00 per month to Africa is contributing 40 times more to the United States economy than to the African one.
On a relative scale, that means for every 00 per month a professional African sends home, that person contributes 2,000 per month to the U.S. economy.
Of course, the issue more important than facts and figures is eliminating poverty in Africa, not merely reducing it by sending money to relatives. Money alone cannot eliminate poverty in Africa, because even one million dollars is a number with no intrinsic value.
Real wealth cannot be measured by money, yet we often confuse money with wealth. Under the status quo, Africa would still remain poor even if we were to send all the money in the world there.
Ask someone who is ill what “wealth” means, and you will get a very different answer than from most other people.
If you were HIV-positive, you would gladly exchange one million dollars to become HIV-negative.
When you give your money to your doctor, that physician helps you convert your money into health - or rather, wealth.
Money cannot teach your children. Teachers can. Money cannot bring electricity to your home. Engineers can. Money cannot cure sick people. Doctors can.
Because it is only a nation’s human capital that can be converted into real wealth, that human capital is much more valuable than its financial capital.
A few years ago, Zambia had 1,600 medical doctors. Today, Zambia has only 400 medical doctors. Kenya retains only 10% of the nurses and doctors trained there. A similar story is told from South Africa to Ghana.
I also speak from my family experiences. After contributing 25 years to Nigerian society as a nurse, my father retired on a 5-per-month pension.
By comparison, my four sisters each earn 5 per hour as nurses in the United States. If my father had had the opportunity my sisters did, he certainly would have immigrated to the United States as a young nurse.
The “brain drain” explains, in part, why affluent Africans fly to London for their medical treatments.
Furthermore, because a significant percentage of African doctors and
6:01
Kadhafi’s Africa: The Untold Story
THE MANY LIES TOLD BY THE WEST IN THEIR WAR AGAINST LIBYA
*A- THE REAL REASONS FOR THE WA...
published: 30 Jun 2012
author: UN_ilateral
Kadhafi’s Africa: The Untold Story
THE MANY LIES TOLD BY THE WEST IN THEIR WAR AGAINST LIBYA
*A- THE REAL REASONS FOR THE WAR IN LIBYA*
1- The first African satellite RASCOM 1
It was Libya’s Kadhafi who gave all of Africa its first real revolution in modern times: by ensuring universal coverage of
the continent via telephone, television, radio-broadcast and the many other applications such as telemedicine and
long-distance learning; for the first time in history, a low-cost connection became available across the continent, and
even into rural areas thanks to a bridging WMAX system.
The story begins in 1992 when 45 African countries created the RASCOM organization to acquire an African satellite in
order to bring down the cost of communications across the continent.
At that time, calling from or to Africa had the most expensive call rates in the world, since there was a surcharge of
500 million dollars which Europeans collected annually on telephone conversations even within some African countries,
just to transmit voice messages via European satellites like Intelsat. An African satellite would barely cost 400 millions
dollars payable once and thus avoiding the 500 million annual rental fees. Which banker wouldn’t finance such a
project?
But the difficult part of the equation remained unsettled: how does a beggar gain their freedom from exploitation by
their master by borrowing money from this same master to achieve this?
And so, the World Bank, the IMF, USA, the European Union had needlessly been bilking these countries for over 14
years.
It was in 2006 that Kadhafi put an end to the agony of senseless begging from those supposed benefactors in the West
who only grant loans at predatory rates; the Libyan leaders put 300 million dollars on the table, the African
Development Bank put 50 million, the West African Development Bank contributed 27 million and it is thus, Africa has
owned its very own communications satellite since December 26th 2000;
The very first communications satellite in its history. In the meantime, China and Russia have jumped in, this time by
donating their own technology which allowed the launching of more new satellites; South-Africa, Nigeria, Angola,
Algerian and even a second African satellite was launched in July of 2010.
And by 2020, we are expecting the very first satellite which would be 100% African and built on African soil,
specifically in Algeria. This satellite is expected to be amongst the best in the world, but would cost ten times
cheaper, a true achievement.
This is how a simple gesture worth 300 millions dollars can change the lives on an entire continent.
Kadhafi’s Libya had cost the West not only the 500 million dollars annually but billions of dollars from debt and interest
which this debt would have generated ad infinitum and exponentially, and contributed towards sustaining the obscure
system which continues to rob Africa blind.
2- African Monetary Fund, African Central Bank, African Investment Bank
The 30 billion dollars which M. Obama confiscated belongs to the Libyan Central Bank and was earmarked as the Libyan
contribution toward the finalization of the African Federation in its three keystone phases:
The African Investment Bank to be based in Sitre-Libya, The creation in 2011 of the African Monetary Fund with a
startup capital of 42 billion dollars with Yaoundé as its headquarters, the African Central Bank with its headquarters in
Abuja-Nigeria from which, the first issuance of legal tender would signal the end of the CFA Franc through which Paris
has been able to pillage some African countries for over 50 years. From this we can understand France’s grudge against
Kadhafi.
The African Monetary Fund would supplant in each and every way the activities of the International Monetary Fund on
African soil – a role which, using barely 25 billion dollars in capital, the IMF had been able to bring an entire continent
to its knees through questionable privatization policies, as witnessed by the reality of forcing African countries to
trade-in one public monopoly for a private monopoly.
It was these same Western countries which came knocking at the door trying to become members of the African
Monetary Fund (AMF) and its was via a unanimous vote of 16-17 in December 2010 in Yaoundé that Africans rejected
this proposition, enshrining that only African countries would be members of the AMF.
It therefore seems obvious that after Libya, the Western coalition will declare its next war against Algeria, since, in
addition to its enormous energy resources, that country has financial reserves exceeding 150 Billion Euros.
This is much coveted by all the countries which are now bombing Libya all of whom have the same things in common,
they are all practically bankrupt, the USA alone has 14.000 billion dollars in debt, France, Great Britain and Italy each
have 2.000 Billion in public debt while all the 46 countries of Sub
Youtube results:
6:08
Eye on Angola's Economy with Gregory Havermahl
(www.abndigital.com) Fitch Ratings recently lifted its sovereign credit outlook on oil-pro...
published: 30 May 2012
author: ABNDigital
Eye on Angola's Economy with Gregory Havermahl
Eye on Angola's Economy with Gregory Havermahl
(www.abndigital.com) Fitch Ratings recently lifted its sovereign credit outlook on oil-producer Angola to positive from stable, saying the country's prudent ...- published: 30 May 2012
- views: 923
- author: ABNDigital
5:22
Eye on Angolan Economy with Ronak Gopaldas
(www.abndigital.com) For years one of the fastest growing economies in the world, Angola's...
published: 02 May 2012
author: ABNDigital
Eye on Angolan Economy with Ronak Gopaldas
Eye on Angolan Economy with Ronak Gopaldas
(www.abndigital.com) For years one of the fastest growing economies in the world, Angola's is seen returning to double-digit growth in 2012, boosted by a reb...- published: 02 May 2012
- views: 376
- author: ABNDigital
69:20
U.S.-Angola Economic and Political Relations
ORIGINALLY RECORDED September 29, 2009 Watch Assun��o Afonso dos Anjos, the minister of ex...
published: 18 May 2011
author: cfr
U.S.-Angola Economic and Political Relations
U.S.-Angola Economic and Political Relations
ORIGINALLY RECORDED September 29, 2009 Watch Assun��o Afonso dos Anjos, the minister of external relations for the Republic of Angola, speak about Angolan de...- published: 18 May 2011
- views: 666
- author: cfr
1:46
Lubango, Angola
Lubango is the capital city of the Angolan province of Huíla. The city, originally establi...
published: 07 Apr 2013
author: Lizzy America
Lubango, Angola
Lubango, Angola
Lubango is the capital city of the Angolan province of Huíla. The city, originally established in 1885 to serve colonists from the Madeira Islands, lies at a...- published: 07 Apr 2013
- views: 420
- author: Lizzy America