ANGOLA ranks among the countries with the highest growth potential in Africa. It produces 800,000 barrels of oil daily and has estimated reserves of 10 billion barrels. It also has diamonds, 3 million hectares of arable land, many valuable minerals, and one of Africa's largest water reserves, which gives it massive potential for producing electric energy and fishing.

This country was once the world's fourth-largest coffee producer, a major iron ore producer and an exporter of high-quality marble, food and sisal. The industrial sector produced food, beer, textiles, cement and much more. Now, following the advent of peace, the government wants to resume development in order to rebuild and restore Angola to former its position in the business world. Inflation has been kept in check in recent years, and there is a confirmed downturn. The government is carrying out a program to privatize state-owned companies and opening up the oil business to international firms.

Oil - The major product and source of foreign currency earnings. A modern industry, using up-to-date technology, offering a high degree of profitability.

Diamonds - Angola is a source of top quality gemstones, and the Lundas region is one of the most important diamond-producing areas in the world.

Minerals - It is estimated that the subsoil contains 35 of the 45 most important minerals in the world trade.

Fishing - With an extensive coastline, rich in shellfish and a variety of highly-prized fish species, Angola's fishing industry is in the process of being re-established and offers great potential.

Agriculture - Thanks to its extensive river system and varied environment, Angola has enormous potential for the production of tropical and subtropical crops.

Energy - Angola has great hydro electrical potential thanks to its network of large fast-flowing rivers.

Coffee - Certain regions of Angola have ideal climatic conditions for the production of high quality coffee.

Timber - As yet unexploited forests covers 43% of Angolan territory, with particular valuable species in Cabinda. The extensive river system facilitates transport.

Hotel and Tourist Industry - Hundreds of hotels to be restored or constructed. Beach, River and mountain Tourism offering all types of fishing: hunting reserves and natural parks.

Construction and Public Works - A whole country to be rebuilt.