Last night Hannelese and Jean, William and Jean Pierre arrived and joined us for supper. Their journey from Congo DRC through Angola had been very similar to our experiences, their ferry crossing of the Congo river less busy and less hassled.
The two boys had been treated to some new farm equipement.
It appears most of Angola’s revenue is coming from Oil and I will update the production soon, although it is reputed to have overtaken Nigeria’s. Most of the oil coming from Cabinda a small part of Angola cut off and surrounded by the Congo.
Angola’s current oil production of 2.1 million barrels a day produces an expected revenue for 2009 of 42 billion $ and this is already in the spend budget. One third will be used to improve living standards of the ordinary Angolan. They also wish to improve the once prosperous agricultural sector and the general infrastructure roads etc. From what we could see the Chinese are heavily involved with the roads and the news papers report the Americans are involved with the oil extraction in the enclave of Angola around Cabinda. 779 million barrels expected this year giving 2.1 million dollars per day producing in oil alone 42 billion dollars.
The government have promised one million new homes for the poor over the next four years costing an expected fifty billion.
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