NOVEMBER 11  - ANGOLAN AMBASSADOR SAYS THAT THE COUNTRY NEEDS INVESTORS WITH ENTERPRISING SPIRIT

AMBASSADOR’S WIFE EMPHASIZES EFFORT OF THE GOVERNMENT IN THE IMPROVEMENT OF THE WOMAN'S SITUATION

ANGOLA AND ISRAEL REINFORCE FINANCIAL COOPERATION

AMBASSADOR OF ANGOLA IN ISRAEL INVITED NETANYA`S BUSINESSMEN TO INVEST IN ANGOLA

ANGOLA SEEKS INVESTORS FOR THE SECTOR OF THE TOURISM

ANGOLA: COUNTRY’S OIL PRODUCTION TO REACH HIGHEST LEVEL IN 2011

OIL PRODUCTION - INCOMES OF $152 BILLION UP TO 2009

ANGOLA MAY BECOME WORLD’S BIGGEST PRODUCER OF DIAMONDS

ANGOLA WON THE CANDIDACY TO ORGANIZE CAN 2010

The Angolan Ambassador in Israel, José João Manuel “Jota”, said in Tel-Aviv, that Angola faces nowadays a new era based in the peace, reconciliation and national reconstruction, what turns possible the salutary course of the processes of consolidation of the democracy and the recovery of the social and economic sector of the country.

Ambassador José João Manuel, who spoke before hundreds of guests to the official ceremony of the Embassy of Angola to mark the 32 years of the independence of Angola, made an abbreviation summary of the political scene of the Republic of Angola having left clear that the success in the processes of the voter's registration on one side, and in the extraordinary economic growth on other side are the result of the Angolan government's effort that it is seriously determined in the implementation of programs against hunger and the poverty seeking the well-being of the population.

According to the Ambassador of Angola in Israel, the actual economic indicative is also the result of an excellent international cooperation being Israel part of that partnership picture. For that reason, the Ambassador invited the Israeli entrepreneurs once again to invest in the Angolan market in the base of the friendship, respect, spirit of bilateral help and mutual advantages.

The one thing that the Israeli entrepreneurs need is, according to the Ambassador, “an enterprising spirit.”

Meanwhile, the representative of the Israeli government to the ceremony, the Minister of the Communications, Ariel Atias, said that his country looks with satisfaction the steps given by the government of Angola heading to the consolidation of the democracy, in an allusion to the announcement of the accomplishment of legislative elections in 2008.

The Minister Ariel Atias said that Israel is and will continue to be a partner in the reconstruction projects and development of Angola and guaranteed that Israel is at disposal of Angola in order to provide its technology and knowledge.

The official reception of the Embassy of Angola in Israel was the central mark of a commemorative period of the November 11 day that included sport and recreational activities and lectures on the importance of the date.

The Angolan Ambassador’s wife in Israel, Mrs. Antónia Filipe Cardoso Manuel, said in Tel-Aviv that the Angolan government dedicates special attention to the women's participation in the programs of government of the country.

The Angolan women's active role, said Mrs. Manuel is visible in several sectors leadership that is going from ministers, Members of Parliament and in addition there is a Ministry that is in charge of the family and the women's promotion.

The wife of the Ambassador of Angola in Israel spoke before a group of about 300 women of several countries invited to participate in an event with the title “Meet My Country”, accomplished in the official residence of Angola in the extent of the commemorative agenda of the November 11.

In her speech the Ambassador’s wife in Israel, made an abbreviation summary on the history of Angola till nowadays reinforced with the exhibition of a video with varied themes on our country.

The guests to the event “Meet My Country” were invited for a banquet filled of typical Angolan food.

The Angolan Finance minister, Jose Pedro de Morais, said in Tel-Aviv that Angola and Israel will reinforce and expand existing financial relations.

Angolan Finance minister visited Israel on October 2007 with the aim to reinforce existing financial cooperation, following commitments taken by the two countries, during the visit of the head of State, Jose Eduardo dos Santos, in July 2005, to that Middle East country.

What Angola and Israel are projecting, in practical terms, is the expansion of the financial relations, with a view to the involvement of Israeli government structures, with stress to the intervention of a public agency of insurance credit, providing the Israeli firms operating in Angola with more benefits.

At the meeting with his Israeli counterpart, Ronnie Bar-on, minister Jose Pedro de Morais reiterated the need for the Israeli projects in Angola to be financed in line with the government covering facilities.

To both ministers, the current bilateral cooperation represents an advantageous relation for the two countries, with the visit of Pedro de Morais serving for the creation of the bases for the expansion of existing cooperation.

Angolan Finance minister also discussed with Israeli partners the current state of implementation of various projects in Angola, with highlight to the “Aldeia Nova”, in the district of Wako Kungo, central province of Kwanza Sul.

The minister also discussed projects on the pipeline in the various sectors of the national economy.

The projects implemented by Israeli firms in Angola are financed under a credit line from that Middle East country estimated at Usd 500 million.

The Ambassador of Angola in Israel, José João Manuel “Jota”, said in the city of Netanya, center-north of Israel, that our country is in a reconstruction process, being, for that reason open to all of the Israeli entrepreneurs that intend to invest in the most varied sectors.

The Angolan Ambassador that was speaking in a meeting with the Mayor of Netanya, Miriam Fierberg, reaffirmed the readiness of the Embassy to do everything to help businessmen interested to travel to Angola.

In the specific case of Netanya, for being a city eminently tourist located in the coast of Mediterranean sea, the Angolan Ambassador invited local entrepreneurs of the tourist branch, mainly, in the area of construction of hotels, to go to Angola for market prospecting.

Ambassador José João Manuel and the Mayor of Netanya agreed in maintaining permanent contacts, having the municipality the task of connecting the businessmen of Netanya to the Embassy of Angola. Has first step, the municipality promised to promote a meeting between the Angolan Ambassador and entrepreneurs of telecommunications and textile industry sectors.

The Republic of Angola participated for the first time, in Israel , in an international annual fair of tourism promoted by the Israeli authorities.

To represent the Sector of Tourism of Angola came to Israel , Mr. Amaro Francisco, the Deputy Director of INFOTUR ( Institute of Tourist Promotion ) for who the priority of the sector, in this phase of recovery, is looking for eventual investors' capable to explore with efficiency the tourist capacities that Angola offers.

The stand of Angola received a big number of visitors that get information by videos, slides and brochures regarding to the tourist potentialities of our country.

Angola will attain in 2011 its highest oil production level (two million and 600,000 barrels/year), with discoveries of new fields in deep and ultra-deep waters, according to a prediction of a World Bank report on the country’s economy.

According to the document that was presented in Luanda, at the moment the country produces one million and 600,000 barrels. Oil reservoirs at superficial waters, mainly in the northern Cabinda province, which represent over 50 percent of the current production, have reached their final stages, with the deep and ultra-deep waters being the possible future of the sector.

It indicates that the increase in production may occur if discoveries in the Blocks 31 and 32, of ultra-deep waters start producing soon.

In 2020, according to a bar graph, a low production very similar to that of the year 2000 is expected. Six main areas have been identified in the report that need a plan of analysis, viewing the execution of a development strategy with a wide foundation, amongst which the conclusion of the transition to a market economy.

The Angolan State can collect 152 billion of American dollars from the incomes of oil production  in a period of four years (from 2005 to 2009), if the barrel price will maintained loud, in a scale that varies of $54  (in 2005) to $76 (in 2006).

But in case of the prices become lower (in a variation from $54 to $38 dollars the barrel), the petroleum will yield 74 billion of dollars, in the same period.

The data consist of the study of World Bank.

Os dados constam do estudo do Banco Mundial.

The World Bank predicts that the Angolan economy will record in the next twenty years a production boost in the diamonds that can turn the country into the world’s biggest producer of this mineral.

On a study published in Luanda the World Bank (WB) states that although Angola occupies the fourth place in the rough diamonds producers rank, it has the potential to become one of the biggest producers worldwide.

As example, the report mentions the fact that Angola currently represents about 12 percent of the world’s total production, adding that the diamonds in this Southern African country have good quality.

Data from a research called "Angola Economic Memorandum- Crude Oil, Wide growth and Equity" indicate that in 2000 the diamonds reserves of the country were estimated at 40 million karats in alluvium deposits and 50 million karats in kimberlitic reserves that only now are being explored.

The African Football Confederation, AFC, decided to choose the candidacy of Angola to organize in the year of 2010 the CAN, the African football championship of the nations.

Angola had as opponents in the draw to organize the CAN 2010 Nigeria, Libya and the united candidacy of Equatorial Gabon-Guinea.

Before the draw CAF sent an inspection mission to the five countries candidates to verify the conditions to receive the event.

The content of the report of the mission may have had some weight in the final decision, although it has not counted as reference in the vote of the members.