Angola is currently experiencing a post-war construction boom, funded largely by the proceeds of its oil exports. Most of the foreign investment is from firms in China, Portugal, Brazil, and South Africa; however, recently there has been something of a scramble as European countries look to capitalise on the perceived opportunities. There is huge demand for housing and transport infrastructure, as well as considerable potential for the development of a hydro-electricity industry.

In 2008 Angola is poised to enjoy real GDP growth of 12.4% thanks to its booming oil sector, coupled with strong growth in the non-oil sector that will be boosted by ongoing reconstruction efforts. Over the medium term, however, moderating oil prices and slowing oil production will conspire to rein in the rate of economic expansion and will pull real GDP growth down to a still-enviable 6.8% by 2012.

Foreign investment continues to flood in from emerging market giants; in October 2007 seven cooperation agree4ments were signed with Brazil, and a US$1bn extension was provided to the existing credit line facilitating investment from Brazilian companies. The Brazilian construction company Odebrecht is an active player in Angola's infrastructure boom, having won contracts for many projects.

Furthermore, finance from China shows no sign of abating, with financial support pledged by China for reconstruction in Angola now standing at almost US$7bn. China's aid includes two credit lines each of US$2bn from the country's Exim Bank, and US$2.9bn from China International Fund. Finance from the West is also burgeoning: Angola recently received large credit lines from European banks eager to foster trade between Angola and Europe, with France's Societe Generale and Germany's Deutsche Bank loaning EUR300mn and EUR225mn, respectively.