Human Capital and Labour Report Angola
The Republic of Angola (República de Angola) is situated in southern Africa and is bordered by the Democratic Republic of the Congo (DRC) to the north, Zambia to the east, Namibia to the south and the Atlantic on the west. After two decades of devastating civil war, Angola experienced tremendous economic growth of 17% between 2003 and 2008, but has since declined due to the oil price slump resulting in a decreased growth rate of 3.9% in 2014. However, Angola’s growing dynamic, abundant and young population has the potential to become a huge labour force, capable of creating a robust domestic market and reigniting economic growth. Educational enrolment rates across all levels have increased, especially for tertiary education. However, similar improvements in the quality of education have not been observed in the country with pupil-teacher ratios worsening. Through policies that seek to diversify the economy and bolster education and skills development, the country has the ability to reduce inequality and lower poverty levels, which have been severely hampered by the country’s serious HIV/AIDS and malaria epidemic, and which pose a serious challenge to the country’s human capital resources. Importantly the Angolan labour force has grown by 1.3 million people over the period from 2008 to 2013, creating much optimism surrounding the country’s future development.
This country analysis focuses on broad human capital indicators including:
- Country profile, including a brief overview of the country; corruption and governance indicators; and the business culture.
- Economic indicators, including an overview of the economy; largest companies; foreign aid and foreign investment.
- Socio-demographic indicators, including population parameters, standard of living and poverty measures.
- Healthcare and wellness: The focus here is on the impact of Tuberculosis (TB), HIV/AIDS and malaria on the workforce and workplace; the availability of specialist healthcare and also primary and secondary healthcare.
- Education trends, including the education level of the population and workforce; education standards and output; as well as the training and skills development framework.
- Labour force, including the economically active population; job creation; employment sectors; skills shortages; employment of expatriates; brain drain; industrial relations; professional human resource management; economic empowerment and more.
Throughout the research, implications, challenges and recommendations are offered to employers, policy makers, donors, investors and the human resource management fraternity. This is all done within the context of the Angolan socio-economic realities.
Where appropriate, comparisons were made against South Africa, Nigeria and Mozambique. Nigeria was selected because it is the largest economy in Africa; South Africa for being the second largest economy and most modern economy in Africa; and Mozambique for its similar historical and geographic context. The data of these countries are used to provide context and perspective.
The country analysis refers only briefly to the Angolan economy, political situation or general risk factors. There are dozens of platforms, reports, research and publications available in that regard for those who wish to apprise themselves of information relating to those areas.
The research is unique by its predominant focus on the Angolan labour force.