SONANGOL

UNIVERSO

Uwww.universo-magazine.comniverso DECEMBER 2012

Happy Birthday Sonangol London!

ISSUE 36 – DECEMBER 2012

ANGOLA GERMANY: WILD FRONTIERS: CUISINE: INSIDE: Engineering success Cross-border conservation Thought for food oil and gas news Brazuk Ltd Contents Universo is the international magazine of Sonangol Board Members Francisco de Lemos José Maria 4 ANGOLA NEWS BRIEFING (President), Mateus de Brito, Anabela Fonseca, Sebastião Gaspar Martins, President honours Congo Kings; Gove Dam Fernando Roberto, Baptista Sumbe, restarts; Cacuso rail link; Palancas Negras Raquel Vunge football team through to finals; Angola polio Sonangol Department for victory commemorated; Cabinda’s ports get Communication & Image Director $1 billion-dollar investment

João Rosa Santos © Photographer: Jens Görlich CGI: MO CGI GbR Corporate Communications Assistants 6 Nadiejda Santos, Lúcio Santos, Sarissari ANGOLA-GERMANY: Diniz, José Mota, Beatriz Silva, Paula 6  Almeida, Sandra Teixeira, Marta Sousa, ENGINEERING SUCCESS Hélder Sirgado, Kimesso Kissoka Lula Ahrens Partnership in high technology and training Publisher Sheila O’Callaghan Editor COOK’S TOUR OF ANGOLA’S KITCHENS John Kolodziejski 14 Art Director What tickles Angola’s tastebuds Tony Hill A note of Sub Editor Ron Gribble LUANDA’S EMBRACE: Circulation Manager 20  14 Matthew Alexander optimism THE BENGO REGION Project Consultants Nathalie MacCarthy Providing for Luanda’s growth and leisure

Mauro Perillo Brazuk Ltd Group President John Charles Gasser ngola’s remarkable economic growth is much more than just 28 PROLONGING ANGOLA’S OIL BENEFITS a building boom. Important quality-of-life changes are also Universo is produced by Impact Media The new sovereign wealth fund Custom Publishing. The views expressed under way, often going unnoticed by many. in the publication are not necessarily those of Sonangol or the publishers. One case in point is Luanda Bay’s shoreline makeover. Reproduction in whole or in part AsA well as the project’s obvious success in removing traffic bottlenecks without prior permission is prohibited. 32 KINGDOM OF THE WILD FRONTIERS 20 and opening up the improved leisure area to all, the removal of waste This magazine is distributed to a closed A vast cross-border conservation area takes shape circulation. To receive a free copy: water and other pollutants provides cleaner water and sweeter- [email protected] smelling air as well as an improved sea-life habitat. Circulation: 17,000 Leslie Crookes Walkers now delight in the sight of densely-packed shoals of fish 40 PARALYMPICS TEAM STRIKES GOLD turning the water into a bubbling cauldron as they leap and feed on Talisman Sayovo gains gold again small fry. Priceless. Davenport House Another overlooked quality upgrade in Angola’s everyday life is in 16 Pepper Street its service industries. Qualified younger people, many trained abroad, 32 London E14 9RP 42 SONANGOL NEWS BRIEFING United Kingdom now offer services matching those of any developed economy. Sonangol and Maersk oil find; ZEE latest; new Tel + 44 20 7510 9595 Recently having to set up a mobile broadband connection – an Fax +44 20 7510 9596 fuel depot at Kuando Kubango; Sonangol Starfish [email protected] essential item for any visiting businessman – a visit to a small, inner- returns Brazil block; Team Schlesser denied World www.universo-magazine.com city mobile phone shop was rewarded with helpful, speedy service Cup win; Sonangol grants 500 scholarships; Rio Cover: Viewgene from the staff, delivered with smiles. Hugely satisfying. Oil and Gas

Angola is getting there, and not just in the built environment! Henrique Malungo, courtesy of BP Angola

John Kolodziejski 44 LONDON REGENERATION Editor 40 Sonangol Ltd turns thirty

2 SONANGOL UNIVERSO DECEMBER 2012 3 Angola news briefing Angola news briefing

Palancas Negras President Billion-dollar Angola polio through to finals honours ports bonanza victory ■ Over $1 billion is to be invested in Cabinda province ports over the next five years, says Transport Minister Congo Kings Augusto da Silva Tomás. He made the announcement during the opening ceremony of the new pier at ■ President José Eduardo dos Santos has laid a Cabinda port, which he said was just the starting point statue foundation stone commemorating the kings of a larger programme. of the once powerful ancient Kingdom of the Congo The minister revealed that construction of a new which included parts of present-day Angola. deepwater port would go ahead at Caio, also in The act took place at M’banza Congo in Zaire Cabinda province: “We are doing our best so that the province, where the government aims to raise the port gains an important role in the group of national status of the city to an UNESCO World Heritage and neighbouring countries’ ports, namely those Site and help make it an historic tourist attraction. in the two Congos.” He added that the investment Minister for Culture Rosa Maria Martins da Cruz was proof of the Angolan government’s strong e Silva said the statue was also a tribute to King commitment to development and better wealth Dom Antonió the First, who ruled Congo 1661- distribution in the country. 1665. M’banza Congo was then the main city on the west coast of Africa and had a population of Rob Byron 44,000 including around 4,000 Europeans. Brazuk Ltd ■ In August, Angola commemorated a year without any new polio cases being reported. In 2010 there were 33 cases and just five in 2011, while in the 12 months to August none were reported. The last case registered was that of a 14-months-old child in Uíge province in July Cacuso rail link 2011. The success is attributed to improved disease surveillance and mass polio vaccination campaigns, along with greater access to safe ■ Rail company Caminhos de Ferro de Luanda (CFL) is to water, sanitation and hygiene. build a new branchline off the Luanda-Malange route to serve the rich agribusiness lands around Cacuso. Two main sites will benefit: Biocom, where an ambitious sugar and ethanol complex has been ramping FIGURED OUT Angola in numbers up production to meet Angola’s sugar needs and has the prospect of producing biofuel as well; and Pungo Andongo, a huge irrigated farming area producing a large range of agricultural products. $5 billion 100,000 tonnes ALEXANDER JOE/AFP/Getty start-up pot for Angola’s sovereign wealth fund Bengo’s banana crop for 2012/2013

■ Angola’s national side, the Palancas Negras, beat Zimbabwe 2-0 in Gove Dam restarts Luanda in October. Both goals, scored in the first five minutes, came from team talisman and former Manchester United player Manucho. The ■ President dos Santos reopened the Gove Dam in 20 million tonnes Palancas turned around a 3-1 defeat suffered in the first leg match in Huambo province at the end of August. The 60MW annual future output from Kassinga iron ore mine Harare and qualified thanks to their away goal. hydropower plant on the River Cunene had been off-line The result means Angola go through to the finals of the Africa Cup of for over 20 years. The revamp means more power for Nations for a fifth successive campaign. The AFCON finals will be held in industry in Huambo and Bié provinces. There are around South Africa in 2013. The Palancas’ win was the team’s second victory in 120 industries in Huambo, and the dam’s energy is likely to 14 15 million three matches for their Uruguayan coach Gustavo Ferrín who took over boost interest in a new greenfield industrial park at Caála. number of Angolan airports totally upgraded by 2014 annual passenger capacity at new Luanda Airport hub in July.

4 SONANGOL UNIVERSO DECEMBER 2012 5 INTERNATIONAL Martin Lehmann

ANGOLA-GERMANY: ENGINEERING SUCCESS

The most obvious evidence of Germany’s presence in Angola is the array of high-quality vehicles on its roads. However, economic interchanges between the two countries are taking place in other, often less visible areas. Universo takes a closer look

6 SONANGOL UNIVERSO DECEMBER 2012 7 INTERNATIONAL INTERNATIONAL

ngola is well aware of Germany’s well-deserved global reputation for reliable, quality engineering. Luanda’s police use Audi cars toA patrol the streets, while other imposing German vehicles such as BMWs and Mercedes-Benz grace Angola’s newly- rebuilt roads from Cabinda to Cunene. President José Eduardo dos Santos expressed his own confidence in German engineering prowess during the visit of Chancellor Angela Merkel in July last year when he said her country would be the preferred partner in Angola’s energy projects. “I informed her that Angola will build three large power dams over the next © Photographer: Jens Görlich CGI: MO CGI GbR few years and the electromechanical Angop equipment used in these power- President dos Santos alongside Chancellor Merkel during her 2011 visit to Angola Lufthansa flies to Luanda twice weekly production plants would be of German origin,” the president said. The equipment, he said, was key to enabling all Angolans GIZ has been working in Angola since Chancellor Merkel’s visit was German companies mainly turbines, would be worth around to take part in the life of Angolan society. 1995, initially helping in food security, €1 billion, he added. He pointed out to journalists that when peace-building and rehabilitating the with offices Germany’s Voith and Siemens are seen Angola achieved independence there had physically handicapped. More recently, “written in letters of gold as the likely beneficiaries of this verbal been a 98 per cent illiteracy rate. “That German government support has in Angola agreement, given that Voith supplied data is the starting point, and although concentrated its efforts on aiding Angola’s in the history of relations the turbines for the recently upgraded much improved since, there is still a lack of vocational education, training and ASGM (VW) Cambambe Dam near Dondo. qualified personnel in sufficient numbers, business development. BAUER Angola The first of three dams slated to use which is the condition for getting value GIZ is addressing this problem through between the two countries” the German equipment is the country’s from Angola’s potentially rich land.” helping reform vocational training under Bayer HealthCare largest power project, the 2,067 megawatt Germany’s ambassador Jörg-Werner the Ministry of Public Administration, German-backed trainees in Luanda Commerzbank Laúca Dam in Kwanza Norte province. Marquardt agrees that one of the greatest Employment and Social Security Construction work began in June and the constraints on social and economic (Mapess), notably in construction. One DHL Internacional (Angola) dam is expected to come on-line in July 2016. development is a shortage of skilled workers. of Germany’s success stories has been its Ferrostaal AG President dos Santos described the “We give a great deal of support to apprenticeship scheme; which combines joint declaration of common intent during professional training because we believe on-the-job learning with formal college GAUFF Engineering Chancellor Merkel’s visit as “written in that without qualified people we won’t training. Just over half of Germany’s young GIZ International Services letters of gold in the history of relations have sustainable development,” he told people go through this system. There are between the two countries”. Jornal de Angola. more than 340 recognised professions Krones Angola The chancellor was the first German Consequently, one of the main thrusts of where this training qualification is a Kuehne + Nagel (Angola) head of government to visit Angola. Germany’s co-operation efforts in Angola is condition of employment. She agreed to a “wide-ranging political vocational. Its aim is to help build Angola’s GIZ work in Angola includes capacity- Lufthansa partnership” between the two countries, human capital to aid industrialisation and building for defining occupational Nehlsen Ambiente Angola which included the creation of a bilateral economic diversification as well as socio- profiles, skill requirements, curricula and commission charged with developing economic integration. test item development as well as training Nokia Siemens Networks political, social, economic, cultural, Vocational training, widely viewed as for certain trades such as bricklaying and Schenker AG scientific and educational relations. a key ingredient to Germany’s economic installing domestic electrical wiring. The success, is supported in Angola under organisation has done this by calling on Sertopo Training and education a bilateral government-to-government practitioners to contribute to and agree Siemens SA Angola President dos Santos also indicated there agreement by the German Agency for on the requisite skills to be learnt. would be a German role in developing International Cooperation (GIZ) on behalf of GIZ has also held seminars aimed TrevoTech much-needed training and education to the German Federal Ministry for Economic at promoting small and medium-sized C Woermann Angola aid Angola’s industrialisation. Education, Cooperation and Development (BMZ). enterprises in Angola. Germany’s powerful

GIZ-FormPRO copyright R.Maro Source: German Embassy, Luanda

8 SONANGOL UNIVERSO DECEMBER 2012 9 INTERNATIONAL INTERNATIONAL

waste-water system of Lubango, with an meeting of commitments, and punctuality investment and finance package of €90 in meetings as well as in meeting GAUFF’s activities in Angola million. Lubango has a very fast-growing timetables agreed in contractual clauses population of around 1.2 million. – in other words, responsibility in their WATER Pipe-laying in Lubango Apart from these activities, GAUFF approach,” he says. Water supply: exploration, storage, has also drawn up proposals for mini- During his long stay in Germany, transport and distribution hydropower plants for decentralised Ferraz was a leader of the Angolan student Waste-water: drainage, treatment, energy supplies to various provinces. community. Consequently, he travelled and re-use of treated water and sludge The company employs many throughout the country and got to know Angolans and offers them practical and all 16 federal states. ENVIRONMENT theoretical training based on the German “Learning the language opened many Solid-waste management apprenticeship system, which is a very doors for me and made it easier to fit in important aspect in all the projects socially. It was a much smoother and TRANSPORT The promotion of capable young deeper relationship.” Urban transportation solutions  Angolan technicians together with other Ferraz read widely in German and, (roads, rails and parking) German partners and universities is an being passionate about music, appreciated important objective in GAUFF’s strategy. contemporary German artistes such as ENERGY For many years, it has organised studies Matthias Reim, Modern Talking and Hydropower for its Angolan employees in Europe. Herbert Grönemeyer. Renewables (solar and wind energy) To fulfil its social responsibility, the Ferraz said his favourite German dish GAUFF Foundation co-operates actively was Maultaschen, a kind of pasta envelope, AGRICULTURE with Angolan social foundations and similar to ravioli, filled with minced meat Rural development and organisation promotes and assists, among other in hollandaise sauce or cream, as well as Dams and irrigation activities, several orphanages in Angola the famous Nuremberg sausages. Rural transportation and sports clubs in the provinces. Courtesy GAUFF Engineering Angolan Orlando Ferraz (pictured right) has been with GAUFF for seven years, “The attractions of working for a having spent a total of 17 years in Germany economy is mainly based on the small and engineering-consultancy services and As part of its Fast Track Solutions, where he studied at the Universities of medium-sized companies which account water-supply systems. GAUFF offers close co-operation with Bonn and North Rhine-Westphalia. German company are seriousness, for 80 per cent of its GDP. German banks, which can provide tailor- “The most attractive points in working GAUFF fast track made long-term financing. for a German company are those that thoroughness and responsibility in Angola-Germany trade One of Germany’s most prominent Since its arrival in Angola, GAUFF has have to do with the virtues by which Angola is Germany’s third most important companies in Angola is Nuremberg-based executed many engineering services for a the Germans are known: seriousness, their approach” – Orlando Ferraz market in sub-Saharan Africa. Bilateral GAUFF Engineering. Founded by 81-year- number of government ministries, such thoroughness in the execution and trade tripled to $1.5 billion last year, old patriarch Helmut P. Gauff, it has been as studies for improving Luanda’s urban rocketing from just $491 million in 2010. active in the country since 1995. transport. Since 2004, GAUFF has been The 2011 figure was atypical given that GAUFF started operations on the active in designing and supervising the German access to Libyan oil was blocked continent in 1965 and has gained reconstruction of long-distance highways Some prominent Germans and Angola thus filled the supply gap, but experience in more than 30 African totalling more than 1,000km in different in future Germany is expected to buy more countries. The company assists the Angolan provinces. A large part of these Albert Einstein – physicist hydrocarbons from Angola given that the reconstruction and modernisation of highways benefited from GAUFF’s help in Brazuk Ltd Soyo liquefied natural gas plant is now up public and social infrastructure in Angola arranging finance as part of its Fast Track Johannes Gutenberg – inventor of the printing press and running. with efficient “Fast Track Solutions”. Solutions scheme. While Angola currently sells mainly GAUFF’s main activities involve The company has also been supporting crude to Germany, German exports to engineering, procurement, and project Luanda’s water-supply company EPAL Felix Hoffmann – inventor of aspirin Angola are much more diversified. Apart and operation management for public since 2003 in its planning and investment from vehicles, German sales include oil and industrial infrastructure projects – for rehabilitating and extending urban Rudolf Diesel – inventor of the diesel engine and gas-sector equipment for the offshore such as urban and rural roads, parking supply systems. As an EPPM (Engineering industry, construction plant, high-tech areas, road and rail transportation, Procurement and Project Management) hospital apparatus, bottling and packaging bridges, water supply and waste-water consultant, GAUFF is currently also Karl Benz – inventor of the petrol-engine car equipment, telecommunications, systems, hydropower, renewable energy responsible for the first phase of the electrical equipment, pharmaceuticals, and rural development. development of the water supply and Adolf Dassler – inventor of Adidas sports shoes

10 SONANGOL UNIVERSO DECEMBER 2012 11 INTERNATIONAL INTERNATIONAL

Siemens solutions shop agreement with Angola’s Integrated Centre food but manages the whole logistics chain Ferrostaal AG is responsible for the Germany’s Siemens, one of the world’s for Technological Training (Cinfotec). involved in supplying airline meals, from Giasop fruit and tomato-processing Siemens Angola: areas of activity leading engineering conglomerates, is Siemens also recently made an sourcing the food to packaging and placing plant at N’gola Lombo, near Porto also present in Angola. The company had agreement with Angola’s Higher Polytechnic it on board planes. Amboim in Kwanza Sul. This flexible a global turnover of €73.5 billion last year. for Technology and Science (ISPTEC) for co- Germany’s LSG Sky Chefs is one of the plant produces mango, passion fruit, Energy generation,  Angola accounted for a small but growing operation in developing human resources, world’s largest airline-catering companies guava and pineapple nectar and also Siemens transmission and distribution part of this figure. projects and technologies in engineering, and last year produced about 492 million tomato paste. Processing up to five Siemens only re-established offices economics and management. meals for more than 300 companies tonnes an hour of mangoes or tomatoes, Water projects in Angola in 2005 after an absence of around the globe. the plant can produce an hourly output many years. Siemens Angola had sales of Looking ahead of 5,000 gable-topped cartons. Oil industry equipment €10.5 million in 2011 but its order book, Siemens is already highly involved in Saving value Storage and shipment of Angolan € Gas turbines, compressors worth 15.8 million, pointed to growth. Brazil’s pre-salt oil deposits development, Two German firms, Krones AG and foodstuffs, especially fruit and veg- The company offers a broad range of an area in which Angola is currently taking Ferrostaal AG, are fulfilling a crucial need etables, has been a bottleneck for the Mining equipment, engineering and related its first tentative steps. in converting Angolan raw materials into country’s farmers. Companies such as services for industry, energy, healthcare Chemtech, Siemens’ Brazilian specialist consumer goods. Ferrostaal provide an outlet for excess Electrical and engineering  and infrastructure. engineering subsidiary, has a leading role Krones AG boasts that a fifth of the fresh produce that might otherwise have services and maintenance Current Siemens activity in Angola in contracts for engineering equipment world’s bottles has been filled, labelled or gone to waste. With the building of such includes power-generation and water- employed in exploiting Brazil’s pre-salt packaged on its machines. The company packaging plants, farmers, especially Automation and instrumentation pumping systems, notably for the important deposits. The company’s training and is responsible for the canning and bottling small family holdings, can now step up offshore oil industry where Sonangol, experience in Brazil will enable Angola machinery at the Sequent Brewery, 35km production confident that their efforts Airport equipment Chevron and Total are clients. Siemens to prepare to meet the technological outside Luanda. will be rewarded. p installed eight gas turbines to power Angola challenges of exploiting its own pre-salt oil. Healthcare LNG’s Soyo plant and has supplied an In order to facilitate this transfer of know- 11.5MW generator for Luanda’s refinery. how, Siemens offers work experience for Telecommunications Voith Its other high-profile projects in Angolan engineers who want to attend Angola are a telecommunications network the Siemens corporate academy in Brazil operation in partnership with Nokia and to improve their engineering skills and Siemens the supply of a radiotherapy apparatus to project management. the Girassol Clinic. Siemens has supplied Armed with this specialist training, airport, office and hotel-security equipment Siemens and its Angolan engineers will be in and has also provided instrumentation for a better position to win contracts and supply the Catumbela cement plant near Lobito. services for Angola’s pre-salt ventures. Siemens has become heavily involved in supporting education and training in LSG – food for flight Angola. “For Siemens, training engineers Angola’s flagship airline TAAG was mindful and managers is a core preoccupation in of German industry’s prompt and efficient Angola and a contribution the company delivery of quality products when it chose can make to the country,” says Angolan- LSG Sky Chefs as its partner in producing born Jorge Tropa, chief executive of meals for its passengers. Siemens Angola. The new company LSG, Sky Chefs “It’s very challenging to be able to help TAAG Angola started operations in mid- Angola find sustainable answers for the July. Its owners are TAAG (35%), Germany’s future. It’s equally very gratifying for me number one carrier Lufthansa (40%), to create job places and give development Angola Air Catering (20%) and Angolan opportunities to people who by their airports authority Enana (5%). work ensure their own and their families’ Initially the facility will serve just TAAG sustenance,” he says. operations and Lufthansa, which has two Siemens trains engineers and clients flights a week to Frankfurt, but it will in in the area of energy distribution, future cater for other airlines. instrumentation and maintenance of The $12 million unit at Luanda Airport turbines and electronic equipment, and employs 200 people and has the capacity to this end its ATEC training academy to make between 6,000 and 7,000 meals a in Portugal has signed a co-operation day. The company not only prepares the German companies are likely to benefit from Angolan dam contracts

12 SONANGOL UNIVERSO DECEMBER 2012 13 CULTURE

With Luanda’s numerous international restaurants, Angola’s own varied and colourful cuisine is sometimes unjustly overlooked. In such a large and culturally-rich country, the discovery of its food habits will always be an adventure. Universo provides a taster

he visitor’s first introduction to Angolan food is Historic overview usually funge or pirão, bland but filling dishes Five centuries of Portuguese colonisation heavily that serve as the base of most meals and are often influenced Angolan cuisine. In most restaurants, combined with fish, chicken or meat and sauce. Portuguese dishes such as seafood rice or bacalhau com TFunge de bombo, more common in northern Angola, is natas (cod with cream) will be popular and available. a gelatinous, colourless paste made from corn or cassava Brazilian and other European influences have also had flour (fubá). The yellowish pirão, similar to polenta, is their impact. made from cornflour and is more commonly eaten in the The roots of Angola’s major ethnic groups can be traced south. During weekends, Angolan families typically sit in local cuisine. The coastal areas of Luanda, Benguela and down to funge during the day and switch to grilled meat Namibe are known for their variety of seafood. Fish stews and fish at night. But, as with everything else in Angola, including caldeirada de peixe and muzongue are made there is a lot more to discover. from whatever is available, and served with rice. Adventurous, experimental connoisseurs might want Angolan fish stews such as calulu and mufete de to try Angolan specialities such as jinguinga – goat tripe cacusso are believed to be excellent hangover cures that and blood –from Malange province; the Kwanza Norte work wonders even before the very first headache sets in! delicacy kifula – game meat served with boiled and toasted A standard, superb condiment at an Angolan lunch palm-tree grasshoppers – or mafuma, frog meat from or dinner table is gindungu, a spicy sauce made of Cunene. Those who prefer a safer start will love caldeirada chilli pepper, garlic, onion and sometimes brandy. Not By Lula Ahrens de cabrito, goat-meat stew with rice, traditionally served surprisingly, some believe that the sauce is an aphrodisiac. on Angolan Independence Day (November 11), or kizaka, In central Angolan villages, you will find steamed or the finely mashed, spinach-like leaves of the manioc plant boiled green vegetables, peas, beans, cereals and game seasoned and mixed with ground peanuts. meat. Traditional game meats consumed in parts of Angola Try mukua, the traditional Angolan dried fruit from the include veal, deer, wildebeest and warthog. country’s emblematic baobab tree, it is often used to make Typical Angolan ingredients generally include flour, ice cream. Cocada amarela (yellow coconut pudding), beans, rice, fish, chicken, egg, sweet potatoes, manioc made with sugar, grated coconut, egg yolks and ground (cassava), yams, tomatoes, onions, peanuts, okra and cinnamon, is less exotic but also delicious. various spices such as chilli. Kizaka manioc plant leaves are

14 SONANGOL UNIVERSO DECEMBER 2012 15 CULTURE CULTURE

mostly consumed as cooked greens. Many Cheers! ovingundu and homemade Angolan whisky, a stone, went back home and returned in paper with a little stick inside. You lick Angolans have chickens or goats running Angola also produces a great variety of whiskey kota. later. Others would move the stone ahead. it like an ice cream. One of my favourite around their properties, but cabrito (goat) drinks. Many of them are made at home Kissangua, a Southern Angolan People respected each other.” traditional sweets is what Angolans call is only served on special occasions. from bananas, potatoes and cassava skin. traditional non-alcoholic drink made of At home, Gildo and his family used to ‘goats’ droppings’. It is condensed milk, Beautiful, fresh and flavoursome Kissangua, a popular drink in the south, is cornflour, is sometimes used in indigenous make omelettes with water and powdered heated until brown, and turned into little Angolan fruits, vegetables, potatoes and made from cornflour. healing rituals. Angola’s oldest and most eggs, which they bought in 50 kilo bags. balls,” he says. herbs are sold in local supermarkets such Mongozo, which means ‘cheers!’ in celebrated commercial beer brand, of Today, he enjoys a real omelette at Angolan Ana also has sweet memories of as Kero and Martal, as well as at open the language of the Chokwe people, is a course, is Cuca, which is brewed in Luanda. restaurant Jango Veleiro, on the Ilha. her Luanda childhood. “We used to eat markets and in the street. beer traditionally made from palm nuts. Eka (brewed in Dondo, Kwanza Norte), “Aah... This is so much better than the mukua ice cream (made from baobab In Luanda, you will often find that the The Chokwe started brewing this beer N’gola (Lubango) and Nocal (Luanda) are dried version. You knew it was egg, but it fruit), paracuca and doce de coco (dry simplest local restaurants serve the best before colonial times. The fact that it is also popular. was not the real deal,” he says. coconut pancake), all made and sold by food. On the southern side of Luanda’s long exported to various countries, including “Sweets and desserts were almost non- grandma. Yummy.” protective peninsula, the Ilha, as you drive Belgium, Europe’s beer mecca, says a lot Angolans and their existent, except during Christmas. But Unlike most people, Gildo was not from the city centre bay area, is the Chicala about its quality. favourite dishes people made homemade sweets such as impressed by South African cuisine and neighbourhood. Here you will find one of Angola also produces an impressive Engineer Ana, 33, studied in London, UK, paracuca, which are sugar-covered peanuts missed Angolan flavours. “While we lived Luanda’s most well-known fish markets variety of homemade spirits such as the and moved back to Angola in 2004 to work in a paper cone. You still see these quite a there, my sister used to cook Angolan food (the other is on the Samba highway) as well Kwanza Norte provincial specialty capatica for an international oil company. One of lot, but they are no longer sold in paper. at home. Friends brought kizaka, dried fish as two restaurants right next to each other. made from bananas; the maize-based the things she enjoys most about being “Pirulito is melted, hardened sugar and even fubá whenever they visited.” p Some of Luanda’s best grilled fish caporroto from Malange; cazi or caxipembe back in Luanda is the food. is served right there for just $20 a head. made from potato and cassava skin; corn- Walking past women selling vegetables Clients choose their freshly-caught fish based kimbombo; and the palm wines on the street, she says: “With the decrease from a bucket, after which it is gutted, maluva or ocisangua, made with palm-tree in landmine exposure and an increase cleaned and grilled. The whole fish is juice, a northern Angolan favourite. in farming, you see more and more Faraways then served as a mufete de cacusso, with a Gonguenha is made from toasted manioc traditional leaves reappearing in the delicious sauce made of chopped onions, flour, while ualende from the province of Bié market. I’m trying out traditional dishes baked bananas and sweet potatoes as can be made from sugarcane, sweet potato, that I never even knew existed for instance, Lula Ahrens Lula Ahrens well as beans in palm oil (see recipe on corn or fruits. Other beverages include the a particular mushroom – turtulho - cooked page 19). homemade vodka kapuka, the honey-based with peanuts. It’s from Malange.” Luanda boasts fancy Portuguese, Chinese, French, Brazilian, Cape Verdian, Ethiopian and even Japanese restaurants, and Ana visits them frequently. She remembers that during the civil war food Lula Ahrens was scarce. “There used to be a system of food coupons, with people standing in queues for hours. Even simple things like apples used to be a rarity.” Shipping co-ordinator Gildo, 33, was brought up in Angola. He lived in South Africa from 1996 until 2000, and then in Canada until 2004.

“During the war, the food supply in Lula Ahrens Luanda was very limited,” he recalls. “We ate fried carapau, a mackerel-like fish, with rice, funge or bean soup, and a few canned foods. Dairy products, most other fish types and fruit and vegetables were hardly ever available. “The roads weren’t safe, so you couldn’t transport produce from the provinces to Luanda. Bread was a luxury. Hundreds of people used to queue for hours before their local shop opened. Some put down

16 SONANGOL UNIVERSO DECEMBER 2012 17 CULTURE Lula Ahrens CULTURE

Ingredients: 250g cassava flour (fubá), 500ml water

Mufete de Cacusso (from Bengo province) Traditional method: Calulu, the alternative, is from Kwanza Sul Boil a cooking pot of water and as soon as it is bubbling remove it from the flame Ingredients: and place the pot on the floor. Wrap a cloth Fresh river tilapia, raw onion, palm oil, beans, UR FISH around the base of the pot and hold steady UY ALL O lemon, sweet potato, plantain and cassava “WE B with your feet. For perfect funge you need EN twice as much water as cassava flour. Add FISHERM Preparation method: DAILY FROM the flour to the hot water in one go and beat S energetically with a 35cm (or longer) funge Season the fish with salt and oil and then H ACROS grill in an oven or over a charcoal fire. ON THE BEAC stick. The mixture thickens rapidly, so beat it thoroughly or you will end up with lumps T THE Making the sauce: E ROAD, OR A rather than a smooth dough-like porridge. TH Chop the onion finely; add lemon juice, MBA NEARBY,” Modern method: water, salt, pepper and oil. SA Bring the water to the boil in a casserole dish. EIROS Meanwhile, beat the cassava flour into a bowl Cooking palm oil beans: MARIA LUÍSA KU SAYS COOK containing 500ml cold water until the mixture 1 kg beans (approximately 2 lbs) 1 glass is smooth and creamy. Add this to the boiling palm oil, salt and if desired onion and garlic. water, whisking to combine the two. Stir until Cook the beans until tender. Add the palm the mixture is smooth. Then add a lid and oil and salt. Simmer until the oil is hot, and place in an oven pre-heated to 180°C. Bake serve immediately with boiled sweet potato, for about 45 minutes or until the mixture has plantain and cassava. thickened to a dough-like consistency. This will leave you with perfectly smooth funge without all the hard work.

Ingredients: 1 chicken, 1 large onion, 2 cups of palm hash (by-product of palm oil), 4 cloves of garlic, ½ kg okra, tomatoes

Preparation: Season the chicken with garlic, salt, black pepper, lemon or vinegar. Add the chopped onion, tomatoes and the palm hash. Place in oven. When the chicken is almost done, add the okra. When the okra is cooked, the muamba is ready to be served. Accompany it with palm oil beans, funge or rice. Faraways

18 SONANGOL UNIVERSO DECEMBER 2012 19 PROVINCE

LUANDA’S Bengo province and its contiguous areas completely embrace urban Luanda. Universo looks at the region’s role in relation to the capital EMBRACE: and its impressive development prospects ll major growing cities need surrounding wide open spaces THE BENGO REGION not just for future expansion but also as a contrasting, clean-air escapeA for their inhabitants to enjoy in their leisure time. Bengo province and its former municipalities Icolo e Bengo and Kissama* provide the teeming capital Luanda with the relief of greenery and expansive beaches city dwellers often crave. The importance any city’s adjacent recreation area plays in the physical and mental wellbeing of its inhabitants cannot be underestimated. The quality of life for the 10 million people living in the largely treeless Brazilian mega-city of São Paulo is much improved by the access to pristine beaches and mountainous rainforest within an hour’s drive. Life, too, for the inhabitants of England’s grey, formerly smoky industrial capital Manchester, would have been intolerable without the easy journey to the clean air on the surrounding moorland hills. Bottlenecks uncorked Driving out of Luanda in any direction towards the Bengo region has often been a time-consuming affair owing to the city’s notorious traffic jams. These bottlenecks are gradually being cleared, thanks to the

Footnote *Luanda province formally absorbed Icolo e Bengo and Kissama in February “to address the need to ensure greater efficiency in the organisation and functioning of institutions and services in the face of urban growth”.

20 SONANGOL UNIVERSO DECEMBER 2012 21 Brazuk Ltd PROVINCE PROVINCE

building of three major urban highways and completion of phase one is expected soap industries. In more recent years new 2015. Enterprises operating in the zone onto giant wheels mounted on ships. heading north, south and east. As Bengo, in December 2013. industries have chosen Bengo for their now number 17 and another nine units are The jointed umbilical pipelines are later and the rest of Angola, becomes more businesses, thanks not only to the rapid expected to start up by the end of this year, unwound and straightened at oil and gas- easily reached, its economic and tourism Super port expansion of the oil industry but also to the reaching 53 units by 2014. production sites. potential is beginning to be realised. The new port’s go-ahead was announced Angolan government’s efforts to diversify Angoflex, which runs Bengo’s largest Angoflex has the capacity to man- Highways along the coast south from in November 2011 and detailed studies the economy. modern industry, started operations in 2005. ufacture 300km of umbilicals a year. The Luanda towards Kissama and east towards are underway. Victor Carvalho, general The government’s Luanda-Bengo The company, a Sonangol jointventure with company already supplies BP and Total Icolo e Bengo and the Kwanza valley are director of Angola’s Maritime and Port Special Economic Zone (ZEE) includes France’s Technip, manufactures deepwater for blocks 31 and 17 and has completed largely finished and are providing much- Institute, said the port, to be built just Icolo e Bengo (now in Luanda province) steel-tube umbilicals for the oil industry. export orders for Anadarko’s Jubilee project improved access to the region. north of the busy fishing village of Barra do along with Dande, Nambuangongo and Umbilicals are bundles of tubes, electric in Ghana. However, the new highway heading Dande, 45km north of Luanda, will be one Ambriz in Bengo. The ZEE also includes cables and optical fibres which remotely north from Luanda towards Caxito, Bengo’s of the largest in Africa. Luanda’s main industrial focus, Viana, and control and operate subsea equipment such King banana provincial capital, is only now approaching The new development will ease Cacuaco, which borders Bengo. as wellheads. The resurgence of Bengo’s once-thriving completion after a complicated rebuild. congestion at the old downtown Luanda The ZEE was designed to boost the Angoflex’s ‘spoolbase’, where umbilical agricultural sector is leading to a ren- The vital northern coastal route takes port and give extra capacity to Angola’s industrialisation of the region to the north pipelines are literally rolled on to spools, aissance in associated food-processing the lion’s share of Luanda’s heavy, slow- rapidly expanding import-export trade. and east of Luanda while absorbing labour occupies a greenfield site just south of industries. The undoubted kingpin of this moving port district traffic, carrying The existing port of Luanda has very limited (14,000 jobs) and drawing residents from Dande. It is one of the most advanced sector in Bengo is the banana. Afonso thousands of trucks each day to the rest of space for expansion and its road access has the densely-populated conurbation to industries of its kind in Africa. Around Pedro Canga, Angola’s Minister of the country. suffered from congestion for decades. its periphery. 400 people (90 per cent Angolan) work on Agriculture, says Angola is now self- The road building has been a tough task, Initial plans envisage a long pier to The ZEE project, promoted by site welding and processing steel tubing sufficient in bananas. hindered by difficult geology, unplanned be built on the north bank of the Dande Sonangol industrial arm SIIND has a target into lengths of up to 3km. The tubes Bengo has a firm belief that its booming land occupation in densely-populated River. This ‘arm’ will reach the deepest of having 73 factories up and running by are laid out on a pier and then wound banana output will soon make it one of districts and high flood risks, but this is now water and also shelter the new port from being overcome after a large-scale drainage the predominantly southern sea current. scheme and the construction of a four-lane The pier will enable the loading of up highway. Soon traffic jams will ease and to 25 million tonnes a year of minerals, Bengo will be under an hour’s drive from mainly iron ore from Kwanza Norte, and (Right) River Dande Luanda city centre. could also handle imported fertilisers. Key raw materials for Luanda’s construction industry Other port areas will be dedicated to the Infrastructure loading and unloading of sea containers The Bengo region is reaping great benefits and general cargo, and for supporting from the government’s hefty investment Angola’s burgeoning offshore oil industry. in new infrastructure over the past decade. Located just beyond the uncongested, fast- Mineral resources moving Luanda beltway, Bengo province, Bengo’s geology and mineral resources Icolo e Bengo and Kissama are well- have played a key role in Angola’s economy. connected to each other and enjoy speedy The country’s modern oil industry dates routes to the industrial region of Viana and from 1915 when the ‘black gold’ was first to the rest of Angola. drilled near Dande. This combination of good road In more recent years, Bengo’s generous connections and the availability of space store of mineral wealth has provided large was crucial to the decision to site two of amounts of high-quality aggregates for Angola’s largest greenfield projects in roadbuilding and construction materials. Bengo; one is Luanda’s new international Hundreds of trucks each day ply between airport hub, the other is a new deepwater Bengo’s quarries and gravel pits to supply port. Luanda’s new airport will have Luanda’s myriad construction sites. Bengo capacity for 15 million passengers a year. has deposits of kaolin, chalk, asphalt, Located 40km from the city centre, between limestone, iron, feldspar, sulphur and mica. Viana and Bom Jesus, the airport will have 20 international and 11 domestic gates. Industrial enterprises Its two double runways will be capable of Bengo has a long history of industrial taking the Airbus 380, the world’s largest development. Before independence the passenger airliner. Work began in 2008 province had sugar, cotton, plastics and

22 SONANGOL UNIVERSO DECEMBER 2012 23 Brazuk Ltd Brazuk Ltd PROVINCE

Angola’s leading exports. To promote its and pack dried bananas and tomato lost on foreign companies. Ghana’s bananas, Caxito held its first Banana Fair paste and pulp. Financed by Germany’s ambassador visited the province recently in February. Exhibitors from the provinces Deutsche Bank and installed by Spain’s and said Ghanaian company Blue of Kwanza Norte, Bengo, Benguela, Zaire, Incatema Consulting, the plant has the Skies planned to produce mango and Uíge, Kwanza Sul, Malange and Luanda capacity to process 2.5 tonnes of tomatoes pineapple concentrate for its juice brand. attended the event. and 750kg of dried bananas an hour. The The ambassador added that a Ghanaian Abrahão Pio dos Santos Gourgel, 165 staff operators were trained in Spain company was also considering setting up Angola’s Minister of Economy, said the and Angola. a tyre plant in Bengo. country might start exporting bananas The crucial role played by process Coca-Cola has recently built a $36 within the next two years, judging by plants such as these is that they absorb million bottling plant at Bom Jesus the growth recorded of this product. excess produce, especially from small alongside the Kwanza River. The factory Conditions, he said, had been created to farmers. This gives them an incentive to not only has access to water but is well ensure a continued increase of quality grow greater volumes and gain a more placed for accessing Angola’s main through planting systems and improved secure income, and also reduces wastage. highways for its product distribution. technical assistance. A key component of the project was the Agrolider, the Angolan agribusiness arrival of electricity from the renovation of Tourism expansion giant and Caxito Banana Fair prizewinner, the Mabubas Dam in June 2012. The dam Another money-spinner shared by Bengo, forecasts it will produce 100,000 tonnes of now has 25.6MW capacity compared to Icolo e Bengo, and especially Kissama, is the fruit in the 2012-13 growing season, 17.8MW two decades ago just before it tourism. These areas can be reached easily compared with 54,000 tonnes in the stopped operating. Mabubas is initially by new highways heading south and east previous harvest. also supplying Luanda and Caxito but will from the capital. Part of Agrolider’s crop comes from later extend power deliveries to the rest Kissama is home to Angola’s best- the 2,500-hectare Caxito Rega irrigated of Bengo. Until now the region had been known and most accessible wildlife farming area, located in a former sugar using expensive diesel generators to make park, while Icolo e Bengo contains the plantation near provincial capital Caxito. up for the energy shortage. historic birthplace of Agostinho Neto, the Caxito Rega a government-managed The fertility of Bengo’s soils is country’s first president, at Kaxicane near initiative with 70 per cent state ownership impressive. Agrolider’s 350-hectare Catete, and the national Christian shrine was established in 2008. farming operations in Caxito also produce of Muxima. Both sites are picturesquely An existing irrigation system including papaya, melons, water melons and located alongside a wide section of the 23km of channels was renovated. Some eggplants. The company plans to grow slow-moving Kwanza River. 1,600 hectares of Caxito Rega are cultivated dessert grapes, mangoes, oranges and Also on the river the church of Our by private companies and the rest by tangerines at the site. Agrolider has another Lady of Muxima, reputedly a site of family farmers and individuals. 145-hectare plantation at Bom Jesus where miracles, dates from the 16th century and A major step was taken to process it produces bananas, mangoes and grapes. is the object of pilgrimages, especially in produce at the site in August 2012 when Bengo’s attractiveness as a place to September, when the faithful camp around a factory was opened, initially to process produce and process fruit has not been the shrine. Muxima township is also overlooked by an imposing Portuguese colonial fort Angoflex spoolbase, Barra do Dande which affords dramatic views over the rich lands along the banks of the Kwanza. The fort was the scene of fighting between Dutch and Portuguese troops in the 17th century when the two maritime powers fought each other around the globe, from Brazil to the Far East. Access to Muxima was recently enhanced by the building of a new highway which includes Angola’s longest bridge at Cabala. Better communications from Luanda and the rest of the country to Muxima facilitated the arrival of an estimated 500,000 people to the shrine this year. The Bishop of Viana compared the

24 SONANGOL UNIVERSO DECEMBER 2012 25 Mark Clydesdale BZO Carlos Moco PROVINCE PROVINCE

Muxima on the Kwanza Kissama’s rich red soils The church of Our Lady of popularity of the shrine to other Catholic pilgrim sites such as Lourdes in France, Muxima, reputedly a site Fátima in Portugal and Aparecida in Brazil. Travelling north from Luanda, visitors of miracles, dates from the enter Bengo province by crossing the Bengo River. The visitor’s first impression of Bengo is of its greenery, sparse population 16th century and is the object and densely-reeded lagoons which contrast sharply with nearby urban Luanda. of pilgrimages The area around the reedy marshland lake of Panguila adjacent to the Bengo River boasts a population of black storks. These impressive birds use their wings as since President José Eduardo dos Santos of giraffes, zebras and hundreds of ostriches. a cloak to shade their eyes while hunting reopened it. Today all these populations are recovering their prey in the wetlands. Kingfishers and Three decades of poaching had fast and attracting more park visitors. a wealth of other birds are easily spotted decimated its wildlife stock, but today The park also boasts a park-ranger in the area, making it one of the most tourists can again visit the park with a training school, suggested by the German rewarding haunts for ornithologists in the very good chance of seeing several species aid organisation GTZ. This helped train Luanda region. of animals. former soldiers and provide a civilian career Bengo’s coastline and lakes provide The park owes its turnaround to opportunity. Around 140 rangers have been a variety of fish for tourists to savour. In ‘Operation Noah’s Ark’. This project involved trained to date with assistance from the

Kissama, the area around Cabo Ledo is reorganising the park administration and South African Wildlife College. Brazuk Ltd Brazuk Ltd renowned for its lobster. protecting the animal population by a An outstanding role in Kissama’s more professional group of rangers. It also revival was played by former South African Angola’s longest bridge – Cabala

Regeneration meant installing a 21km fence to separate soldier turned park director Roland Brazuk Ltd Kissama National Park is a favourite tourist a small special-conservation area in the Goetz over a ten-year period. Angolan destination for Angolans and is especially extreme north of the park and bringing in Miguel Savituma, who underwent on- popular among expatriates seeking a taste excess numbers of animals from Botswana the-job training as Goetz’s deputy and of the ‘real Africa’. The 10,000-square- and South Africa. The conservation area also attended courses abroad has now kilometre park with a 120km coastline is centred on the 50-bed tourist camp and succeeded him. blessed with deserted beaches and a sea restaurant at Caua. Future plans involve extending the heaving with fish and crustaceans, has The first batches of animals included 35 special conservation area, securing it experienced a remarkable revival in its elephants, eight elands, 12 wildebeests and against poachers and reintroducing more animal populations over the past 12 years 12 kudus. Later these were joined by dozens wildlife such as roan and red buffalo. p Teunis Bakker Brazuk Ltd

Bengo’s iconic black stork 26 SONANGOL UNIVERSO DECEMBER 2012 27 FINANCE FINANCE

ngola has announced the setting up of a sovereign wealth fund. Fundo Soberano de Angola (FSDEA) will have a starting pot of $5 billion whichA will be channelled into a mix of domestic and international investments, with a focus on emerging Asian economies. The idea behind the fund is to use Angola’s oil revenues prudently, to ensure that the wealth of today lasts longer so that the country can enjoy the legacy benefits of its oil even when the crude has stopped flowing. By creating the FSDEA, Angola will also have a secondary buffer of capital reserves should the price of oil fall rapidly and create liquidity pressures on the economy as it did in 2009. The public unveiling of FSDEA in October is the culmination of four years of planning after President José Eduardo dos Santos first showed an interest in creating a sovereign wealth fund back in 2008. With headquarters in Luanda, the fund will manage a diverse investment portfolio made up of global private and public stocks, bonds, foreign currencies, financial derivatives, commodities, treasury bills and property and infrastructure funds. The sovereign wealth fund will be topped up on a monthly basis by an amount equivalent Armando Manuel Photoatelier to the revenue from 100,000 barrels of oil per day. FSDEA representatives say it will publish PROLONGING all its accounts so that people can monitor the money flow. “Angola is rich in natural Switzerland-based Quantum Global Investment Management, which already works resources, but we with Banco Nacional de Angola, Angola’s central ANGOLA’S OIL bank, has been appointed as the initial liquid- asset manager, although more financial houses understand that these are are expected to come on board in due course. The FSDEA’s board of directors is made finite, so it is imperative that BENEFITS up of its chairman Armando Manuel, who is also Secretary for Economic Affairs in the the wealth they generate Angolan government, and two other members: Angola has launched a sovereign wealth fund and thus joined a José Filomeno de Sousa dos Santos, a former prestigious list of resource-rich nations, which includes Norway and board member at Banco Kwanza Invest, and is used to support the the United Arab Emirates. Universo reports Hugo Miguel Évora Gonçalves, previously of k Standard Bank. country’s social and “Angola is rich in natural resources, but we understand that these are finite, so it is imperative that the wealth they generate is used economic development” to support the country’s social and economic development,” said Manuel. – Armando Manuel

28 SONANGOL UNIVERSO DECEMBER 2012 29 Verkhovynets Taras FINANCE FINANCE Other leading sovereign wealth funds

“As an investment institution operating In a statement, global ratings agency developed by the International Working as a sovereign wealth fund, the FSDEA seeks Fitch, which in May upgraded Angola from Group of Sovereign Wealth Funds. 13 to secure long-term sustainable financial BB- to BB+, said: “Angola’s decision to set up The principles are based on maintaining returns that will positively impact the lives of a sovereign wealth fund is positive news. It a stable global financial system and the free the people of Angola now and in the future.” reaffirms our view that government policies flow of capital and investment; compliance 04 José Filomeno de Sousa dos Santos, are reducing the economy’s exposure to with applicable regulatory and disclosure 02 who attended the FSDEA’s launch, which movements in the oil price, and laying a requirements in the countries where 08 received international media coverage foundation for sustainable growth.” investments are made; making investments 18 from outlets including the New York Times The agency noted that the FSDEA could based on return-related considerations; and 05 14 and CNN, said: “The launch of the FSDEA contribute to a further upgrade if it were ensuring a sound governance structure that 10 is a historic moment for Angola, as the coupled with a longer track record of prudent provides for adequate operational controls, government continues to transform and grow fiscal and monetary policy management, and risk management and accountability. 09 the country’s economy. that if the fund led to better management and As well as investing outside Angola in “The FSDEA recognises that there utilisation of windfall oil revenues it could high-return long-yield funds, the FSDEA 17 are still considerable challenges facing the boost long-term GDP growth. will also spend money closer to home 12 16 country. However, we are committed to Although President dos Santos will to help support the country’s ongoing 07 promoting social and economic development be ultimately responsible for deciding infrastructure needs in areas such as by investing in projects that create investment policies, the FSDEA’s board is fully agriculture, water, power generation opportunities which will positively impact autonomous and will oversee its own activities. and transport. 06 15 the lives of all Angolans today and generate The FSDEA will also have a separate The FSDEA has also identified the need wealth for future generations.” fiscal council to ensure that all laws and to help promote Angola as a destination for 01 He added, in a subsequent interview, regulations are being followed and will be overseas investment. At the sovereign wealth 03 11 that the FSDEA would be paying particular subject to annual and independent audits. fund’s launch, it was announced there would attention to emerging economies, especially For further oversight, a four-member be a focus on the hospitality sector in a bid to those in Asia. “We will be looking at emerging advisory board will be set up consisting of the create more hotel capacity and improve the economies as a very interesting target Minister of Finance, Carlos Alberto Lopes, skills of local labour in the industry. because we believe that returns there are the Minister of Economy, Abrahão Pio dos There is a longer-term plan to create an very attractive. Going forward, in terms of Santos Gourgel, the Minister of Planning and Angolan hotel school which the FSDEA hopes investments, we would look to always hire Territorial Development, Job Graça, and the will one day become the leading hospitality 01 Australia...... The Future Fund the best investment capacity possible, and governor of Banco Nacional de Angola, José establishment on the African continent. 02 Azerbaijan...... State Oil Fund of the Republic of Azerbaijan Asia has a lot of potential.” de Lima Massano. News of the FSDEA’s launch has Transparency has been placed at 03 Botswana...... Pula Fund excited global markets and boosted Angola’s the heart of the FSDEA, which will be run 04 Canada...... Alberta Heritage Savings Trust Fund already growing reputation as an African according to the internationally-recognised For more information about the FSDEA go to 05 China...... China Investment Corporation economic powerhouse. Santiago Principles, a code of conduct www.fundosoberano.ao p 06 Gabon...... Gabon Sovereign Wealth Fund

07 Equatorial Guinea...... Fund for Future Generations

08 Korea...... Korea Investment Corporation Africa sovereign wealth funds 09 Kuwait...... Kuwait Investment Authority 10 Libya...... Libyan Investment Authority Country Sovereign wealth fund name Assets $bn Inception Origin 11 New Zealand...... New Zealand Superannuation Fund Libya Libyan Investment Authority 65.0 2006 Oil 12 Nigeria...... Nigerian Sovereign Investment Authority Algeria Revenue Regulation Fund 56.7 2000 Oil 13 Norway...... Government Pension Fund-Global Botswana Pula Fund 6.9 1994 Diamonds & minerals Nigeria Nigerian Sovereign Investment Authority 1.0 2011 Oil 14 Qatar...... Qatar Investment Authority Gabon Gabon Sovereign Wealth Fund 0.4 1998 Oil 15 East Timor...... Timor-Leste Petroleum Fund Mauritania National Fund for Hydrocarbon Reserves 0.3 2006 Oil & gas 16 Singapore...... Temasek Holding Pte Ltd Equatorial Guinea Fund for Future Generations 0.08 2002 Oil 17 United Arab Emirates...... Abu Dhabi Investment Authority

Source: SWF Institute 18 United States...... Alaska Permanent Fund

30 SONANGOL UNIVERSO DECEMBER 2012 31 ENVIRONMENT Paul Banton KINGDOM OF THE WILD FRONTIERS One of the largest conservation areas in the world is taking shape in Angola’s southeastern region. Universo eyes the developments

By Lula Ahrens

Wildebeest make a leap of faith

32 SONANGOL UNIVERSO DECEMBER 2012 33 ENVIRONMENT

he Kavango-Zambezi Trans- project’s starting point in Angola. From Kaza was officially launched in March frontier Conservation Area there, it crosses the border to Botswana 2012 at the Namibian town of Katima (Kaza) is an extraordinary and continues towards Botswana’s Mulilo. The project is jointly administered intergovernmental effort to Okavango Delta. by the governments of the five partner Tcreate a wildlife park across huge swathes “The vast wilderness of Angola’s Luiana countries and is supported by various of land where Angola, Botswana, Namibia, and Luenge national parks and adjacent international donors. The co-ordinating Zambia and Zimbabwe converge. areas with near-pristine wildlife habitats role of Kaza rotates biannually between The aim is to protect the biodiversity offers unexploited tourism development the five nations. and culture in this corner of southern potential,” Kaza director Dr Victor “For five countries to come together Africa without regard to borders. Siamudaala told Universo when asked to and decide to mutually conserve their Angola owns the second-biggest slice name Angola’s most vital contribution to natural resources in a sustainable way and of the proposed protected area, which at the project, adding that “Angola’s unique benefit local communities and eventually 444,000sq km is the size of Sweden. Kaza is culture and cuisine, too, are particularly reduce rural poverty is truly admirable,” named after the two largest river systems attractive to tourists.” said Dr Siamudaala. that drain the region, the Okavango and Zambezi. The area is home to the Official birth Elephants world’s biggest elephant population and a The first steps of the Kaza project date One of the most spectacular aspects of wealth of other endangered plant and back to the 1990s, with the establishment the Kaza project is that it will harbour animal species. of the Okavango Upper Zambezi Tourism the largest contiguous population of the The project is not only about the welfare Initiative funded through the South African African elephant (around 250,000) on the of the flora and fauna. Kaza member Development Community. The project continent. Southern Africa’s elephants countries are expecting an explosion of failed to take off and was succeeded by face two important issues: poaching – tourism in the area, which will hopefully others, until the foundation stone of the they are much sought after for their ivory boost socio-economic development and current Kaza scheme was laid in December – and overpopulation in areas where they conserve local cultures. 2006 when the five member countries infringe on farmland. Angola is responsible for the second- signed a memorandum of understanding. Botswana drew up a plan in 1990, which Mark Clydesdale BZO largest section of the area, some Its formal establishment took place in put the maximum number of elephants 90,000sq km. This covers the Luiana Partial August 2011 when the leaders of Angola, the country could handle at 60,000. But Reserve, the Mavinga Partial Reserve, and Botswana, Namibia, Zambia and Zimbabwe because culling was controversial and Simon Greig the Longa-Mavinga, Luengue, Luiana and signed the Kaza Treaty in Luanda, at the Botswana wanted to avoid international Mucusso hunting areas. closing ceremony of the 31st SADC (Southern condemnation, it allowed numbers to grow. Kuando Kubango province forms the African Development Community) Summit. There are now some 150,000 elephants in Botswana, which are in dire need of an alternative habitat. Zambia, and in particular the Angolan province of Kuando “For five countries to come together Kubango, offer a way of diluting these populations through Kaza ‘transfrontier and decide to mutually conserve corridors’ or protected tracts of land. Angola’s 199,049sq km Kuando Kubango province will make up a major their natural resources in a portion of the reserve. After four decades of independence and civil war, which ended in 2002, it had only around 140,000 sustainable way and benefit local people living there. The conflict took a heavy toll on the province’s wildlife, as elephant ivory was sold to buy weapons communities and eventually reduce and other wild animals served as food for soldiers and farmers. Now Kaza offers Kuando Kubango a promising new future. rural poverty is truly admirable” With its continuing landmine clearance campaigns, the province could provide a – Dr Victor Siamudaala vast new home for Botswana’s superfluous elephant population.

Eland antelope, a native of the Okavango region 34 SONANGOL UNIVERSO DECEMBER 2012 35 wollemipine Okavango-Zambezi: home to the nomadic Khoisan ENVIRONMENT

The Khoisan Cultural treasures great strain on the sustainability of their Kuando Kubango province is also home to The Khoisan are not the only community natural resources. Angola’s Khoisan community, descendants receiving ongoing support. It is estimated Kaza efforts focus on ending of Sub-Saharan Africa’s first inhabitants, that up to 2.5 million people live within community conflicts with wild animals, often referred to as ‘Bushmen.’ They offer the Kaza area. The partner countries want which sometimes damage cultivated land a prime example of the cultural wealth the these communities to benefit directly from during their migrations, resulting in loss Kaza area holds. the Kaza initiative, even if the number one of livelihoods and sometimes even in the Right in the middle of the Namibe objective is saving the plant and wildlife. killing of humans. Desert lies a large area with Khoisan cave “The Kaza area is not aimed According to Kaza, tourist development paintings, some of which can be traced at exploiting any given culture or can provide these communities with back to the Stone Age. They are considered community,” said Dr Siamudaala. Quite alternative sources of income. Kaza acts among Angola’s most beautiful prehistoric the contrary: “It provides a platform for as a watchdog for community rights and collections of cave art. communities to benefit from tourism.” management of natural resources and Sadly, the Khoisan are at risk of Many other communities in the Kaza their agreements with the private sector. extinction. Only a few populations still area, apart from the Khoisan, tend to Kaza also oversees their generation of survive in southwest Africa. Recent be vulnerable, suffering higher levels of income from development projects. All of estimates show that of the 100,000 Khoisan poverty, illiteracy, underdevelopment this helps the partner countries’ efforts in left on the African continent, barely 5,000 and declining agricultural productivity. reaching their United Nations Millennium live in southern Angola. As a result, they inadvertently place a Development Goals. In Angola the Khoisan are supported by the Association for Environmental Conservation and Integrated Development (Acadir) and are funded by USAID, the US Kaza efforts focus on ending Agency for International Development, which focuses on family income, water supply and the sustainable management community conflicts with wild animals, of natural resources. Acadir projects cover the municipalities of Cuangar, Calai, Dirico, Menongue which sometimes damage cultivated and Savate in Kuando Kubango. The organisation aims to improve the often land during their migrations, resulting in marginalised Khoisan communities’ access to housing, drinking water, education and legal documentation as well loss of livelihoods and sometimes as tackling poaching and deforestation. At least 725 Koishan have reportedly already even in the killing of humans benefited from these efforts through donations of cattle, ploughs and seeds.

More information

If you would like more visual information on what the Kaza project entails, watch the award-winning documentary Creating a Climate for Change. This 35-minute film on the impact of climate change in southern Africa was co- funded by the Open Society Initiative for southern Africa and first shown at the UN Convention on Climate Change in Durban in 2011. It illustrates how locally-driven solutions can be devised and successfully implemented in some of the worst affected areas, and devotes quite some time to the Kaza area project.

www.kavangozambezi.org

36 SONANGOL UNIVERSO DECEMBER 2012 37 Eric Lafforgue ENVIRONMENT ENVIRONMENT Leslie Crookes

An African leopard lounges in a tree Okavango delta Jiri Haureljuk

Portrait of a waterbuck A hippo at sunset

Natural wealth elephant, leopard, rhino, buffalo and lion. Ecotourists can indulge in discovering the The total Kaza area will include 36 national Other rare, vulnerable and endangered region’s plants, trees and wildlife. Kaza’s parks, game reserves and community wildlife species in the area include the tremendous diversity of ethnic groups conservation areas. It boasts stunning tourist cheetah, black rhino, African wild dog, along with the promotion of indigenous attractions such as the Okavango Delta sable and roan antelope, puku, oribi, knowledge, and the establishment of in Botswana, which is the largest Ramsar honey badger and wattled crane. cultural villages and national heritage (wetland of international importance) site The cape vulture, major populations sites, will no doubt entice cultural tourists in the world. of buffalo, hippo, lechwe, eland, zebra, as well. It is home to the Victoria Falls on the wildebeest, waterbuck and bushbuck can Numerous lodges and camping sites Zambezi River between Zimbabwe and also be spotted in the area, as can the already exist across Kaza, mostly along the Zambia, a UNESCO World Heritage site sitatunga, hunting dog, spotted hyena, and Okavango and Zambezi rivers. New tourist and one of the seven natural wonders of numerous other southern African animal accommodation will be built, especially the world. Kaza encompasses one of the species. White rhino may be found in small in south-east Angola (including Kuando world’s largest salt flats, the Makgadikgadi numbers in the Okavango Delta area. Kubango) and western Zambia. The Pans in Botswana, covering an area Kaza also boasts at least 3,000 plant Angolan Ministry of Hotels and Tourism almost the size of Portugal, in the midst species, 600 southern African bird species, has already given the go-ahead for of desert, and Lake Kariba in Zambia and 2,645 flora species, 128 species of reptiles, 50 accommodation work in Kuando Kubango. Zimbabwe, the world’s largest artificial species of amphibians, almost 300 butterfly Dr Siamudaala told Universo that lake. In addition, the region comprises species and a great variety of sea mammals. the Kaza countries are streamlining their various types of woodland, grassland and visa requirements for the region. “Where wetlands, supporting its high biodiversity. Tourist magnet possible, they will develop a tourist visa Elephants are not the only ones who Not surprisingly, given Okavango- system limited to the Kaza area in order to will profit from the wildlife corridors. Kaza Zambezi’s many assets, the region is set to allow for seamless travel of tourists within is home to Africa’s charismatic Big Five: be southern Africa’s top tourist destination. the area,” he said. p

38 SONANGOL UNIVERSO DECEMBER 2012 39 EcoPrint Gerrit de Vries SPORT PARALYMPICS TEAM STRIKES GOLD Henrique Malungo, courtesy of BP Angola

ngola’s national Paralympics Track record team returned to Luanda Sayovo’s triumph was the athlete’s from the 2012 Paralympics third consecutive appearance at in September, bringing the the Games. His total tally is now nationA the present of a memorable gold eight medals and record times in Henrique Malungo, courtesy of BP Angola medal win by charismatic blind athlete the 100, 200 and 400 metres won José Armando Sayovo. during the last three Paralympics. Sayovo won gold in the 400-metre What makes Sayovo’s achievement distance race and followed this up with in London even more impressive a bronze medal in the 200 metres for is the fact that the man from visually-impaired athletes (class T11) Catabola, Bié province, is now a in the Games held in London between 40-year old veteran athlete. August 29 and September 9. Remarkably, Sayovo currently leads the world da Conceição said that Paralympic sport he also narrowly missed out on another Paralympic ranking in the 200 metres and was a living example of the government’s bronze medal in the 100 metres, having 400 metres for visually-impaired athletes, investment in its social-inclusion policy. to settle for fourth place. according to the International Paralympic José Sayovo “makes us feel citizens of the “The Olympics are the highest point Committee. In the 400-metres category, world with his achievements”, he added. in the career of an athlete. Fortunately I Sayovo tops the list of 30 athletes with a reached this point in the competition,” time of 50.75 seconds, while he shares a Sayovo’s future said Sayovo. time of 22.84 seconds with Brazil’s Daniel The Angolan Paralympic Committee has The other runners making up Angola’s Silva in the 200 metres. put forward Sayovo’s name to the United Paralympic contingent – Octávio dos Sayovo was awarded a prize of Nations for a possible role as a ‘good-will Santos, Esperança Gicasso and Maria da two million kwanzas ($20,951) by the ambassador’ in promoting the cause of Henrique Malungo, courtesy of BP Angola Silva – fell short of medal places but gave Angolan Ministry of Youth and Sport in the disabled. good accounts of themselves, surpassing recognition of his feat. Sports Minister The next Paralympic Games will be personal records during the competition. Gonçalves Manuel Muandumba said held in Rio de Janeiro in 2016. The big Members of Angola’s Paralympics squad received a warm welcome in Sayovo told the Angolan press that a Sayovo was one of Angola’s greatest question for Angolans is: will Sayovo be memorable highlight of the trip was the sportsmen and a symbol of Angolan sport there? Nobody is betting against another Luanda on their return from London 2012. Team talisman José Armando support he received from the Angolan who continued to raise the country and Sayovo appearance at the age of 44; after Sayovo stunned the competition with a majestic display fans when he entered the Olympic its flag beyond its borders. all, he surprised almost everyone by his Stadium in London. Deputy Sports Minister Albino José success this time around. p

40 SONANGOL UNIVERSO DECEMBER 2012 41 Sonangol news briefing Sonangol news briefing

ZEE latest ■ Two more industrial units have been Sonangol and added to the Sonangol-supported special Rio Oil and economic zone (ZEE) in the Viana-Bengo. One unit, Indústria de Ferragens Lda, will manufacture 95,000 security locks of four Maersk oil find different types and employ 102 workers. Gas Expo The second unit will produce galvanised ■ Sonangol participated in the giant Rio Oil and Gas Expo and products and have a staff of 29. conference held in Rio de Janeiro in September. More than 500 The total number of enterprises now exhibitors were present at the Riocentro Exhibition & Convention operating in the zone stands at 17 with centre located in the western district of Barra da Tijuca, the a total workforce of 3,000. Another nine planned site of Brazil’s 2016 Olympic Games. units are expected to start up by the end The main theme of the Sonangol stand was the of this year. The scheme’s target is to internationalisation of the company’s operations, so subsidiary have 53 units fully operational by 2014. Sonangol Starfish Oil & Gas was the focus of attention. Joaquim Leite da Costa, president of Sonangol Starfish, said the event surpassed expectations and gave greater exposure to Starfish, and was also an excellent opportunity for promoting Sonangol around the world. James Jones Jr

■ Sonangol E.P. and partner Maersk Oil Angola announced another oil discovery in Block 16 (Cabinda) in early October. The deepwater Caporolo-1 well showed a flow of up to 3,000 barrels per day in tests. “It’s the second discovery made in this block after Chissonga-1. The Caporolo-1 well was drilled at a sea depth of 1,235 metres and reached a total depth of 5,508 metres,” said Sonangol. Maersk is the block operator and has a 65% stake, while Sonangol P&P owns 20% and Brazil’s Odebrecht Oil & Gas Angola has the remaining 15%. Sonangol E.P. is the concession holder. Malocha

Sonangol Starfish New fuel depot at returns Brazil block Kuando Kubango Sonangol grants Team Schlesser ■ Oil Minister José Maria Botelho de Vasconcelos inaugurated ■ Sonangol Starfish Oil & Gas and OGX Petróleo have returned their a new Sonangol fuel depot in Kuando Kubango province on denied World Cup win licences to drill in two shallow offshore blocks to Brazil’s National August 25. He was accompanied by Sonangol E.P. board 500 scholarships Petroleum Agency (ANP). The blocks in the Santos Basin were president Francisco Maria and other board members. ■ Team Sonangol Schlesser recorded another win in the two- deemed not as productive as the ones in deeper water. Sonangol Sonangol’s latest addition to its supply network will benefit ■ Sonangol E.P. has made 500 scholarships available for wheel-drive category race in the Baja Poland cross-country rally Starfish returned its stake in Block BM-S-60 after a long drilling provincial capital Menongue and other municipalities in the degree studies abroad for courses in geosciences, engineering championship in early September. However, a few weeks later campaign that proved three times more expensive than estimated. fast-developing region of south-east Angola. and technology as well as applied social sciences. The with the title within its grasp, the team failed to win the World Cup Oil and gas were found but not in commercial quantities. Sonangol The fuel depot has storage capacity of 4,500 cubic metres, objective is to meet the future needs of Angola’s oil industry 2WD in the Pharaons Rally held in Egypt from September 29 to Starfish now aims to concentrate its efforts in north-east Brazil in made up of 2,000m3 of diesel, 1,000m3 of petrol and 1,500m3 for qualified personnel. Angola’s Higher Polytechnic Institute October 6. Team Sonangol Schlesser was disqualified from the the Potiguar (Rio Grande do Norte) and Recôncavo (Bahia) basins, of aviation fuel. The facility also has storage space for 200 of Science and Technology (ISPTEC) will manage the selection rally on a technical irregularity because an air-intake duct was according to Brazilian oil website Macaé Offshore. metric tonnes of LPG, enough to fill 4,000 12kg canisters a day. process of candidates. deemed slightly too large.

42 SONANGOL UNIVERSO DECEMBER 2012 43

As London-based Sonangol Ltd approaches its 30th anniversary in February 2013, Universo looks at its crucial role in marketing Angola’s oil and the aspirations of new CEO Sandra Júlio

LONDON onangol’s light, tastefully- has played a huge role and has had a the operator works out contract details: decorated offices, tucked away in great impact on Sonangol as a whole the designation of a vessel for loading, REGENERATION a side street in the shadow of the and on Angola, as oil was, and still is, its documentation, letters of credit and world-famous Harrods department main source of earnings. Sonangol never demurrage details (penalties for delays). Sstore in London’s West End, have seen defaults on loans, and this has given the Payment for the oil is due after 30 days. huge changes over the past three decades company and Angola reputational gains.” It is up to the buyer to find and lease SONANGOL LTD TURNS THIRTY in the company and in Angola’s fortunes. Neves also represents Sonangol on a vessel to collect the cargo on an agreed When Sonangol Ltd was established in OPEC’s economics commission, giving date. This can sometimes prove tricky as 1983, it represented a largely unheard-of further evidence of the company’s crude tankers may be two to three weeks’ company in world oil markets. It traded improved international profile. sailing time away from Angola and have low volumes of oil for low prices from a “It’s an honour and it gives Angola to be able to reach the terminals in time. country little-known but for conflict. more impact abroad,” he explains. Tankers are costly to run, and failure to Today, Angola is in its tenth year of According to Neves, the challenges meet a time slot can result in a hefty delay peace, enjoys an upbeat economy with high ahead for marketing Sonangol’s oil will be fee for the buyer. growth rates and has raised its oil output in the decline of purchases by what was Each million-barrel cargo usually tenfold. Sonangol’s London team deserves previously its largest client, the United takes around 24 hours to load. The oil is particular credit for making a significant States. While China is now Angola’s largest sold for delivery on a schedule based on contribution to improving the reputation client and the US is in second place, the an almost constant flow of oil through of the company and the country. latter’s likely self-sufficiency by 2030 could Sonangol’s 15 terminals. “Sonangol Ltd is the front office of dent international sales and hit oil prices. If Sonangol fails to honour the loading Sonangol E.P.,” says trading and marketing In preparation for this, Angola must seek time slot, then it may be hit by a contractual manager, Luis Neves, who has been in the alternative markets, he says. demurrage fee. Sonangol’s role now is to London office for eight years out of his make sure the loading facility operates 14-year Sonangol career. He took on his How Sonangol’s promptly, efficiently and has space for present position in January 2012. trading operations work other loadings. Neves says his job title is a little Two months before Sonangol sells its crude One operator skill is in matching the misleading, as his role has more to do with oil, representatives of its offices meet and buyer to a delivery date. The trader must marketing than with trading. Marketing is decide upon the likely volume available try to get the best possible price for the the core activity of Sonangol Ltd. and their pricing strategy. A programme oil. Market knowledge and experience is But, the London office’s functions also is then produced with the prices, the essential as buyers are offered oil from go some way beyond this. different oil ‘streams’ or oil quality types many producers and new fields in the “We publicise Angola’s image and for sale, and which of Angola’s terminals same region, so Angola must compete. we’re proud of our 30 years here. Sonangol will be used for loading. Approximate time Angola has the advantage of geography is seen as a good brand. Everybody knows slots for the vessel to start the operation are for its shipping operations, as it is on it now. We’re proud to be Angolan and also given. the main route from the Middle East to African,” he enthuses. The role of the London, Singapore and Europe. Here an empty tanker may often Another role the London office Houston offices is to oversee the contract be available on its return to the Gulf. This performs, says Neves, includes facilitating and the loading operation. can then be leased to pick up a lucrative investment. Sonangol’s creditworthiness Once a purchase has been agreed, return cargo, known as ‘backhaul’. The helps financial institutions view Angola and Angolan companies more positively. This has proved especially important for the nation’s economy. It has enabled Angola to be seen as a country where one can do ‘Sonangol is seen as a good brand; business and also find trustworthy partners. Sonangol Ltd’s finance manager, everybody knows it’ – Luis Neves Pankaj Agarwala, a 16-year veteran in the London office, agrees. “The office

44 SONANGOL UNIVERSO DECEMBER 2012 45 Tony Hill Sonangol news briefing Sonangol news briefing

tanker could then take Angolan oil to a Some company history Far East customer and thus be closer to its Former managing director José Carlos de Sandra Júlio destination port, having earned an extra Castro Paiva played a key role in developing fee on its way home. Sonangol Ltd over nearly 30 years until his Sonangol Ltd’s four-strong operations retirement at the beginning of 2012. Sandra Júlio is a senior crude oil and LPG marketer at team is led by Uíge-born manager Paiva says he faced three major Sonangol. She started working for Sonangol in 1996 as

Solange Verdade. Verdade has been in challenges on taking up his post, the a systems analyst, after graduating in Computer Science Adrian Safranek the oil industry for over 20 years, having ‘terrible trio’ of low oil production, low at the University of Salford near Manchester. In 1997 she previously worked at Elf Aquitaine and prices and war. The company has left each was invited to work at Sonangol USA in Houston, Texas, Sonangol’s US operations in Houston. of these negative factors far behind. as a network administrator and assistant to the crude oil Verdade says her role is to make sure crude Paiva remembers early days at operations manager. Before joining the team in Houston, loadings and discharge operations (of Sonangol Ltd when traded volumes were she participated on a training programme with Citizens refined products) run smoothly. relatively low and a barrel of oil fetched a Resources in Boston, Coastal in Houston and Equator The main types of problems the mere $6.70. Angola is now a medium-sized Bank in Connecticut. operations team have to deal with are producer and oil is currently hovering late vessel arrivals, low inventories and above $105 a barrel, having peaked at $145 While working at Sonangol USA she was involved mechanical failures. in 2008. in various projects, created the first Sonangol crude oil “You have to be organised and active, One of Paiva’s proudest achievements operations database, and was involved in setting up the and be able to anticipate problems and was his contribution to helping soothe the new HQ in Houston. In 2003 she moved to London to work respond quickly,” she explains. “Touch Angolan government’s financial problems for the crude oil operations department. In 2005, when wood, there have been no big incidents.” during the heroic period of the country’s Sanha LPG started production, the company appointed Sonangol’s offices in London, Houston resistance to the military onslaught of her to be part of the LPG marketing joint venture team and Singapore ensure operations are apartheid South Africa. “We did contribute at Chevron to get experience in the business. After two overseen 24-hours a day, seven days to keeping the country’s economy alive,” years she returned to Sonangol and helped establish a week. Operations teams are always he remembers. the LPG sector at the trading department, and started vigilant. “The task needs continuity, so Based on oil revenues, Sonangol was marketing Angolan crude and LPG. She also participated we don’t take all our annual leave in able to raise finance on London money in a training programme for traders with BP and came one go. You can’t be offline too long,” markets from a figure of $200 million at Luis Neves: Trading & Marketing Manager says Verdade. the beginning to $2 billion some years out as the top trainee. Sandra Júlio became the first Verdade’s British-born deputy, Stephen later for the government’s treasury. “They Angolan female trader inside Sonangol. Booth, has been with Sonangol for 12 years were tremendous deals and achievements As a crude oil and LPG trader, she has been involved and has a background in shipping design in various marketing projects, contracts negotiations, Sonangol Ltd values and cargo inspection. He notes that Angola’s setting up the new gas department inside the company, expanding oil output has meant there are marketing crude oil and LPG cargoes and training new Customer satisfaction now more cargoes to keep an eye on. employees to develop knowledge in marketing crude oil Another member of Verdade’s team is and gas. operations coordinator Jorge Assis, who In January 2012 Sandra Júlio was appointed Performance hails from Benguela. president and chief executive of Sonangol Ltd. Sandra Júlio: President & CEO Assis started his career with Total working as an offshore manager, optimising Effective communication production and logistics and ensuring safety. “We make sure the contract is observed ‘We want Sonangol to be Team working correctly, protect Angola’s interests and oversee the terminal-customer interface and check that payment is made on the internationally recognised as a Ethical conduct due date,” he explains. In his offshore days, Assis was involved successful and reputable oil and gas Respect for diversity directly with much larger numbers of staff, as many as 500, but now works in an office with fewer than 30. trading and marketing company’ Quality, Health, Safety “The dimensions are smaller, but it’s of much bigger importance for the company,” – Sandra Júlio & Environment (QHSE) he says with a smile. Solange Verdade: Operations Manager

46 SONANGOL UNIVERSO DECEMBER 2012 47 OIL & GASSonangol news briefing Sonangol newsOIL briefing & GAS

as it was incredibly difficult to get finance to the office, having worked for BP for 14 then,” he recalls. years, ten of those on the marketing side. Why London? Another source of pride for Paiva Evans believes the most important has been the growth of Sonangol Ltd’s company legacy built up over the past 30 London was the obvious first-choice site for Sonangol’s reputation for professionalism and years, apart from selling as much oil as first major overseas office. It is the world’s largest oil transparency. It has always repaid its possible, is its culture of client care. trading market and a leading financial centre where London bankers, and they helped spread “We look after clients; we recognise the banks could be easily contacted to arrange credit for the word about Angola’s creditworthiness. value of term relationships, behave as a its oil sales. The financial markets’ confidence major and follow a deal to the letter. We’re The city is also home to the world’s largest shipping in Angola has risen exponentially and it considerate and flexible in approach but and insurance market and so plays an important role in enjoys much more favourable interest don’t lose focus on the process,” he explains. rates as its high-risk rating has long “Clients talk to the same people in the providing cover for oil tankers and oil operations. since declined. office, know their first names, and these In the early 1980s, around 85 per cent of Angola’s The company today is now one of Africa’s people do what they say they will do, and that oil sales were to the United States, but most of outstanding oil producers. “Sonangol has no builds trust and gives an element of stability in these companies bought their oil via their London African comparison. The market says that,” the relationship.” branch offices. Paiva points out enthusiastically. Evans also believes the best preparation An added advantage for Sonangol is that the for Sonangol Ltd’s future is to make José Paiva: former Managing Director UK is in the same time zone as Luanda, so its Building a legacy sure that it loses none of the knowledge daily operations fit in well with the working day of One of Sonangol Ltd’s ingredients to its acquired over the past decades. Sonangol’s head office. success has been the slow turnover of staff, For 14 years London was Sonangol’s only overseas a sure sign of employee satisfaction. Paiva, Looking to the future office. In 1997, as Angola’s oil production increased, Quality coordination Ceri Evans and recently-retired trader The London office is now undergoing a Sonangol USA was founded and opened offices in Kevin Stearns, Sonangol Ltd’s office manager is a former Andy Whitrow have clocked up more than period of transition as a new chief executive a quarter of a century each at the office, takes her place at its head and Sonangol Ltd Houston, Texas. This office was tasked with handling British soldier, and in his 15 years of service he was involved and several younger members of staff are comes under the responsibility of Sonaci. new clients in the region. in logistics operations. Stearns brings to the company a already into their second decade. Sandra Júlio was appointed president Sonangol opened a Singapore office in 2003 to cater mind-set of tight process discipline and observance that is A contented workforce generates and chief executive of Sonangol Ltd at the for customers in the fast-expanding Far East markets, an essential ingredient for operational success. dividends at the client interface. Customers beginning of 2012, succeeding the long- especially China and India. Since London gained ‘sister offices’ in Houston are always happy to deal with the same serving José Paiva. There has been a marked shift in Angola’s oil and Singapore, process uniformity in quality and people as it helps build the trust involved A tribute to the cohesion at the London markets: Demand in the United States is falling, China implementation has become even more important as the in any long-term relationship. Getting office is that Júlio herself was promoted has become Angola’s largest single customer, and three offices cooperate continuously. There are hand-overs the right people for the job on board in through the ranks of that office. Angola is China’s leading supplier. when overseeing individual ship loadings as part of their the first place, and then keeping them, Júlio won a scholarship and joined a Sonangol Ltd in London and its sister offices in 24-hour service provision. has been very important for building the Sonangol training scheme in 1991. She Singapore and Houston have a mutually beneficial In order to attain service Pankaj Agarwala: Finance Manager company’s reputation. studied Computer Science at Salford relationship. Each provides operational advantages to uniformity, Stearns has Supply and logistics manager Ceri University and also spent one year at Evans, who joined Sonangol’s London accountants Coopers & Lybrand’s Lisbon the others as they share their workload. Individual oil been heavily involved in operations in May 1983, describes his oil- office. Júlio was one of the four pioneers operations enjoy round-the-clock support as the three implementing a programme selling task simply as “turning brown stuff to open Sonangol’s Houston office in 1997. offices can serve them through three major time zones. of ISO certification. The aim into green stuff”. Her move to the company’s London The offices have a flexible and informal relationship of certification is continuous He brought a wealth of experience office came in 2003 on a rotation with each other and between sellers and buyers, so no service improvement, and the one office assumes a geographic territory. three offices are encouraged to The workload of supporting contracts is fairly divided audit each other’s compliance ‘Sonangol has become one between the three offices. Sonangol sells approximately with process schedules to 27 individual one million barrel-loads of oil a month, so attain this goal. of Africa’s outstanding each overseas offices handles roughly nine loads a month. Sonangol Ltd gained Since October there has been an organisational its first ISO certification reshuffle at Sonangol, and the three international offices in 2009 and is currently oil companies’ are now under the umbrella directorship of Sonangol in the process of recertification – José Paiva Comercialização Internacional (Sonaci) headed by Ruth and upgrading to even Ceri Evans: Supply & Logistics Manager da Costa David. higher standards. Kevin Stearns: Office Manager

48 SONANGOL UNIVERSO DECEMBER 2012 49

Sonangol news briefing Sonangol news briefing

Sonangol’s consumers Sonangol Limited President Sonangol Limited & CEO 01 China...... 50.86 Merevale House, 05 06 07 Brompton Place, 02 India...... 8.77 08 London SW3 1QE 04 03 Taiwan...... 5.10 09 www.sonangol.co.ao 04 US East Coast...... 4.53 Sonacare IT Department 03 10 05 US Gulf Coast...... 4.50

06 11 South Africa...... 4.11 07 Angola...... 3.45 12 08 US West Coast...... 2.91 Trading Operations Finance Administration Supply & Logistics 02 13 Department Department Department Department Department 09 UK...... 2.81 14 10 Portugal...... 2.75 15 11 Canada...... 2.72 16 In the future, staff training, especially 12 Spain...... 2.71 17 of Angolans, is high up Júlio’s agenda. At 13 18 Italy...... 1.07 the moment she is the only Angolan female

14 19 Peru...... 1.00 that can trade oil and LPG. Sonangol Ltd has only seven Angolans 15 France...... 0.68 out of its 27 employees. Júlio says 16 Holland...... 0.68 she would love to see more Angolans gaining experience in the marketing and 17 US Atlantic Coast...... 0.67 trading business. 18 Sweden...... 0.35 “I’d like to see more Angolans involved in 01 19 Thailand...... 0.32 the crude-oil supply chain, from exploration and production of crude oil to trading, refining and retail markets,” she says. programme. Júlio later spent two more our portfolio of clients, offer better services With this in mind Sonangol Ltd, in Jorge Assis: Operations Coordinator years working in Chevron when the and be proactive,” she says. conjunction with Sonaci and Sonangol innovative Sanha liquefied petroleum gas “Previously, Angola just sold its oil ‘International oil and gas trading associates, is preparing several exciting project started up, this time for Chevron assets. Now we want to trade other grades, training programmes for its new staff as an LPG trader. Sanha, off the coast of increase the volume of trading activity, not will invigorate Sonangol’s including many Angolans. Cabinda, was the world’s first dedicated only of Angolan oil grades but also other “We also want to promote more floating LPG production, storage and non-Angolan grades”. marketing activity’ rotation among the Angolans working in offloading (FPSO) facility. The result of this will be to have a larger the trading units, so that they gain more Júlio returned to Sonangol’s London portfolio of oil grades to offer clients. – Sandra Júlio experience in other markets,” she explains. office in 2007 when she was appointed She points out that there is no problem Sonangol Ltd’s new chief executive crude oil and LPG trader. with Angola’s current grades as refiners are describes her mission as acting as an agent Sonangol Ltd’s environment has more flexible, especially China and India, primacy as a location for Sonangol representatives in London. I believe we for Sonaci to market and trade oil and gas changed markedly since its foundation which have a broad range of refineries. Ltd is unlikely to be challenged in the have better access to them in the UK. We products while offering clients competitive 30 years ago and there are new challenges There is a good demand for Angolan grades. near future. also have good professionals in-house.” and value-maximising solutions. ahead for the youthful Júlio as she leads the A Sonangol sea-change in recent years “It’s an important office and the Sonangol Ltd has long been considered “We want Sonangol to be inter- company’s largest overseas office forward. has been the shift away from selling to first overseas office of Sonangol. We’ve the company’s front office and Angola’s nationally recognised as a successful Júlio says it is a big advantage to have North American markets, which used to been here since 1983. London is the window on the world. This has proved and reputable oil and gas trading and known Sonangol Ltd well before taking take over 70 per cent of Angola’s oil, to world’s largest oil trading hub and a especially important for the country’s marketing company,” she says. office as its chief executive. However, she China as its main client. leading financial and business centre. economy. It has enabled Angola to be seen All the signs indicate that Sandra Júlio, is conscious that the company will have The US is seen as a declining oil-import We’re in the same time zone as Luanda as a country where one can do business and backed by her highly-professional team, to face increasingly strong competition in market and one of Angola’s challenges is and we’re central. We’re also near our also find trustworthy partners. It is now very should maintain Sonangol Ltd’s legacy the future. to compete for new markets to replace it. banks, financial institutions and clients, well respected, considered one of the best and the company’s good reputation for “So we have to keep up and improve Júlio is adamant that London’s since most trading companies have African companies and a first-class supplier. professionalism and transparency. p

50 SONANGOL UNIVERSO DECEMBER 2012 51