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SONANGOL UNIVERSO Uwww.universo-magazine.comniverso MARCH 2012 CEO CHANGEOVER New man at the helm of Sonangol MALANGE MAGIC Boom province sets the pace OIL BONANZA Hidden treasure in Angola’s subsalt ISSUE 33 – MARCH 2012 MARCH INSIDE: oil and gas news Inside this issue Universo is the international Contents magazine of Sonangol Angola news in brief Board Members Francisco de Lemos José Maria (President), Sonangol chief moves to ministry; sunny Mateus de Brito, Anabela Fonseca, disposition guaranteed; carbon date with the 04 Kimesso Kissoka Sebastião Gaspar Martins, Fernando Roberto, future; presidential visitors; Neto tree-planting Baptista Sumbe, Raquel Vunge memorial; byte-sized television; credit boost to business; banking on development Sonangol Department for Communication & Image Director Sonangol: New Board Named João Rosa Santos Sonangol’s new board, headed by Francisco Maria, Corporate Communications Assistants officially took office on February 17 Nadiejda Santos, Lúcio Santos, Sarissari Diniz, 06 José Mota, Beatriz Silva, Paula Almeida, Sandra Teixeira, Marta Sousa, Hélder Sirgado, Kimesso Kissoka 06 Sonangol Profits Hit New Heights Publisher Sonangol reports higher profits in 2011 jennybs Sheila O’Callaghan 08 Editor John Kolodziejski Art Director 14 Tony Hill Angola’s Silent Partner Sub Editor Ron Gribble Many aspects of Angola’s relationship with the United States are ‘under the radar’ but Universo Circulation Manager 14 Agência O Globo Matthew Alexander tracks them down for examination Project Consultants London 2012 Nathalie MacCarthy Mauro Perillo Angola’s London Olympics Group President John Charles Gasser Angola’s participation in London’s Olympic Games 24 this year gives the country the opportunity to showcase its world-class athletes. Which competitors Universo is produced by Impact Media sonangol’s appointment of a new board along with a have the brightest prospects? We find out Custom Publishing. The views expressed in the publication are not necessarily report on its annual results and press conference open our 34 those of Sonangol or the publishers. You Semba, We Samba! Reproduction in whole or in part without prior permission is prohibited. March issue. Angola’s number one company announced Angola is the origin of Brazil’s samba. Rio de Janeiro returns the compliment with a fulsome This magazine is distributed to a closed 34 higher profits in a promising scenario of new subsalt oil tribute to Angola in its annual parade circulation. To receive a free copy: Jose Manuel Lima da Silva [email protected] finds and the forthcoming start up of LNG production Circulation: 17,000 Malange – Angola’s Boom Province Our second feature examines the surprisingly Brazil’s flamboyant annual Rio carnival Agribusiness, tourism and new infrastructure long-standing relationship between Angola was the setting for a heartfelt homage to 38 are key ingredients for Malange Province’s and the United States. It exists on so Angola. Universo picks out some of the best booming economy Davenport House many levels, from Angola’s Boeing fleet to photographic memories from this wonderful 16 Pepper Street London E14 9RP a Luanda youth’s latest iPhone, that the Angola-themed parade. United Kingdom connection is often overlooked. Universo takes a Malange is proving to be one of Angola’s most Sonangol news in brief 38 Tel + 44 20 7510 9595 closer look. dynamic regions. Blessed with fertile soil and LNG project; Sonangol shipping; new health BP p.l.c. Fax +44 20 7510 9596 Another story looks forward to Angola’s good rainfall, it is now set for economic lift-off, clinics; Porto Amboim opens for business; oil [email protected] 46 participation in the London 2012 Olympic thanks to new infrastructure and investment. output to rise in 2014; subsalt seismic survey; www.universo-magazine.com Games. We also take a look back over past We speak to the local ‘movers and shakers’. lighter load for gas users Cover: Kamene M Traça competitions; see how today’s athletes are preparing; and preview which sport stars are the Treasure in the Cellar: Angola’s Subsalt likeliest to bring credit to Angola. Angola’s deep oil deposits are set to mirror 48 Brazil’s success 48 2 SONANGOL UNIVERSO SONANGOL UNIVERSO 3 ANGOLA NEWS IN BRIEF ANGOLA NEWS IN BRIEF Sunny disposition Neto Carbon date with the future Byte-sized TV guaranteed ANGOLA IS LAUNCHING a carbon credit programme, Minister Sonangol chief tree-planting of Environment Fátima Jardim announced during the COP17 Climate Change Conference in Durban, South Africa. Some memorial 24 million tonnes of carbon credit will be made available from moves to ministry 60 potential projects across the country. THE WIDOW OF Agostinho Neto, The Angola LNG project – due to start exporting natural Angola’s first president, has gas shortly – will produce around 12 million tonnes of carbon launched a tree-planting campaign credit a year. With this initiative, the minister said, Angola as a memorial to her late husband. would become Africa’s third-largest carbon creditor nation, Kimesso Kissoka iStock Maria Eugénia Neto inaugurated after Nigeria and South Africa. Landscape: Felipe Miguel SOLAR PANELS TO convert sunlight into electricity are to be the scheme to commemorate installed in rural communities around Angola. The 132 solar what would have been Neto’s 90th TV: iStock photovoltaic systems will benefit 36 schools, 29 health birthday at Catete, Bengo, where centres, nine police stations, ten community centres and 48 he was born. She was accompanied ANGOLA HOPES TO be the first African administrative offices, says the Ministry for Energy and Water. by her daughter Irene Neto. Credit boost to business country to have a fully-digitalised Street lighting will also use the solar energy. The provinces to Working in conjunction with the A CREDIT LINE of $1.6 billion is to be made available to Angolan television service by the end of 2012. benefit from the new technology are Bié, Cunene, Huíla, Angolan Club of Ecological Friends enterprises in a bid to help bolster the private sector. President Talks are underway with a Japanese Kuando Kubango, Lunda Norte, Malange, Moxico and Zaire. for Life (CAAE), the family plans dos Santos made the announcement at an MPLA conference company to install the technology to plant 20,000 indigenous trees focusing on improving the performance of small and medium- for the switchover. The system will be and open an ecological school in sized companies and diversifying the economy away from its based on technology already used in Banking on development the area. dependence on oil. Japan and Brazil. THE AFRICAN DEVELOPMENT BANK (AfDB) has opened an office in Luanda to boost support for the country’s economy. The AfDB currently finances six projects in Angola to the tune of Angola in numbers $92 million in sectors including fishing, budget support and FIGURED OUT public-private partnerships. There are plans to increase overall investment to $400 million by 2015. SONANGOL’S LONG-SERVING president Manuel Vicente has been appointed Minister Angola has been a member of the AfDB since 1980 and of State for Economic Co-ordination. In his new role Vicente will be in charge of has received technical and capacity assistance in several areas all Angola’s economic matters and will lead bilateral commissions with China, Brazil, such as health, education, energy, water, agriculture and rural Cuba and France. He is replaced at Sonangol by Francisco de Lemos José Maria. development. Septime Martin will be the AfDB resident km 70,000JOBS CREATED THANKS TO 25,000OF ROADS REBUILT IN Ruth da Costa David Vunge joins the company’s board as an executive administrator. representative in Luanda. RISING VISITORS TO ANGOLA LUANDA SINCE 2008 UN’s Ban Ki-moon visits Angola Angop PRESIDENT JOSÉ EDUARDO DOS SANTOS received UN Secretary General Ban Ki-moon for talks at the end of a two-day official visit to Angola. ‘Angola is a very important state for the United Nations and the visit is a great % $24.9VALUE OF ANGOLAN EXPORTS billion TO CHINA DURING 2011 INCREASE IN AGRICULTURAL opportunity to see not only how to strengthen the contribution of the United Nations 8 in the development of Angola, but also the contribution of Angola to the United OUTPUT LAST YEAR Nations,’ the UN envoy said. Ban Ki-moon visited a polio vaccination post in Viana during his stay. Angola has a campaign to vaccinate six million children against the disease. South African President Jacob Zuma also recently visited Angola as did other heads of state and senior leaders including Equatorial Guinea’s President Teodoro Obiang Nguema Mbasogo, President Manuel Pinto da Costa from São Tomé and % CUT50 IN MALARIA CASES 6.8PUPILS REGISTERED million IN SECONDARY SCHOOL THIS YEAR Príncipe, and Prime Ministers Carlos Gomes Júnior from Guinea-Bissau and Pedro Passos Coelho from Portugal. OVER THE LAST FIVE YEARS 4 SONANGOL UNIVERSO SONANGOL UNIVERSO 5 SPORTINGSONANGOL SUCCESS NEWS BRIEFING SONANGOL NEWSSPORTING BRIEFING SUCCESS Anabela de Brito Fonseca Baptista Sumbe Fernando Roberto SONANGOL: NEW BOARD NAMED ■ SONANGOL’S NEW BOARD was formally installed on February 17 in a ceremony presided over by Minister for the Economy Abraão Gourgel. Also present were Manuel Vicente, the outgoing Sonangol board president and newly named Minister of State for Mateus Morais de Brito Sebastião Gaspar Martins Raquel David Vunge Economic Coordination, and Botelho de Vasconcelos, the oil minister. The new board president is Francisco de Lemos José Maria and the executive members are Anabela de Brito Fonseca, Baptista Sumbe, Fernando Roberto, Sebastião Gaspar Martins, Mateus Morais de Brito and Raquel David Vunge. Vunge was the only new executive board member to take office. Minister Gourgel also formally installed non-executive board members Albina Assis Africano, André Lelo, José Gime and José Paiva. Speaking during the ceremony Manuel Vicente congratulated the board on its renewal and urged its members to make every effort to go forward and meet the new challenge.