# Angolan economic growth and investment performance > Live situation record from CLSTR: https://clstr.news/situations/angolan-economic-growth-and-investment-performance > Updated: 2026-09-09T19:33:13.000Z. Sources: 52. Developments: 6. Angola has demonstrated significant economic expansion through both its sovereign wealth fund and national GDP. In 2025, the Fundo Soberano de Angola (FSDEA) reported a net profit of approximately $527 million, a nearly 200% increase from the previous year. By the second quarter of 2026, the national economy showed continued momentum with a real GDP increase of 8.74% compared to the same period in 2025, driven by a 9.24% expansion in the non-petroleum sector and a 5.64% recovery in the petroleum sector. Recent developments highlight continued growth in key sectors. In the petroleum industry, TotalEnergies announced a new discovery at Acacia-5 on Block 17, expected to increase production by roughly 6,000 barrels per day, alongside a planned $10 billion investment over five years. The company intends to fast-track development to achieve first oil within three months by utilizing the Pazflor FPSO and has signed agreements to acquire a 40% operated interest in exploration blocks 17/25 and 32/21. ExxonMobil also reported a new discovery at offshore Block 15 via the Vicango Este-01 exploratory well, marking the 20th discovery at that block in 30 years. The National Oil, Gas and Biofuels Agency (ANPG) projects total sector investments exceeding $70 billion over the next five years. To support these efforts, Afreximbank is exploring financing to increase local ownership in the sector, having already invested nearly $2 billion in Angolan energy. To further diversify funding, the Ministry of Finance is working to open the domestic bond market to international investors, while a $13 billion gas master plan focuses on industrial hubs. Despite these developments, domestic challenges persist; the Minister of Energy and Water reported that approximately half of the population still lacks access to electricity. Inflationary trends have also stabilized, with the annual rate falling to 8.78% in August 2026. ## Claims - Nigeria's real GDP expanded by 4.43% year-on-year in the second quarter of 2026. (corroborated by 12 sources) - Nigeria's agriculture sector expanded by 4.39% in the second quarter of 2026. (corroborated by 6 sources) - Nigeria's services sector grew by 4.60% in the second quarter of 2026. (corroborated by 6 sources) - TotalEnergies announced the Acacia-5 discovery on Block 17. (corroborated by 6 sources) - Nigeria's average daily oil production rose to 1.72 million barrels per day in Q2 2026. (corroborated by 4 sources) - Nigeria's aggregate nominal GDP stood at N119.27 trillion in the second quarter of 2026. (corroborated by 4 sources) - TotalEnergies and its partners plan to invest $10 billion in Angola over the next five years. (corroborated by 4 sources) - Nigeria's oil sector grew by 7.31% year-on-year in the second quarter of 2026. (corroborated by 3 sources) - Angola's non-oil sector expanded by 9.24% in Q2 2026. (corroborated by 2 sources) - Angola's petroleum sector grew by 5.64% in Q2 2026. (corroborated by 2 sources) - Nigeria's industrial sector growth slowed to 3.96% in the second quarter of 2026. (corroborated by 2 sources) - ExxonMobil and ANPG announced a new oil discovery at Block 15 in Angola. (corroborated by 2 sources) ## Timeline ### 2026-09-09: Angola agricultural growth could increase GDP contribution Growth in Angolan agricultural production may increase its share of the national GDP, despite challenges regarding technical knowledge and access to essential inputs. 2 sources. https://clstr.news/cluster/angola-agricultural-growth-could-increase-gdp-contribution ### 2026-09-09: Angola energy sector sees major oil discoveries and massive investment plans Angola reports major oil discoveries by ExxonMobil at Block 15 and TotalEnergies at Block 17, alongside plans for over $70 billion in energy investments and a $13 billion gas development strategy. 20 sources. https://clstr.news/cluster/angola-announces-new-oil-discovery-at-offshore-block-15 ### 2026-09-08: Angola inflation falls to 8.78% in August Angola's annual inflation rate dropped to 8.78% in August, marking its second consecutive month below 10%, according to the National Statistics Institute. 6 sources. https://clstr.news/cluster/angola-inflation-falls-to-878-in-august ### 2026-09-05: Angola reports credit growth and rising international reserves Angola's real sector credit grew 46.6% to 2.1 trillion kwanzas in July, while international reserves reached $14.9 billion in Q2 2026, supporting nearly seven months of imports. 3 sources. https://clstr.news/cluster/angola-reports-credit-growth-and-rising-international-reserves ### 2026-08-31: Nigeria and Angola report strong Q2 2026 economic growth Nigeria's economy grew 4.43% in Q2 2026, driven by oil and services, while Angola saw 8.74% growth. Despite these gains, Nigerian households face ongoing cost-of-living pressures. 30 sources. https://clstr.news/cluster/angola-gdp-grows-874-in-q2-2026-driven-by-non-oil-sector ### 2026-08-26: Angola's sovereign wealth fund reports 200% profit growth Angola's sovereign wealth fund (FSDEA) saw its 2025 net profit surge 200% to approximately $527 million, driven by high returns in liquid and alternative investment portfolios. 2 sources. https://clstr.news/cluster/angolas-sovereign-wealth-fund-reports-200-profit-growth --- Cite as: Angolan economic growth and investment performance. CLSTR, https://clstr.news/situations/angolan-economic-growth-and-investment-performance