Angola GDP growth to speed to 9.1 pct on oil output

(REUTERS) Angola is set to return to strong economic growth this year as a rebound in crude output opens up new oil fields and existing ones complete maintenance cycles, a Reuters poll showed on Wednesday.

The median forecast of 12 economists showed gross domestic product (GDP) in Africa’s second largest oil-producer after Nigeria would grow 9.1 percent in 2012.

"Crude output represents 45 percent of Angola's GDP." Shown, rig on Angola's coast.

Oil output in Angola came in below estimates last year due to technical problems and maintenance at some fields, crimping economic growth to just 3.4 percent compared to the government’s initial prediction of 7.6 percent.

Read full article by Shrikesh Laxmidas and Vuyani Ndaba in REUTERS AFRICA