in Defence

Angolan defence budget increase set to benefit Russian and Chinese firms

Posted 26 April 2021 · Add Comment

Angola’s defence and security expenditure is expected to be valued at $8.5bn cumulatively over the 2022 to 2026 period according to GlobalData.

 

Angolan defence budget increase set to benefit Russian and Chinese firms.  Image:  Wikipedia

Between 2022 and 2026, GlobalData projects Angola’s defence and security expenditure will grow at a compound annual growth rate (CAGR) of 3.2% from $0.9bn in 2021 to $1.9bn by 2026

 

Between 2015 and 2019, Russia was Angola’s primary arms partner, representing 68.3% of imports - according to GlobalData’s “Angola Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026” report. Yet, China is making inroads

Following years of decline driven by economic recession, the Angolan defence budget is now set to increase in the coming half-decade from $0.9bn in 2021 to $1.9bn in 2026, registering a healthy CAGR of 3.2% and keeping Angola as one of the largest defense spenders in Africa. This will amount to a cumulative defence and security expenditure across the next five years of $8.5bn primarily fuelled by the country’s modernization of its outdated defence systems and the financing of military hardware procurement programs, according to GlobalData, a leading data and analytics company.

 

Harry Boneham, Associate Aerospace, Defence and Security Analyst at GlobalData, comments: “Increases in border security, the vulnerability of essential infrastructures, and regional geopolitics are acting as catalysts to the growth of security expenditure in Angola. Additionally, the country’s 1,600km coastline remains susceptible to attacks from pirates. Modernization of the Angolan Armed Forces is needed urgently, alongside the procurement of foreign military equipment.

 

“Given the nascent state of the domestic Angolan defense industry, it is likely that the reliance of foreign weapons - which has persisted since independence in 1975 and through the decades-long civil war - will continue into the near future.”

 

Historically, Angola procured the majority of its defense equipment from the Soviet Union, which included aircraft, armored vehicles and light artillery. In the period between 2015 and 2019, 68.3% of Angolan arms imports were of Russian origin, and Angola has relied on Russia to supply major platforms such as the Su-30MKI multi-role fighter aircraft. This relationship is built upon the legacy of the USSR’s support for the ultimately victorious MPLA in the Angolan Civil War. However, the growing influence on China in Africa is challenging this dynamic.

 

Boneham continues: “The People’s Republic of China has steadily been expanding its arms relationship presence in Africa in recent years, and Angola is no exception having recently supplied the country 12 K-8 trainer jets. While the Chinese defense industry continues to grapple with the challenges of indigenously developing top-level capabilities, it is more than capable of producing affordable platforms that satisfy the demands of African customers while not exceeding budgetary restrictions.”

Other Stories
Advertisement
Latest News

Airbus engineering pioneer Bernard Ziegler passes away

Airbus has announced the passing of Bernard Ziegler, at the age of 88. Ziegler, one of Airbus’ engineering pioneers, was instrumental in the introduction of the world’s first digital Fly-By-Wire (FBW) and side stick controls in a

Bombardier releases financial results Q1 of 2021

Bombardier has released its financial results for the first quarter of 2021 and affirmed its full year 2021 financial guidance and delivery expectations of 110-120 aircraft.

IATA welcomes G20 push to restart tourism

IATA has welcomed the agreement by the G20 Tourism Ministers to support the safe restoration of mobility by following the G20 Rome Guidelines for the Future of Tourism.

United Aviation Solutions and AFRAA launch initiative for African airlines

United Aviation Solutions (UTD) and the African Airlines Association (AFRAA) have launched the Brown Condor Initiative (BCI) aimed at providing a platform for AFRAA members with Maintenance Repair and Overhaul (MRO) facilities to

SITA's eWAS helps African airlines weather the storms

According to research by Cirium, weather phenomena such as heavy rains, thick fog and flooding are a significant cause of flight delays around the world and costs airlines billions of dollars annually. Adverse weather can also cause up

African airlines’ cargo demand in March increased 24.6%

The International Air Transport Association (IATA) released March 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels (March 2019) with demand up 4.4%. African airlines’

WDS SK2601090322
See us at
DAS21_BTShields AfricaWDS BT1202090322Aviation MENA 2022Aviation Africa 2021 BTOC