Interesting message received earlier today. Think China with it's 8.5% GDP growth is still the highest in the World? Think again. The politically stable country of Angola, located in the Southwest corner of Africa, has 11% annual GDP growth and currently holds the title of the country with the highest GDP growth on Planet Earth.
This former Portuguese Colony went through an intense Civil War for 27 years- 1975 to 2002. Angola has vast natural resources - mineral and petroleum reserves. This country is the 2nd high oil producer in Africa and the 5th largest diamond producer in the world. The Heritage Foundation estimates Angola is the single largest supplier of oil to China.
Despite having double digit GDP growth since the end of its Civil War, Angola has one of the lowest average life expectancy rates in the world, and one of the highest infant mortality rates.
Angola has about 19 million people. The country adopted in new constitution in 2010, and is trying very hard to improve it's rather poor ranking in human rights and income disparity. The new constitution gave more power to the Presidency. The President comes out of the ruling party, and there are elections coming in September.
As part of effort to improve the quality of life for Angola's citizen's, the government adopted the "Water For All Program" in 2007, and has been seeking solutions to provide quality drinking water for the country's vast rural populations. The "Water For All Program" has been funded with $1 BILLION by the government- yes- that's $1 Billion with a capital "B".
The subject of today's edition is new idea Quest Water Global (QWTR) - Quest was given a mandate from the Angolan government to develop a water purification system that will clean contaminated river and lake water in rural areas where power sources can't be found.
Quest has answered the call and delivered two systems in 2012- one of which is installed and working flawlessly using solar power.
For your consideration: Quest Water Global Inc (OTC BB: QTWR):
