Chevron Corporate Responsibility Report 2010

Angola:
Partnerships
and Possibilities
Angola’s South Atlantic coast, a land of rainforests, savannas
and agricultural highlands, is rich in natural resources and
possibility. Our business operations and community partnerships
there offer support to a population trying to improve its
infrastructure and grow its economy.
The Peace Agreement of April 2002
marked the end of a nearly 27-year
civil war that devastated the economy
and increased Angola’s dependence on
the oil industry. As the country recovers,
Chevron has been responding to
community needs. Our investments in
health, education and economic development
in Angola improve livelihoods
and foster stable operating environments
that contribute to our ability to
conduct business.
Partnering for Sustainable
Economic Growth
In 2002, we launched the Angola
Partnership Initiative, with $25 million
and a commitment to address needs
beyond those near the vicinity of our
operations, focusing particularly on
regions most damaged by the war.
Following the Angola Partnership
Initiative model, we are working to
promote robust micro, small and
medium-size businesses outside the
oil industry. For example, we support
the Luanda Business Incubator, a program
to strengthen the operational
and technical capabilities of service
providers. The program has trained
more than 200 entrepreneurs in
business planning and helped create
143 new jobs in 2010.
“To many Angolans, the concept
of entrepreneurship is new and
needs nurturing,” said Eunice de
Carvalho, Policy, Government and
Public Affairs general manager for
Chevron in Angola.
We are also pioneering business
programs for high school students.
Working with the National Institute
for Educational Research and Development
and the United Nations Industrial
Development Organization, our $1 million
contribution in 2010 is helping
launch an entrepreneurship curriculum
for more than 2,000 students in nine
provinces. The Ministry of Education
plans to roll out the curriculum nationwide,
reaching 500,000 students
by 2013.
In 2010, with support from the European
Union, UNESCO and UNICEF,
we partnered with the Ministry of
Education and donated $1.5 million to
implement a teacher training program.
Nearly 400 teachers and administrators
attended.
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