INVESTMENTS
 

ANGOLA, THE COUNTRY OF THE FUTURE
Since peace, April 4th, 2002, the performance of Angola's economy at the macroeconomic level has improved, resulting in a more stable economy. The improvement has been praised by the International Monetary Fund.

This stability has been achieved by a strategy of macroeconomic adjustment, mostly through inflation reduction and exchange rate stabilization. Macroeconomic stability continues to be one of the most important objectives of Angola's government.

The implementation of these measures benefited from the high international oil prices, which have generated an important increase in foreign currency inflow into Angola, with consequent improvements in the natural accounts and balance of payments accounts

The Angolan government is focusing on public investment namely in basic infrastructure, to enhance the economic conditions for the development of the non-oil sector. The main objective of this investment programme is to reduce the strong dependence of the Angolan economy on oil, decrease its vulnerability to an eventual oil price reduction, and simultaneously support the recovery of other sectors of the economy. The investment plan has two main objectives:
  • Build infrastructure to support the normal development of economies activities.
  • Direct investment promotion in key sectors such as agriculture, fishing and animal husbandry, farming and industry.

SOME REASONS TO INVEST IN ANGOLA
Potentially one of Africa's richest countries, Angola offers great opportunities for investment in various sectors. Angola is blessed with large naturally rich agricultural regions in the Luanda, Bengo, Benguela, Huila, Cabinda and Kwanza Sul areas. Also in place is a young and dynamic emerging entrepreneurial sector that owns underdeveloped property and resources, eager for partner-ships that will give them acess to additional capital, new technology and know-how. Likewise, significant public sector interests exist in banking, transportation, energy and water, which are in the process of privatization.

EXAMPLES

  • Petroleum – Greater production and greater source of foreign currency. Recent industry using advanced technology achieving high levels of profitability.
  • Diamonds – Large reserves and high production, and a source of foreign currency. New technology is playing a role in this sector.   
  • Forests – Rich forests of tropical wood.
  • Cattle-raising – Significant natural resources.
  • Fishing – Angola has a long coast rich in crustaceans and valuable varieties of fish. It has a dynamic industry with developing infrastructure.
  • Building construction/public works – An entire country to rebuild and de-mine.
  • Agriculture – Thanks to a good hydrographic distribution and a varied ecology, Angola has a large potential or production of tropical and subtropical crops.