ABOUT ANGOLA

Angola`s last few years of economic success was marred by the recent economic downturn, compelling the Angolan Government to review its investments and prioritise the redevelopment and rehabilitation of the country’s major sectors. Main social reform involving the education and healthcare sectors is currently underway and about $33 billion has been allocated for social programmes.

Country  Profile:
The total population in Angola was last recorded at 22,5  million people in 2015.
The Gross Domestic Product (GDP) in Angola was worth 131.40 billion US dollars in 2014.

Angola Economic Outlook:
ANGOLAN GROWTH IS EXPECTED TO AVERAGE 5.6% A YEAR IN 2015-2019!
Angola`s economy is the fastest growing economy in Africa and one of the fastest in the world.
In the past years,the country has embarked on an ambitions reconstruction program. Luanda is the capital of Angola and has the charachteristics of a city with a great amount potential for development. Many new buildings are being built in various points of the capital.
Angola imports machinery and electrical equipment, vehicles and spare parts; medicines, food, textiles and military goods. Portugal is the main supplier of the Angolan economy (18% of total imports) followed by China, United States, Brazil and South Africa. The vast majority of Angola's exports, 92% in 2004, are petroleum products.
Angola exports mostly crude oil (more than 90% of total exports) and small quantities of diamonds, coffee, sisal and fish. Angola main exports partners are China (more than 40% of total exports), followed by the United States, India, France, Taiwan, South Africa and Canada.  
The Kwanza (Angolan currency) has recently been gaining strenght increasing an appetite for goods and services within and outside the country . Political and economic stability has opened new and excellent opportunities for investment.

Major Profitable Investment Areas:
 
a) Construction materials
b) Decoration materials
c) Pharmaceutical drugs
d) Medical equipment
e) Healthcare devices
g) Packaged food products
h) Textiles
i) Soaps and detergents
j) Fertilizers