Country Overview
Angola, located on the southwestern coast of Africa, is the continent's second-largest oil producer. Its economy is heavily dependent on oil revenues, though diversification efforts are underway.
The country offers opportunities in agriculture, fisheries, mining (diamonds), and infrastructure development as it seeks to reduce oil dependency and promote broader economic growth.
Key Facts
Capital City
Luanda
Population
35 Million (2023 est.)
Currency
Angolan Kwanza (AOA)
Official Language
Portuguese
Location & Geography
Angola is strategically located, offering unique geographical advantages.
- Southwestern African nation
- Atlantic coastline
- Significant oil and diamond reserves
Economic Indicators
GDP (2023 est.)
$122B
GDP Per Capita (2023 est.)
$3,485
FDI Inflow (2023)
-$3.8B
Inflation Rate (2023 avg)
20.0%
Sector Analysis
Oil and Gas
Dominant sector, key to export earnings.
Key Investment Areas:
- Offshore exploration
- Local content development
- Refining
Mining & Natural Resources
One of the world's largest diamond producers.
Key Investment Areas:
- Exploration
- Cutting and polishing
- Value addition
Agriculture
Vast arable land with potential for food production and export crops.
Key Investment Areas:
- Commercial farming
- Irrigation
- Agro-processing
Sector Growth Comparison
Fastest Growing Sectors
Why Invest in Angola?
Significant oil and mineral wealth
Post-conflict recovery and growth potential
Government focus on economic diversification
Untapped agricultural and fisheries resources
Featured Investment Projects in Angola
Infrastructure & ConstructionLobito Corridor Development
Rehabilitation and expansion of a key transport corridor linking Angola, DRC, and Zambia.
Investment Required
$Multi-Billion
Expected ROI
N/A
EnergyLuanda Refinery Project
Construction of a new oil refinery to reduce import dependency on refined products.
Investment Required
$Various phases
Expected ROI
N/A
Business Climate & Incentives
Investment Climate
Angola is working to improve its investment climate through reforms aimed at increasing transparency and attracting FDI into non-oil sectors.
AIPEX Support
The Private Investment and Export Promotion Agency (AIPEX) facilitates investment.
Investment Incentives
Tax Incentives
Available for investments in priority sectors and less developed regions.
Investment Process Timeline
AIPEX Registration
Register investment projects with AIPEX.
Timeframe: 4-6 weeks
Ready to Invest in Angola?
Our team can provide you with detailed information, connect you with local partners, and guide you through the investment process.