ACCESS ANGOLA

COUNTRY PROFILE

LUANDA
  • 1,246,700 Km
    LAND
  • 29,3 MILLION
    POPULATION

INTRODUCTION

The United States has in place a Strategic Partnership Agreement with Angola. The two nations have a long history of commerce and investment across different sectors, from oil and gas, to power, transportation, medical equipment, industrial equipment, among others. According to the United States Census Bureau, in 2017, the bilateral commerce between Angola to the U.S. amounted to 3.4 billion dollars, from which, exports from U.S. to Angola totaled 810 million dollars.  The U.S. exports to Angola included railway equipment, poultry, machinery, electric equipment and airplanes.

There are substantial economic reforms under way, which should significantly improve the business environment and unlock the full potential of this resource rich and politically stable country, geographically well position to be the import/export hub of Southern Africa to Europe and America.

There will be plenty of opportunities for trade and investment for American companies, as there will be more projects with open tenders, more business investment opportunities, and American companies are known for their technology and innovation, cost-effective structure, proven technical expertise, high legal and ethical standards of compliance, which gives them the competitive advantage to succeed in Angola.

Announced in December 2018, Prosper Africa, is a new Africa policy, which seeks to significantly increase two-way trade and investment between the United States and Africa by identifying business opportunities, secure financing, mitigate risk, provide technical assistant and remove policy barriers.

We are working to enhance and promote the opportunities for U.S. companies to participate in the Angolan economy.

From Investment Guide

 

 

COUNTRY PROFILE

 

Land 1,246,700 km2
Population 29,3 million
Population growth rate 3%
Population density 20.1/Km 2

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