Angola – Market Opportunity Overview

Angola, located on the west-central coast of Southern Africa, is the second-largest Portuguese-speaking country on the continent. It boasts a long coastline, a central plateau, and borders Namibia, Botswana, Zambia, and the Democratic Republic of Congo. Politically, Angola has been stable since the end of its civil war in 2002, with the ruling MPLA party maintaining power, though opposition parties like UNITA are gaining influence. Economically, Angola is Sub-Saharan Africa's third-largest economy and a major oil producer, with efforts underway to diversify its economy.

For UK businesses, Angola presents attractive opportunities due to its growing middle class, abundant natural resources, and government incentives aimed at attracting foreign investment. The country's focus on economic diversification and improving the business environment makes it an appealing market for UK companies looking to expand their global footprint.

This webinar, featuring speakers from the Department for Business and Trade based in Angola, alongside the Angolan Investment Board (AIPEX), will provide insights on the current business climate, policy frameworks, and opportunities for trade and investment in Angola.

Specifically, this Market Opportunity Overview will focus on opportunities for UK organisations in the Agribusiness, Infrastructure and Education sectors. These sectors present substantial growth potential and avenues for impactful collaboration. In Agribusiness, Angola offers opportunities in enhancing agricultural productivity and supply chains, access to modern farming equipment, improved irrigation systems, and advanced agricultural technologies such as precision farming tools and mobile applications for plantation management. In infrastructure, there is an appetite to develop reliable transport networks, modernise ports and airports, and expand energy and water supply systems to support urban and industrial growth. The education sector is also ripe for partnerships, with potential investments in educational institutions and vocational training programmes, as well as enhancing the quality of teaching and integrating technology into classrooms to support modern learning methods.

The event will also feature a detailed discussion on the Angolan Free Trade Zone project, currently under construction. This project is set to create a business-friendly environment with incentives for foreign investors, aimed at boosting trade and industrial activities in Angola.