ANGOLA ranks among the countries with the highest growth potential in Africa. It produces 800,000 barrels of oil daily and has estimated reserves of 10 billion barrels. It also has diamonds, 3 million hectares of arable land, many valuable minerals, and one of Africa's largest water reserves, which gives it massive potential for producing electric energy and fishing. The Angolan government continues to strengthen its commitment to foreign investors by abolishing state monopolies, privatizing state-owned companies and speeding up foreign investment procedures.
- Angola is being increasingly seen as one of the most resource rich countries in all of Africa
- Angola's GDP is the 2nd largest in the Southern African region.
- Angola is one of the world's biggest, yet least developed mineral treasure troves.
- Angola is a natural transportation center for the region of Southern and central Africa.
- The Angolan Government has made the promotion of trade and investment a priority and have dramatically reduced barriers for foreigners.
- Foreign companies recently invested over $8 million in Angola with plans to invest billions more.
- The Government of Angola has undertaken reform measures to stabilize its economy and lay the foundation to make the country more investor friendly.
- Economic rehabilitation and recovery is now in the nascent stages.
- Emerging opportunities as the country moves from Aid to Trade.
- Angola has solid plans for the modernization of its infrastructure including its communications and transportation systems.
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