Sectors of investment
Oil and Diamonds

The major product and source of foreign currency earnings. A modern industry, using up-to-date technology, offering a high degree of profitability. Angola is a source of top quality gemstones, and the Lundas region is one of the most important diamond-producing areas in the world. It is estimated that Angolan alluvial reserves total between 40 and 130 million carats in addition to the untapped diamond reserves in volcanic pipes called Kimberlite. Angolan 6 known Kimberlite pipes ranks among the 10 largest on earth and holds an estimated 180 million carats. Angola announced changes to its production program, which outlines its goals to produce more than 2 million carats of diamonds annually.

   

 

         
Agriculture

Thanks to its extensive river system and varied environment, Angola has enormous potential for the production of tropical and subtropical crops. Main products: bananas, sugarcane, coffee, sisal, corn, cotton, manioc (tapioca), tobacco, vegetables, plantains; livestock; forest products are. The UN estimates that the country has from 5 to 8 million hectares of prime agricultural land as well as areas suitable for grazing. The country climatic zones enable farmers to grow a wide crop which include cassava, yams, maize, bananas, beans, cotton, palm oil, potatoes, sun flowers, citrus and numerous vegetables. Since 1994 Angola is improving its output and is making a recovery and the coffee production is projected to reach 120,000 tons soon. Angola has submitted a plan to the International Coffee Organisation to overhaul to sector. The Govt. has decided to liquidate all 33 state owned coffee companies and invite International investors to bid under its privatization policy.

               
Fishing

With an extensive coastline, rich in shellfish and a variety of highly-prized fish species, Angola's fishing industry is in the process of being re-established and offers great potential. Angola has 1650 Kms. long coastline which offers some of the richest fishing grounds in Africa. The annual catch once averaged 30,000 tons a year. Angola has set up the Angolan Support Fund for Fisheries development to support the development of the industry with the help of the World Bank. The US Trade and Development agency has commissioned a feasibility study on the potentially lucrative fisheries sector.

               
Manufacturing

The manufacturing sector of Angola employed 200,000 people and produced $650 million worth of goods before independence. Angola previously produced sugar, wheat flour, cooking oil, textiles, soaps, paint, plastic and glues. Heavy Industry cement and steel tube production account for about 15% of the countryÒs manufacturing output. With an infusion of capital, technology and training, food processing and light industry will recover quickly.

               
Hotel and Tourist Industry

Hundreds of hotels to be restored or constructed. Beach, River and mountain Tourism offering all types of fishing: hunting reserves and natural parks. Angola is a country with rich touristic resources with places of interest like Luanda, Benguela and Huila. Natural Parks with rare animal species like the Big black antelope, Zebra, large herds of elephants are seen. In the rivers and lagoons hippotamuus and crocodiles are prominent. White rhinocerous are also found. Places of tourist attraction include : The famous creek of Tundavala, Mountain range of Leba in the province of Huila, The Falls of Calendula, Rocks of Pungo a Dongo, Miradouro de Lua. Angola possess a maritime coast of 1650 Kms. full of beaches with excellent natural condition not only for bathing and swimming but also for water sports. Angola has its own Bantu culture based in African history and tradition. The influence of Latin culture mainly in the music, dance and food is seen.

           

Economic situation

Sectors of investment

Agencies of Investment

Banks

Companies

Hotels