Ver Angola


Angola among the five most attractive African destinations for investment this year

The Nigerian magazine Business Day placed Angola among the top five investment destinations in Africa this year. In addition to Angola, the list of promising destinations includes four other African countries, namely Senegal, Ivory Coast, Namibia and South Africa.

:  Angola Image Bank
Angola Image Bank  

In the article, published this week, the magazine highlights some aspects of Angola, including its "energy portfolio", as well as the country's efforts to transform itself into a supplier in the region, describing it as "a highly strategic investment destination" this year.

Business Day also talks about some examples that contribute to reaffirming Angola's long-term development strategy and investment potential.

These are the efforts to boost the production of hydrocarbons through projects such as Begonia (TotalEnergies), Angola LNG and the Agogo Oil Field, being further highlighted the growth of refining capacity with the construction of three new infrastructures.

Angola's investment in the field of renewable energy is also highlighted, with the country showing that it is prepared with regard to capitalizing on resources yet to be explored, and is extending the invitation to promoters and others to invest in this industry.

The magazine also sees the privatization program as a "crucial initiative" that will help stimulate private and foreign investment in the country's economy.


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