Technology / Economy / Africa
Angola touts trade and investment opportunities
12 Sep 2019 - by
There are numerous opportunities for trade and investment in Angola which go beyond mining, oil and gas.
“Angola is undergoing reforms to diversify its economy, and while there are a wealth of major business opportunities in oil and gas and mining – particularly diamond mining and beneficiation – there is strong growth in the non-oil sectors such as agriculture, construction and tourism,” said the Minister of Commerce in Angola, Dr Joffre Van-Dunem Junior.
He was addressing about 200 businesspeople at the Trade and Investment Seminar, hosted by the Department of Trade and Industry in Luanda as part of a week-long Outward Trade and Investment Mission to Angola which began on Monday.
“Angola recognises South Africa as a trade and investment partner, but we have dig deeper to expand our co-operation in order to ensure that the relationship with our business partners translates into a productive partnership that will enable the participation of small, medium and micro-sized enterprises and the transfer of specialised skills and technology,” said Van-Dunem Junior.
He said his government was committed to reforms which would enhance the competitiveness of the business environment.