Angola is a leading trading partner in sub-Saharan Africa and has several agreements with the US, which have facilitated trade between both nations. A lot of Angola’s success up to recently is owed to US investment in the Angolan oil and energy sectors.
This African country is ranked as one of the hardest to do business in, as such, understandably, investment in its markets would have to be a well thought and pondered decision, taking into account the level of government intervention and potential corruption issues.
However, in spite of the difficult time Angola is going through as a result of the crude declining prices, significant business opportunities may lay ahead in “one of the fastest growing markets in Africa”.
In this report, we will analyze from an US invertors’ standpoint the basic legal issues and mechanics of investing in Angola as well as several reasons to consider investing in the Angolan power (hydroelectric), construction (railways, roads and housing) and agricultural sector (coffee production), just to mention some of the sectors where there is potential for investment in this Portuguese speaking country.