Author Archives: Edvaldo Afonso

With a total value of USD 354,638,942.00 (three hundred and fifty-four million, six hundred and thirty-eight thousand, nine hundred and forty-two dollars), the sum of all the projects in the agri-food, hospital, manufacturing and aluminium industry, solar energy and furniture fields, with various international and national partners.

In this regard, AIPEX emphasises Angola’s commitment to strengthening its economy through the development of the industrial and energy sectors in particular. These contracts, valued at more than 354 million dollars, will create more than 1,200 new jobs when they come to fruition, reinforcing AIPEX’s role in supporting investors at all stages of this process and thus contributing to the country’s economic growth.

Among the contracts is the construction of an aluminium industrial park with the Chinese company Huatong, the first phase of which is budgeted at 250 million dollars. The park, located in Bengo province, will focus on transforming aluminium into products such as ingots, alloys, electric poles, rods and plates.

The implementation of this project will not only strengthen Angola’s industrial base, but will also generate more than 800 direct jobs, making a significant contribution to the local economy and to family conditions.

The Quilemba Solar project, which will be signed next Monday, is the result of collaboration between Franco-Angolan partners, with an investment of 36.8 million dollars and will be set up in Huíla province to produce solar electricity, establishing a sustainable source of energy and creating 50 new direct jobs. And the Safcomex project, with an investment of 25 million dollars in Bengo, aims to produce cooking oil, bran and soya, creating 140 jobs. The Hospital Serum factory, located in Luanda, has an investment of 15 million dollars and will create 503 jobs

The Ponto Mais project is focused on furniture production, with an investment of 10.3 million dollars in Luanda, and is expected to create 77 jobs. The Baía Fish project, with an investment of 17.5 million dollars in Benguela, will focus on catching and processing fish, adding 165 new jobs to the local economy.

AIPEX’s mission is to promote and attract private investment from home and abroad, with the aim of contributing to the country’s socio-economic development, as well as promoting the increase and diversification of exports of the country’s products and services.

Agency for Private Investment and Export Promotion (AIPEX), in Luanda, on 17th May 2024

On the sidelines of the official visit of His Excellency João Lourenço, President of Angola to the People’s Republic of China, the Angola-China Economic Forum was held, an event that brought together business leaders, politicians and investors for economic collaborations and investment opportunities between the two continents.

During its participation, AIPEX highlighted the vast investment opportunities available in Angola and the Angolan Government’s ongoing commitment to promoting a favourable business environment for foreign investors. Key investment sectors in Angola were highlighted, including food security, highlighting priority projects and the incentives offered to investors.

AIPEX also held bilateral meetings with Chinese investors and companies interested in exploring investment opportunities in Angola. These meetings were an opportunity for AIPEX to present detailed information on specific projects, investment regulations, tax incentives and other aspects relevant to investing in Angola.

AIPEX’s participation in the forum reaffirms the agency’s commitment to promoting private investment and boosting sustainable economic growth in Angola. AIPEX remains committed to facilitating and supporting strategic investments that contribute to the country’s socio-economic development and strengthen economic relations between Angola and its international partners.

Agency for Private Investment and Export Promotion (AIPEX), in Luanda, on 16 March 2024

Among the contracts signed this Wednesday in Luanda was the project for the management, maintenance and commercial operation of the Multipurpose Container and General Cargo Terminal at the Port of Lobito, with French investment totalling 188.311 billion dollars. This project is expected to generate 731 jobs, 95 per cent of which will be for nationals.

Among the contracts signed this Wednesday in Luanda was the project for the management, maintenance and commercial operation of the Multipurpose Container and General Cargo Terminal at the Port of Lobito, with French investment totalling 188.311 billion dollars. This project is expected to generate 731 jobs, 95 per cent of which will be for nationals.

The Esplendor Florestal project in the agricultural sector, also a foreign capital investment, is aimed at planting, exploiting and transforming logs into wood, and is the result of an investment of USD 47 million 182 thousand, and will be implemented in the provinces of Benguela and Huambo, which after its implementation will generate 200 new direct jobs for nationals.

The project by the Casais Angola Engenharia e Construção, S.A. group (Portugal), which will invest USD 45,349,166 between the cities of Luanda and Lobito, will create 1,600 jobs, of which 1,440 will be for nationals.

The fourth project, Koll Mob Angola – Fábrica de Mobília, is in the industrial sector, will be set up in Luanda, and is valued at 30 million dollars, to create 510 new jobs, 500 of which will be for nationals.

The fifth project, called Fuanda Internacional, is in the silicon production sector and will be set up in Bengo province, with an investment of 20 million dollars, of Chinese origin, and is expected to create more than 449 new jobs for Angolans.

Agency for Private Investment and Export Promotion (AIPEX), in Luanda, on 10 July 2024.

The launch of the Sustainable Investment Map, a partnership between AIPEX, the Ministry of Planning and the UNDP, took place on 3 July.

This important document identifies strategic areas in Angola that offer the best business opportunities in line with the Sustainable Development Goals (SDGs). The sectors covered include agriculture, fisheries, poultry, renewable energies, infrastructure, the financial sector, education and tourism, covering the entire national territory.

AIPEX’s PCA, Arlindo das Chagas Rangel, emphasised that the Sustainable Investment Map will allow investors to identify where and how investments can be more effective, helping to align investment opportunities with environmental and social impacts.

Sustainable investment is emerging not just as a trend, but as an imperative to ensure the future of the planet and the next generations.

Download the map at the link: https://lnkd.in/gb8JQvrY.

On the sidelines of the US – Africa Business Summit, held by the Corporate Council for Africa in Dallas, Texas, Angola and the United States celebrated a historic partnership.

With the signing of financing agreements worth more than 1.3 billion dollars with EXIM Bank, with the aim of building 186 prefabricated bridges for the development of the Lobito Corridor, two solar power stations with installed capacities of more than 500 megawatts and the project to extend the FM radio service to 95 per cent of the Angolan population.

The Lobito Corridor alone is expected to contribute more than 1.5 billion dollars a year to Angola´s GDP, and the country can significantly improve regional energy security by exporting its energy production surpluses, which will further increase GDP, through its connection to the soon-to-be-connected Southern African Power Pool.

Agency for Private Investment and Export Promotion (AIPEX), in Luanda on 11 May 2024