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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.

The drastic reduction in the time it takes to grant this type of visa was decided at a meeting on Wednesday (5 June) in Luanda between the Chairman of the Board of Directors of the Angolan Private Investment and Export Promotion Agency (AIPEX), Arlindo das Chagas Rangel, and the Director General of the Migration and Foreigners Service, João António da Costa Dias.

As a result of the understanding reached, the times for granting work visas and residence permits, requested under the private investment programme, will also be reduced to the same periods.

Until Wednesday’s agreement, both the investor’s visa and the other essential authorisations were not granted in periods of less than 30 days.

With this understanding, AIPEX and the SME have taken a giant step forward, putting Angola on the same level as the countries most attractive to foreign investors.

This initiative is inseparable from the process of debureaucratisation and simplification underway in Angola, which the Executive is carrying out with the aim of opening Angola up to the world. This process places special emphasis on the issue of migration. Last year, Angola exempted tourist visas for citizens of more than 90 countries from all continents.

For AIPEX, the drastic reduction in the time it takes to grant entry, work and residence permits is a giant step towards attracting foreign investors and stimulating economic growth, job creation and the diversification of the national economy. It is a direct response to the demands of the global market for faster and less bureaucratic processes.

On 28 May, the mission included a visit to the Sines Industrial and Logistics Complex. The members of AIPEX and AICEP had the opportunity to learn about aicep Global Parques’ contribution to attracting investments and projects underway in the Sines Industrial and Logistics Zone (ZILS) and the Port of Sines. The visit included meetings with leaders from aicep Global Parques, ZILS and the Port of Sines Administration.

AIPEX plays a key role in attracting investment and organising large and medium-sized events in Angola, including business forums and business missions. AICEP, with its vast experience, organises several events and missions every year, both in the European context and in other regions.

It is hoped that, together, AIPEX and AICEP will create a synergy that will maximise the results of efforts to internationalise and attract investment. AIPEX offers detailed and specialised knowledge of the Angolan business environment, while AICEP provides the experience and resources needed to promote Angola on global platforms. This collaboration will allow for a more comprehensive and effective approach to investment promotion, benefiting Angola’s economic development and strengthening trade relations with other countries.

The ‘Best international practices for the preparation and organisation of business missions’ initiative aims to raise the quality and economic impact of the business events organised by AIPEX, bringing them into line with international planning and execution standards. This Strategic Action included:

Experience exchange workshop in Luanda on 15 and 16 April 2024
Online training for 20 AIPEX technicians and managers by the AICEP Academy
Drawing up a comparative study of the two organisations’ approaches to business missions
Creation of a good practice guide to strengthen AIPEX’s capacities

AIPEX’s visit to the Sines Industrial and Logistics Zone and the signing of the partnership declaration between AIPEX and AICEP rounded off the mission, highlighting the agencies’ commitment to promoting sustainable economic development and international cooperation.

As part of AIPEX’s mission to Portugal, a ceremony was held to sign a Declaration of Partnership between AIPEX and AICEP. The event was attended by the Presidents of AIPEX and AICEP, confirming their strong commitment to co-operation between the two institutions.

The Chairman of AIPEX’s Board of Directors, Arlindo das Chagas Rangel, emphasised that there was “total willingness for this partnership to become a solid foundation for a new and exemplary model of cooperation, innovation and success between AIPEX and AICEP”.

The Chairman of AICEP’s Executive Committee, Filipe Santos Costa, concluded that “the strengthening of this partnership signals a strong commitment to co-operation between the two institutions, and also indicates a strengthening of the competences of the two agencies with the aim of stimulating growth in both countries”.

Throughout the day, meetings were held between the partners, the conclusions of the study on export promotion and attracting investment in Portugal and Angola were presented and round tables on best practices in the agri-food and infrastructure sectors were organised.

These events took place as part of the “Best international practices for preparing and organising business missions” action promoted by the EU-Angola Dialogue Facility, which aims to promote a valuable exchange of knowledge and experience between the two organisations.

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

Abu Dhabi Ports Group, in collaboration with Unicargas, has embarked on a transformative venture to revitalise and operate the Port of Luanda, an initiative that aims to strengthen Angola as a key maritime centre in Africa. This partnership promises to modernise the port’s infrastructure and significantly improve its cargo handling capacities, with an expected growth rate of 3.3% per year over the next decade.

Substantial investment commitment

ADP’s commitment involves an investment of 410 million dollars with the aim of strengthening Angola’s economic outlook, increasing employment opportunities and expanding the port’s capacity to handle increased trade flows and connectivity.

Economic and regional impact

The improved port will act as a vital node for trade throughout Central and West Africa, providing unprecedented access to international markets and boosting economic activities in Angola and beyond. The initiative is expected to have a profound impact on the economic vitality of Angola and neighbouring countries.

Strategic importance

The strategic improvements to the Port of Luanda will make it one of the most capable and versatile ports in the region, ready to handle the future demands of maritime trade and logistics.

Quotes from the leadership

His Excellency the Minister of Transport, Ricardo Viegas D’Abreu, said that the Port of Luanda “is a vital centre for regional trade and for the economic vitality of the country and its neighbours”. He reaffirmed that this agreement will “stimulate the economic growth of the entire central and western region of the African continent”.

“The multifunctional terminal will be upgraded to attract the operations of the world’s leading shipping companies”, said Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports Group. He also emphasised that the aim is “to offer the highest levels of efficiency and quality of service, for the benefit of our two nations and all other stakeholders, in particular customers”.

Looking to the future

The collaboration between ADP and Unicargas reflects a shared commitment to promoting Angola’s commercial infrastructure and economic potential, setting a benchmark for future developments in the region.

Read more.

Citizens of CPLP – Community of Portuguese Language Countries and G20 (group consisting of the world’s 19 largest economies plus the European Union) are now exempt from paying business or tourism visas for trips until 30 days to Angola, according to the Minister of State for Economic Coordination, José de Lima Massano.

CPLP consists of nine member states: Angola, Brazil, Cape Verde, Equatorial Guinea, Guinea-Bissau, Mozambique, Portugal, São Tomé and Príncipe, Timor-Leste.
The G20 is composed of 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Republic of Korea, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States of America) and the European Union.

This measure is part of a legislative package aimed at stimulating and revitalizing the economy. José de Lima Massano also announced measures to support exports, such as the Single Support Window for Exporters, and land access with the Single Window for Land Rights Concession, which will facilitate land access and registration. According to the minister, “there are various entities involved in the export process, not always with the necessary coordination, which sometimes leads to losing space for placing products in the domestic market, hindering the path to diversify the economy and generate foreign exchange”. Regarding commercial activities, prior authorization will no longer be required for activities that do not require a commercial license, just communication to the municipal authority. José de Lima Massano stressed that the government wants these measures to take effect as soon as possible, without specifying deadlines but setting the end of 2023 as a limit.

September 15, 2023