Government Strategies

A favorable investment climate for foreign investors

Angola’s growth is set to accelerate in the next few years with ambitious investment programs. The initiatives are designed to create a more promising investment environment for foreign investors, whilst promoting economic growth and development.

Priorities of the main strategies

Human capital development

Investment in education and healthcare and social protection

Infrastructure development

Emphasizing mobility, roads, railways, housing, energy, water and sanitation

Economy diversification

Development of priority sectors such as agriculture, manufacturing, tourism, and infrastructure

Environmental protection

Focus on reducing carbon emissions, protecting natural resources, and promoting renewable energy

Equality and justice

Ensuring equal access to opportunities and erradicate discrimination

Main Strategies

Estratégia de Desenvolvimento de Longo Prazo Angola 2050

The Long-Term Development Strategy Angola 2050 addresses the country’s economic, social, and environmental development until 2050, with the goal of achieving sustainable and inclusive growth.
Includes a range of initiatives and policies designed to promote economic diversification, improve social well-being, and protect the environment, which can help reduce investment risk and increase return.

Plano Nacional de Desenvolvimento

(PDN 2023-2027)

One of the main medium-term management documents of the government of Angola, the National Development Plan targets a 3,5% economic growth per year during the period, driven by economic diversification, reducing poverty and inequality, and improving living standards.

Other strategies

PRODESI - Programa de Apoio à Produção, Diversificação das Exportações e Substituição das Importações

To support the development of priority sectors such as agriculture, fisheries, industry, and services, PRODESI provides incentives and support measures that include tax incentives, customs duty exemptions, access to credit, technical assistance, training. The Production Support, Export Diversification and Import Substitution Program – a triple partnership between the State, entrepreneurs and university centers of scientific research – also includes a priority investment list that identifies projects in key sectors that are eligible for preferential treatment and support.

Planagrão - Plano Nacional de Fomento da Produção de Grãos (2023-2027)

The National Plan for the Promotion of Grain Production, a development plan for wheat, rice, soybeans and corn, expects to produce 6 million tons of these cereals per year from 2027 (Angola produces about 3.14 million tons of grains/year). The Planagrão, which initially focuses on Cuando Cubango, Moxico, Lunda-Norte and Lunda-Sul, will cover 2 million hectares for these four provinces (increasing the area of action as it is extended to other provinces).

Planapecuária – Plano Nacional de Fomento e de Desenvolvimento da Pecuária (2023-2025)

With a financial package of 300 million dollars over three years, Planapecuária (National Livestock Promotion and Development Plan) aims to ensure the food and nutritional self-sufficiency of the populations. Among the objectives are the increase in the income of livestock producers and other players in the meat production value chain, as well as increasing the contribution of national livestock production to meet the needs of internal consumption, exports and Angola’s Gross Domestic Product (GDP).

Planapescas - Plano Nacional de Fomento das Pescas (2023-2027)

The National Plan for the Promotion of Fisheries aims to encourage the sustainable management of living aquatic resources and the diversification of public revenue sources, promoting competitiveness and employment in the sector. The strategy also foresees an increase in fishing, aquaculture and salt production and productivity, as well as promoting the social responsibility of companies in the protection of fishing communities.

Estudos da Cadeia de Valor

The Angolan government has conducted several Value Chain Studies (Estudos da Cadeia de Valor), focusing on key sectors such as agriculture, mining, manufacturing, among others. These comprehensive analyses of production, distribution, and consumption of a specific product or service identify opportunities of investment.
With assessments of the quality, availability, and cost of inputs; production processes and technologies; marketing and distribution channels; and consumer preferences and trends, the studies provide important insights into the strengths and weaknesses, help to identify opportunities and guide investment. Of which are examples the “Study of the Fisheries Sector Value Chain in Angola” or the “Study of the Value Chain of the Textile, Clothing and Footwear Sector in Angola”.

PROPRIV - Programa de Privatizações (2023-2026)

The Privatisation Program aims to privatise state-owned enterprises in a range of sectors, including telecommunications, banking, agriculture, energy.

The government plans to sell shares in these companies through public tenders, auctions, and other mechanisms, creating opportunities for private investors to acquire stakes in profitable state-owned enterprises.

Plano de Acção para a Promoção da Empregabilidade (PAPE)

The Action Plan for Promoting Employability is aligned with government initiatives such as PRODESI (through an industrial development model that allows absorbing the workforce trained under PAPE) or the Informal Economy Reconversion Program (PREI). And it is part of the national strategy to reduce levels of informality. Between 2020 and early 2022 PAPE generated more than 46.000 jobs.

Projectos de Desenvolvimento Integrado

Integrated Development Projects (IDPs) are large-scale projects that aim to promote economic growth and social development in specific regions of Angola. Focused on priority sectors such as agriculture, energy, tourism, and infrastructure, these projects are designed to attract private investment and create opportunities for economic diversification and job creation.
IDPs offer investors an opportunity to participate in large-scale projects aligned with the government’s development objectives, whilst providing a range of incentives and support measures, including tax breaks, customs duty exemptions, access to credit, technical assistance, training. The government also provides infrastructure and other support services to facilitate investment in these regions.

Parcerias Público-Privadas (PPPs)

Angola has implemented several Public-Private Partnerships – over 40 – to encourage foreign investment in key sectors such as infrastructure, healthcare, and education. These partnerships provide a framework for collaboration between the public and private sectors, with the government providing incentives and support to investors.
Among the most emblematic projects are the surface metro in Luanda, the new bridge over the river Kwanza or a solid waste recovery unit focused on recycling, in a diverse range of road and rail projects, in the water and energy sector, and tourism development poles.

Programa de Investimentos Públicos (PIP)

Public Investment Program’s objective is to materialise public investment actions, fulfilling the key needs of citizens by focusing on projects that help to improve their well-being.
With more than 2.000 registered projects, the program prioritises the construction and rehabilitation of roads, the distribution of water and Angola’s electrification.

PDAC - Projecto de Desenvolvimento da Agricultura Comercial

With the implementation of the Commercial Agriculture Development Project, Angola aims to attract foreign investment in the agricultural sector. The program offers incentives to investors in areas such as irrigation infrastructure, agro-processing, and value chain development.
PDAC supports four interrelated components:

Promotion and support for the development of agribusiness
Production and commercialisation infrastructure
Institutional strengthening and improvement of the business environment
Management, monitoring and evaluation of projects.
Are considered a priority the following value chains:
Agriculture: corn, beans, soybeans, coffee, cassava, sweet potatoes, reindeer potatoes.
Livestock: eggs and chickens.

Programa de Reconversão da Economia Informal (PREI)

PREI is the Program for the Reconversion of the Informal Economy designed by the Government of the Republic of Angola, under the National Development Plan (NDP) 2018-2022, to promote the transition from informal to formal economy in the country.

Orçamento Geral do Estado 2023

The General State Budget of Angola for 2023 establishes financial guidelines with a focus on economic recovery and fiscal stability. It prioritises investments in key sectors, such as infrastructure, health, and education; and aims to boost the development of the private sector, promoting a favorable business environment. With measures to contain expenses and increase efficiency, the budget seeks to stimulate sustainable economic growth and improve the quality of life of citizens.