Home World News Emerging Markets Private investment in Angola at about US$1.7 billion in past five years

Private investment in Angola at about US$1.7 billion in past five years

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Angola

The volume of private investment in Angola in the last five years was at about 1.7 billion U.S. dollars, involving 211 projects, according to Lello Francisco, president of the Private Investment and Export Promotion Agency of Angola.

The projects under implementation are mainly linked to the productive sector, with an emphasis on manufacturing, agriculture and commerce, Francisco told “CafeCIPRA,” a program organized by the Press Center of the Presidency of the Republic of Angola and broadcast live Wednesday.

He called for better implementation of the investment projects and a new strategy focusing on attracting more investment in the local production of goods for domestic consumption.

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