Investment framework and opportunities in Angola

Procedures Relative to Foreign Investment

Freedom of Establishment: Yes
Acquisition of Holdings: Possible. The Angolan government must be the major or main shareholder in infrastructure projects related to telecommunications systems and postal services. Some areas are closed to FDI, for example: military aircrafts and security equipment, the activities of the Central Bank, the national currency, ports and airports.
Obligation to Declare: A special investment regime applies to the oil, diamond and financial sectors.
Competent Organisation For the Declaration: National Private Investment Agency of Angola
Requests For Specific Authorisations: For projects with an investment value exceeding US$ 10m, an investment contract with the Angolan government is necessary and must be authorized by the Council of Ministers and finally approved by the president. Some areas are closed to FDI, for example: military aircrafts and security equipment, the activities of the Central Bank, the national currency, ports and airports.

Investment Aid Agency: AIPEX – Agency for Private Investment and Promotion of Exports of Angola
Tenders, Projects and Public Procurement: Africa Gateway
DgMarket, Tenders Worldwide
Other Useful Resources: Report on Angola (African Law & Business)

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