Oil, yes, but that’s not all: from the agri-food industry to construction to pharmaceuticals, Angola is booming with opportunity. Having gained independence in 1975, the country is today one of Sub-Saharan Africa’s rising stars, and the opportunities offered by the Angolan economy and society is the topic of the third “Webinar” set up within the context of the “Internationalisation a click away”, created by the foreign ministry and Unioncamere Emilia-Romagna to foster understanding of foreign markets. The Webinar on Angola will take place at 10:00 on 18 November.
Luanda aiming to diversify its economy
After those on South Korea and South Africa, Italian entrepreneurs will literally be able to connect, via web, with potential Angolan interlocutors to find out how to more effectively approach that country’s market. Angola is Italy’s third trade partner in Sub-Saharan Africa, following South Africa and Nigeria, thanks for the most part to oil. But with a strong growth rate holding at around 5% despite the global economic crisis, Angola is positioning itself to diversify its productive range, which is what makes it a valid reason to increase the presence of Italian firms in that country.
Large-scale infrastructure opportunities
Indeed, the Luanda government has long been engaged in massive infrastructure development (seaports, roads, railways, hydro-electric power plants) and urban construction involving a heavy demand for building materials and utility plants. What’s more, our two countries have dynamic bilateral relations: for example, Angola was the 44th country, in chronological order, to confirm its participation in the 2015 Milan EXPO, where it will have an exposition space of approximately 2,000 square metres.
Moreover, a business forum is being prepared for 2014 in Turin that, precisely like Monday’s Webinar, will be of use to those in Italy wishing to have detailed information on investment opportunities, problems and the legal framework for operating on the Angolan market.
The Webinar will connect Luanda directly with qualified sector representatives. For more information register at the website http://www.infomercatiesteri.it/webinar_register.php?id_webinar=9. It is also possible to submit queries via e-mail.
