Starting a business in Angola can offer several benefits, including: 1. Natural Resources: Angola is rich in natural resources, particularly oil and diamonds, providing opportunities for businesses in the extractive industries. 2. Market Potential: With a population of over 30 million people, Angola offers a growing market for goods and services, especially in sectors such as construction, telecommunications, and agriculture. 3. Government Incentives: The Angolan government has implemented various incentives to promote investment and entrepreneurship, including tax breaks, subsidies, and simplified business registration procedures. 4. Strategic Location: Angola's location in Southern Africa provides access to regional markets through its membership in the Southern African Development Community (SADC) and the African Continental Free Trade Area (AfCFTA). 5. Infrastructure Development: Despite challenges, Angola has been investing in infrastructure development, including roads, ports, and telecommunications, which can benefit businesses in terms of logistics and connectivity.
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Starting a business in Angola can offer several benefits, including: 1. Natural Resources: Angola is rich in natural resources, particularly oil and diamonds, providing opportunities for businesses in the extractive industries. 2. Market Potential: With a population of over 30 million people, Angola offers a growing market for goods and services, especially in sectors such as construction, telecommunications, and agriculture. 3. Government Incentives: The Angolan government has implemented various incentives to promote investment and entrepreneurship, including tax breaks, subsidies, and simplified business registration procedures. 4. Strategic Location: Angola's location in Southern Africa provides access to regional markets through its membership in the Southern African Development Community (SADC) and the African Continental Free Trade Area (AfCFTA). 5. Infrastructure Development: Despite challenges, Angola has been investing in infrastructure development, including roads, ports, and telecommunications, which can benefit businesses in terms of logistics and connectivity.
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LOBITO CORRIDOR'S ROAD NETWORK IN ANGOLA SET TO RECEIVE €381.5 UPGRADE During the U.S.-Africa Business Summit (Corporate Council on Africa) in Dallas, Texas, a €381.5 million investment was announced to upgrade Angola's road network, focusing on the Lobito Corridor road networks to provide better connection to the mineral-rich areas of #theDRC and #Zambia. The Africa Finance Corporation ("AFC") will contribute €85 million, with the rest mostly funded by the Export-Import Bank of the United States and the U.S. Private Funding Corporation. Additional funding to come from Standard Chartered, Conduril Engenharia S.A., and Acrow Bridge. The works are expected to include the construction and improvement of 186 bridges in Angola. U.S.-based Acrow will handle that portion of the works, a company that has been involved in the construction of bridges in over 150 countries including 130 bridges in Zambia alone. Read More: https://lnkd.in/eEkAyWbD Video Source: Our friends at Africa24
LOBITO CORRIDOR'S ROAD NETWORK IN ANGOLA SET TO RECEIVE €381.5 UPGRADE During the U.S.-Africa Business Summit (Corporate Council on Africa) in Dallas, Texas, a €381.5 million investment was announced to upgrade Angola's road network, focusing on the Lobito Corridor road networks to provide better connection to the mineral-rich areas of #theDRC and #Zambia. The Africa Finance Corporation ("AFC") will contribute €85 million, with the rest mostly funded by the Export-Import Bank of the United States and the U.S. Private Funding Corporation. Additional funding to come from Standard Chartered, Conduril Engenharia S.A., and Acrow Bridge. The works are expected to include the construction and improvement of 186 bridges in Angola. U.S.-based Acrow will handle that portion of the works, a company that has been involved in the construction of bridges in over 150 countries including 130 bridges in Zambia alone. Read More: https://lnkd.in/eEkAyWbD Video Source: Our friends at Africa24
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LOBITO CORRIDOR'S ROAD NETWORK IN ANGOLA SET TO RECEIVE €381.5 MILLION UPGRADE During the U.S.-Africa Business Summit (Corporate Council on Africa) in Dallas, Texas, a €381.5 million investment was announced to upgrade Angola's road network, focusing on the Lobito Corridor road networks to provide better connection to the mineral-rich areas of #theDRC and #Zambia. The Africa Finance Corporation ("AFC") will contribute €85 million, with the rest mostly funded by the Export-Import Bank of the United States and the U.S. Private Funding Corporation. Additional funding to come from Standard Chartered, Conduril Engenharia S.A., and Acrow Bridge. The works are expected to include the construction and improvement of 186 bridges in Angola. U.S.-based Acrow will handle that portion of the works, a company that has been involved in the construction of bridges in over 150 countries including 130 bridges in Zambia alone.
LOBITO CORRIDOR'S ROAD NETWORK IN ANGOLA SET TO RECEIVE €381.5 UPGRADE During the U.S.-Africa Business Summit (Corporate Council on Africa) in Dallas, Texas, a €381.5 million investment was announced to upgrade Angola's road network, focusing on the Lobito Corridor road networks to provide better connection to the mineral-rich areas of #theDRC and #Zambia. The Africa Finance Corporation ("AFC") will contribute €85 million, with the rest mostly funded by the Export-Import Bank of the United States and the U.S. Private Funding Corporation. Additional funding to come from Standard Chartered, Conduril Engenharia S.A., and Acrow Bridge. The works are expected to include the construction and improvement of 186 bridges in Angola. U.S.-based Acrow will handle that portion of the works, a company that has been involved in the construction of bridges in over 150 countries including 130 bridges in Zambia alone. Read More: https://lnkd.in/eEkAyWbD Video Source: Our friends at Africa24
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LOBITO CORRIDOR'S ROAD NETWORK IN ANGOLA SET TO RECEIVE €381.5 MILLION UPGRADE During the U.S.-Africa Business Summit (Corporate Council on Africa) in Dallas, Texas, a €381.5 million investment was announced to upgrade Angola's road network, focusing on the Lobito Corridor road networks to provide better connection to the mineral-rich areas of #theDRC and #Zambia. The Africa Finance Corporation ("AFC") will contribute €85 million, with the rest mostly funded by the Export-Import Bank of the United States and the U.S. Private Funding Corporation. Additional funding to come from Standard Chartered, Conduril Engenharia S.A., and Acrow Bridge. The works are expected to include the construction and improvement of 186 bridges in Angola. U.S.-based Acrow will handle that portion of the works, a company that has been involved in the construction of bridges in over 150 countries including 130 bridges in Zambia alone.
LOBITO CORRIDOR'S ROAD NETWORK IN ANGOLA SET TO RECEIVE €381.5 UPGRADE During the U.S.-Africa Business Summit (Corporate Council on Africa) in Dallas, Texas, a €381.5 million investment was announced to upgrade Angola's road network, focusing on the Lobito Corridor road networks to provide better connection to the mineral-rich areas of #theDRC and #Zambia. The Africa Finance Corporation ("AFC") will contribute €85 million, with the rest mostly funded by the Export-Import Bank of the United States and the U.S. Private Funding Corporation. Additional funding to come from Standard Chartered, Conduril Engenharia S.A., and Acrow Bridge. The works are expected to include the construction and improvement of 186 bridges in Angola. U.S.-based Acrow will handle that portion of the works, a company that has been involved in the construction of bridges in over 150 countries including 130 bridges in Zambia alone. Read More: https://lnkd.in/eEkAyWbD Video Source: Our friends at Africa24
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LOBITO CORRIDOR'S ROAD NETWORK IN ANGOLA SET TO RECEIVE €381.5 UPGRADE During the U.S.-Africa Business Summit (Corporate Council on Africa) in Dallas, Texas, a €381.5 million investment was announced to upgrade Angola's road network, focusing on the Lobito Corridor road networks to provide better connection to the mineral-rich areas of #theDRC and #Zambia. The Africa Finance Corporation ("AFC") will contribute €85 million, with the rest mostly funded by the Export-Import Bank of the United States and the U.S. Private Funding Corporation. Additional funding to come from Standard Chartered, Conduril Engenharia S.A., and Acrow Bridge. The works are expected to include the construction and improvement of 186 bridges in Angola. U.S.-based Acrow will handle that portion of the works, a company that has been involved in the construction of bridges in over 150 countries including 130 bridges in Zambia alone. Read More: https://lnkd.in/eEkAyWbD Video Source: Our friends at Africa24
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LOBITO CORRIDOR'S ROAD NETWORK IN ANGOLA SET TO RECEIVE €381.5 UPGRADE During the U.S.-Africa Business Summit (Corporate Council on Africa) in Dallas, Texas, a €381.5 million investment was announced to upgrade Angola's road network, focusing on the Lobito Corridor road networks to provide better connection to the mineral-rich areas of #theDRC and #Zambia. The Africa Finance Corporation ("AFC") will contribute €85 million, with the rest mostly funded by the Export-Import Bank of the United States and the U.S. Private Funding Corporation. Additional funding to come from Standard Chartered, Conduril Engenharia S.A., and Acrow Bridge. The works are expected to include the construction and improvement of 186 bridges in Angola. U.S.-based Acrow will handle that portion of the works, a company that has been involved in the construction of bridges in over 150 countries including 130 bridges in Zambia alone. Read More: https://lnkd.in/eEkAyWbD Video Source: Our friends at Africa24
LOBITO CORRIDOR'S ROAD NETWORK IN ANGOLA SET TO RECEIVE €381.5 UPGRADE During the U.S.-Africa Business Summit (Corporate Council on Africa) in Dallas, Texas, a €381.5 million investment was announced to upgrade Angola's road network, focusing on the Lobito Corridor road networks to provide better connection to the mineral-rich areas of #theDRC and #Zambia. The Africa Finance Corporation ("AFC") will contribute €85 million, with the rest mostly funded by the Export-Import Bank of the United States and the U.S. Private Funding Corporation. Additional funding to come from Standard Chartered, Conduril Engenharia S.A., and Acrow Bridge. The works are expected to include the construction and improvement of 186 bridges in Angola. U.S.-based Acrow will handle that portion of the works, a company that has been involved in the construction of bridges in over 150 countries including 130 bridges in Zambia alone. Read More: https://lnkd.in/eEkAyWbD Video Source: Our friends at Africa24
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Indonesia-Africa Forum 2024 Records 32 Business Cooperation Worth 3.5 Billion US Dollars The 2nd Indonesia-Africa Forum (IAF) 2024 which ended on Tuesday evening, managed to record business cooperation with a total value of more than 3.5 billion US dollars (Rp54,481,746,200,000). Director of Africa, Directorate General of Asia, Pacific and African Ministry of Foreign Affairs of the Republic of Indonesia, Dewi Justicia Meidiwaty, said that several important agreements were reached, among others, the signing of four business agreements in the strategic industrial sector, nine agreements in the health business sector and six agreements in the new and renewable energy business sector (EBT). He explained that the 2nd IAF is not only an event for State-Owned Enterprises (BUMN) and the private sector to achieve potential business cooperation. However, it also involves Micro, Small and Medium Enterprises (MSMEs) to collaborate together. This can be seen from the achievement of 16 business agreements between Indonesian MSMEs and African companies, in an exhibition that lasted two days and received visits from five African national leaders. https://lnkd.in/ebC4F8ZX
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Shaping the Future of Nigeria’s Marine & Blue Economy! Big strides are underway as Hon. Minister Adegboyega Oyetola unveils plans to finalize Nigeria's National Marine & Blue Economy Policy by year-end. This groundbreaking framework will: ✅ Drive sustainable development ✅ Attract investment ✅ Foster technological innovation Key Highlights: 📌 Modernized Ports: Dredging projects for Western & Eastern ports will boost draft levels to 16m, welcoming larger vessels & transforming Nigeria into Africa’s leading maritime hub. 📌 Global Standards: Aligning our marine sector with world-class practices for governance, sustainability & economic growth. 📌 Stakeholder-Driven Approach: Collaborative input ensures the policy reflects real solutions for Nigeria's maritime sector. 🌟 A Vision for the Future: Enhancing infrastructure, creating jobs, and unlocking the untapped potential of our blue economy. Nigeria’s waters are set to lead in global trade! Join the conversation & stay tuned as we sail into a prosperous maritime future. #NigeriaBlueEconomy #MaritimeFuture #SustainableDevelopment #GlobalTrade
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During his recent visit to Angola in December 2024, #US President Joe Biden focused on enhancing US investment in #Africa, particularly through a major #infrastructure project—the #Lobito #Corridor. This initiative aims to improve transportation and trade across #Angola, the Democratic Republic of Congo (#DRC), and #Zambia. One key aspect of the project is the rehabilitation of the #Benguela #Railway, which will help transport minerals from these landlocked countries to the port of Lobito for export. The Lobito Corridor project, supported by the #US, the #European #Union, and other international partners, is a strategic part of the US's efforts to increase infrastructure investment in Africa as part of the #G7-led Partnership for Global Infrastructure and Investment (#PGII). This effort also aligns with broader goals of fostering #economic growth, trade, and #integration across the African continent. The project involves both public and private sector partnerships, with significant contributions from entities like the US Development Finance Corporation (#DFC) and the African Finance Corporation. The project has already seen substantial investments, including a $550 million loan for the Benguela railway and plans to extend the railway to Zambia. The expansion of this corridor is expected to drastically reduce transit times for goods, boosting #trade and #agriculture, while also enhancing digital connectivity and community development in the region #LobitoCorridor,#RailwayRehabilitation,#USInvestmentInAfrica,#AngolaZambiaDRC #PublicPrivatePartnerships, #BenguelaRailLine, #USDevelopmentFinanceCorporation, #GeopoliticalCompetition,#EconomicIntegration,#InfrastructureFinancing, #MillenniumChallengeCorporation,#PGII,#TradeAndAgriculture,#AfricaInfrastructureDevelopment, Vijay Nirmal Gavarraju, Bertrand de la Borde, Brian Tarmey, Martin Meyer, Mutinta Kaula, Beni Muhigirwa Alex, Alberto Aguilar
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