Angola
Country Information
Angola is located in Southern Africa, bordered by Namibia, the Democratic Republic of Congo, and Zambia, with a coastline along the Atlantic Ocean. Its capital is Luanda. Rich in natural resources, especially oil and diamonds, Angola is one of Africa’s fastest-growing economies.
Political System
Angola is a unitary presidential republic, with the President serving as both head of state and head of government. The National Assembly is the legislative body, and the country has undergone political reforms since the end of its civil war in 2002.
Economic Indicators
GDP (2023 est.):
USD 125.6 billion
Population
Approximately 35 million
Currency
Angolan Kwanza (AOA)
Main Industries
Oil, diamonds, mining, agriculture, construction.
Investment Climate
Angola offers vast opportunities in oil, gas, agriculture, and infrastructure. Recent reforms aim to improve the business environment, attract foreign investment, and diversify the economy.
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