Angolan Profile
Monday, February 11, 2019
Angolan Profile

Location: Angola, officially Republic of Angola, is located in the Southern Africa. The country is bordered by Namibia to the south, Zambia to the east, the Democratic Republic of Congo to the north-east, the Republic of Congo (Brazzaville) to the north and to the south Atlantic Ocean to the west.

Capital city: Luanda, and it is the largest city.

Language: The official language is Portuguese

Currency: Kwanza (AOA).

Population and provinces: 26 Million People live in the Angolan territory that is divided into 18 provinces.

National Day: Angola celebrates its National Day on 11th November and recently has elected a new Chief of State: President JOÃO MANUEL GONÇALVES LOURENÇO (since 26 September 2017).

Area: 1.246.700 Km2, with 1650 km of coastline and a varied terrain that encompasses abundant agricultural land, forest and a wide system of rivers. Angola’s land goes from semiarid in the south and along the coast to a high plateau in the central areas and forests in the north. This young nation is enjoying a period of peace and political stability and a remarkable sustained economic growth, after 27 years of civil war that ended in 2002. The Angolan Government has made significant efforts in recent years to bring up to date the country’s legislation for investment and its tax system designed to make the country an attractive business partner.

Economy

Angola is top oil producer of the Continent and has 12% of its water resources; is the 5th World largest diamond producer and has the World’s second biggest forest. It has a wealth of natural resources such as oil, diamonds, iron, phosphates, copper, feldspar, gold, bauxite, uranium, manganese, titanium, etc. The country has experienced a boom on its Economic Growth in the last decade, relied on its main source of revenue: oil. When oil export revenues declined as global oil prices started to fall in 2014, it was necessary to adopt a strategy to mitigate the crisis through diversification of its economy and decoupling public finances from oil sector. In 2015, the Government enacted a Private Investment Law (No. 14/15) and created a National Agency for Investment Promotion and Export of Angola, APIEX.

But, having the necessity to make adjustments to the legal and institutional framework in order for it to become faster, easier and secure to the process of investment, the Government approved in June, 2018, a new Private Investment Law (No. 10/18 of 26 June) and created the Agency of Private Investment and Export Promotion - AIPEX. 

Investment

Strategic Sectors for Investment

The New Investment Law 10/18 focuses on 9 priority identified market segments as described below:

  1. Education, technical and professional training, higher education, scientific research and innovation;
  2. Agriculture, food and agro-industry;
  3. Specialized health units and services;
  4. Reforestation, industrial transformation of forest resources and forestry;
  5. Textiles, Clothing and Footwear;
  6. Hospitality, Tourism and Leisure;
  7. Construction, public works, telecommunications and information, airport and railway infrastructures;
  8. Production and distribution of electricity;
  9. Basic sanitation, collection and treatment of solid waste.

Tourism: The 7 Angolan wonders

For tourism lovers, Angola offers you the chance to visit seven places, dubbed as the seven wonders of Angola. It is all about the fascinating nature of Kalandula Falls in the province of Malange; Nzenzo Caves in the province of Uíge, Tundavala Gap in the province of Huíla, Mount Moco in the province Huambo, Mayombe Forest in the province of Cabinda, Carubu Lagoon in the province of Lunda Norte and Chiumbue River in the province of Lunda Sul. We will share some information about these charming natural Wonders that offer a pleasant atmosphere of amusement and relaxation, in addition to other tourist attractive places you won’t regret to visit.

Kalandula Falls 

Kalandula Falls, one of the seven distinguished Wonders of Angola, are located in a municipality carrying the same name in Malange Province. It is a spectacular natural hit of Lucala River, the most important tributary of the portentous Kwanza River. Kalandula Falls are 410 meters wide and 105 meters high, considered as the second largest in Africa, after Victoria Falls, located between Zambia and Zimbabwe.

With a cascade format, Kalandula Falls dispose of an incredible amount of water, during both rainy and dry seasons, which fell from Lucala River in a subvertical form, circulating in a rock bed to a longitudinal profile.

For these attributes, Kalandula Falls are considered as the most important tourist point of the region that is about 500 km from the Angolan capital, Luanda, and 80 Km from the headquarters of Malange Province.

Nzenzo Caves

 

Nzenzo Caves are located in Uíge province, about 300 km from the Angolan capital, Luanda. This natural fascination is nothing more than a tropical forest, with the form of a huge open mouth stone that gushes abundant amount of water, whose origin is unknown.

According to researchers, this fact makes of these caves a mythical and mystical place, with immense subtleties to the beliefs of the region inhabitants, convinced that their ancestors remain alive in that locality.

From the mystical to the appreciable place, rediscovered during the recent campaign of the Seven Wonders of Angola, Nzenzo was reinstated on the tourist map of the country, arousing then the interest of researchers, local and foreign tourists, who flock to this attractive region that offers hikers a breathtaking dense forest and a continuous meandering of underground water, soaking the soil and softening its atmosphere. It is a must visit place for those who want to renew energy, break stress and seek inspiration for the most varied artistic creations.

Tundavala Gap

Tundavala Gap is located in the province of Huíla. It is a huge escarpment with an abyss of about 2000 meters of altitude, embedded in the top of the Serra da Leba (territorial boundary between the provinces of Huíla and Namíbe), with a format of an open stone.

It offers a spectacular view on the route Lubango (Huíla) - Moçamedes (Namibe), as well as a magnificent landscape that attracts any traveler. This fascinating place is considered as one of the most visited of the region, for its huge cliffs on the Chela mountain ranges.

This wonder of nature has also important details that made it an obligatory reference, for two charming aspects. The first one is the famous Serra da Leba road, with the splendor of its architectural meandering, which became a breathtaking place that renders tourists speechless; the second one is the incomparable freshness of the altitude of Tundavala Gap with its chilling viewpoints.

Mount Moco

Mount Moco is another marvel of Angola, located in the border zone between the municipalities of Londuimbali and Ekuma, in Huambo province. It is the highest point in Angola with 2,620 meters of altitude.

Pride of its inhabitants, thanks to the fascinating work of nature, Mount Moco has valuable faunal and mineral resources that, in addition to its particular importance, rendered it a mandatory reference point for domestic and foreign tourists.

Mount Moco possesses favorable natural conditions for the hospitality of those who flock to it, whether for tourism, academic studies or other purposes, thanks to the tranquility it offers.

Available data underline the presence of many species of animals, spread over more than 90 hectares of mountainous forest, such as wild boars, monkeys, bush goat, rabbits, snakes and others.

Mayombe Forest

 

Mayombe Forest is located in Cabinda province, North of Angola. This forest is shared with the Republics of Congo Brazzaville and Gabon. It is a kind of 290,000 hectares of tropical forest, where we can find trees over 50 meters high, such as Pau de Ferro, Pau Raro, Ebony and Tchikwali, considered as great quality species for wood production and medicinal use, in proven pathologies.

In this forest, rated the second most extensive in the world after the Amazon, there is a diversity of fauna, where abound chimpanzees, gorillas, monkeys, elephants and rare birds.

Tour operators of Cabinda have already implemented hotels and leisure places, allowing the exploration of this natural route.

We are not yet done with nature wonders, we have to emphasize as well the beautiful and charming beaches of the coast of our country; the Bay of Luanda, surrounded by a spectacular seaside and provided with a diversified hotel network, is considered as a high attraction site of the city.

Mussulo Island is another enchanting space, with a special landscape, making a perfect marriage between the sky and the sea. Its white sand, calm and fresh water, transform it into a sand peninsula, reachable by boat, in 15 minutes from Luanda, from where you can watch its arrival. Besides, visitors will enjoy the low tide, immense shadows of coconut and palm trees, in addition to several resorts that offer all comfort to those who came seeking leisure moments of beach and sun, in a relaxing and well-deserved vacation.

Following Mussulo Island, comes another resort in the beautiful and welcoming city of Luanda, Barra do Kwanza or Kwanza Dam. It is about 20 km from the south of the Angolan capital, an ideal place for sport fishing, offering leisure facilities and a variety of hotels, where tourists can see the mouth of Kwanza, the largest Angolan river. Marking the boundaries between the provinces of Luanda and Bengo, and the re-encounter of sea and river waters, Kwanza Dam writes the scenario of a great natural beauty, with excellent conditions for sea and river diving, along with a panoramic view on the Quiçama National Park.

Concerning beaches, the generosity of nature does not stop here. We have to consider also the beaches of Morena, Blue Bay and Restinga in Benguela province; Amelia, Dos Flamingos and Azul in Namibe province; Kicombo in Kwanza-sul province; as per Cabinda province, Fútila beach, one of the most frequented, has important hotels and tourist locations, offering excellent accommodation conditions for swimmers, with a closeness to the sea less than 500 meters; Mandarim beach as well, is the most favorite beach for bathers and sport fishing lovers.

Finally come the beaches of Dos Pobres, Sereias and Musserra Bay in Zaire province, bordered by the Atlantic Ocean to the west, the Democratic Republic of Congo to the north, Uíge province to the east and Bengo province to the south. Like the other beaches mentioned above, these also attract swimmers who flock in the summer period, between September and April.

To all of these charms, we add the diversified delighting dishes of the rich Angolan cuisine, the hospitality and sympathy of the Angolan people, the emblematic cultural traits, whether handcrafts, dances or the unquestionable qualities of the Angolan music-hall.

 Source: Press Services of the Embassy of Angola in Egypt