Angola investment agency awards prizes to businesses

31 July 2015

The National Agency for Private Investment (ANIP) of Angola Thursday gave awards to 17 companies that signed investment contracts and carried out the project as agreed during the 3rd edition of ANIP awards, Angolan news agency Angop reported.

Among the projects to receive an award was Angolata, a company specialising in the production of cans, which, in addition to the ANIP award, received the distinction of “Best investment project in Southern Africa” ​​resulting from participation, through the agency, in an exhibition in the United Arab Emirates.

The company’s representative at the ceremony, Peter Mashangu, said the award was an incentive to increase production, which is currently 1.4 million cans per year, and is insufficient to meet domestic demand.

The group of 17 winners also included detergents factory Africa Future, a proposed private investment project with two production lines, the first of which produces liquid detergent and vinegar and the second toilet paper and napkins.

The company’s representative Sebastião de Lencastre, said the first phase of the project represented an investment of US$10 million, and the second phase was budgeted at US$5 million.

The 2015 ANIP Awards also gave awards to Jardins da Yaba, Acail Angola, EBM, Hotel Praia Morena, Afriperfil, CAM, Hotel Alvalade, INAR, Skyna Hotel, Hotel Terminus Lobito, Multiterminais, Hotel Kalunda, Vila Araújo, Nocebo and Sogester. (macauhub/AO)