Angola receive about US$16 billion in foreign investment in 2014/2015

19 April 2016

Angola was the second African country to raise most foreign investment by securing about US$16 billion in 2014/15, according to a report from the Angolan Agency for Investment and Export Promotion (APIEX).

Carvalho Neto, director of APIEX, said Angola “is committed to creating a solid business base, which allows national entrepreneurs to compete on an equal footing in other markets.”

APIEX is the new structure set up by the Government to promote and attract investments and to raise awareness of Angola’s economic potential as well as its image, brand and products, abroad.

APIEX has replaced the National Agency for the Private Investment, which since 2003 managed the entry of foreign investment in Angola. (macauhub/AO)