Indian Industry

Country Profile

Angola
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Nestled in the south-central africa, angola borders namibia from the south, democratic republic of the congo to the north, zambia from the east side. Angola is the 23rd largest nation in throughout the world. The country is divided into 18 provinces with 163 municipalities. There are many ethnic groups reside in the angola- 37% ovimbundu, 25% kimbundu, 13% bakongo, 2% mestiços, 1% european and with the population of 22% other ethnic groups. More than 53% of the population are followers of christian religion. Industry is the major GDP contributor followed by service and agriculture sectors. Angola is the member of the Organization of the Petroleum Exporting Countries. Luanda is the capital of angola, which is also its largest state. USA, china, france are the major trading partners of angola.

Snapshot

Official Name - Republic of Angola
Capital City - Luanda
Type of Government - Presidential Republic
Currency - Kwanza
Fiscal Year - Calendar Year
Official Language(s) - Portuguese
Local Time - WAT(UTC+1)
International Dialling Code - +244
Internet Domain - .ao
Major Towns/Cities - Benguela, Huambo, Lobito, Luanda, Namibe
Major Industries - Petroleum, Diamonds, Iron Ore, Phosphates, Feldspar, Bauxite, Uranium and Gold, Cement, Basic Metal Products, Fish Processing, Food Processing, Brewing, Tobacco Products, Sugar, Textiles, Ship Repair
Major Trading Partners - U.S.A, China, Taiwan, France, Chile
Double Taxation Treaty with India - No



Economic Overview
  • Angola has been characterized as the fastest growing economy of the african region.
  • The nation has been positioned on 3rd rank as the largest producer of diamonds in africa.
  • It is highly blessed with natural resources like petroleum, diamonds, iron ore, copper, gold, bauxite, uranium.
  • During the first quarter of 2008, angola has become the main exporter of oil to china.
  • In sub-saharan africa, angola has been characterized as the 3rd largest trading partner to the united states.
  • 2nd largest petroleum producer in sub-saharan africa.
International Trade

Major Export Items
Crude Oil, Diamonds, Refined Petroleum Products, Gas, Coffee, Sisal, Fish and Fish Products, Timber, Cotton

Main Destinations of Exports
United States, China, France, Taiwan

Major Import Items
Machinery and Electrical Equipment, Vehicles and Spare Parts, Medicines, Food, Textiles, Military Goods

Main Origins of Imports
Portugal, USA, South Korea, China, Brazil, South Africa, France, UK

Contacts of Trade Ministries/ Associations

Angola Area Chamber of Commerce South African Embassy Angola Luanda Women’s Business Association
211 E. Maumee Street, Suite B
Angola, IN 46703
Tel.: +(244)-(260)-6653512
Fax: +(244)-(260)-6657418
E-mail: info@angolachamber.org

Edificio Maianga 1e 2Andar
Rua Kwamme Nkrumah 31
Largo da Maianga Luanda
Angola
Tel.: +(244)-(22)-2330593/ 2334189
Fax: +(244)-(22)-2398730
E-mail: satrade.ang@ebonet.net

Largo do Kinaxixi N. 14 – 3 Andar Luanda
Angola
Tel.: +(244)-(22)-2442537
E-mail: info@assomel.org

Association of Hotels, Restaurants, Catering and Related Business of Angola
Calçada do Município
N. 49 Ingombota Luanda
Angola
Fax: +(244)-(22)-2440209
E-mail: info@ahoresia.org

















Business Visa Rules
  • Passport with 6 months of validity.
  • Fully completed and signed visa application form with passport size photographs.
  • Applicant is needed to give copy of hotel reservation with the return ticket/outbound ticket or itinerary.
  • Applicant is required to give the invitation letter from the business associate or company situated in the angola. The company will either employing, hiring or sponsoring the trip with the specific mention of the work which would be done by the applicant. It requires the authentication from the public notary.
Business Hours

Gov. Offices:   Monday to Friday from 08:30 - 12:30 & 14:30 - 18:00, Saturday 08:30 - 12:30
Banks:    Monday to Friday from 08:00 - 12:30 & 14:00 - 15:00

Public Holidays

Festival Date
New Year's Day January 01
Martyrs of the Colonial Repression Day January 04
Start of Liberation War February 04
International Women's Day March 08
Good Friday Date Varies
Easter Monday Date Varies
Peace and Reconciliation Day April 04
Labour Day May 01
Africa Day May 25
International Children's Day June 01
Nation's Founder and National Heroes Day September 17
All Soul's Day November 01
Independence Day November 11
Christmas Day December 25
angola


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