Posts Tagged ‘Angola’
Luanda, the capital of Angola, is the most expensive city in Africa for expatriates.
“Angola is a lucrative market where we currently have no presence, and Shoprite has done a phenomenal job there.”
Egidio Monteiro, country manager for DHL Express, talks about opportunities in the Angolan economy.
Distell has acquired land for factories in both Angola and Nigeria.
PwC says investors should look beyond Lagos, Kinshasa and Johannesburg.
“There is a growing appetite for high-end consumer products such as smartphones.”
“Things are improving in the country but the change will not happen overnight.”
“Companies that are willing to take risks are seeing the benefits and returns in Angola.”
Africa has 52 cities with populations of 1m or higher – the same number as for Europe.
CE speaks about Standard Bank’s new business in Angola.
South Africa, Nigeria and Egypt are not the only countries with strong economic growth.
Rand Merchant Bank highlights growth in Ghana, Rwanda and Ethiopia.
Grant Dutton, MD of South African coffee shop chain, vida e caffé, talks about the potential he sees in other African countries.
“There is no such thing as making a quick buck here. Don’t expect things to happen quickly, you need to be extremely patient.”
“Most people I have so far spoken to confirm that Angola is an extremely difficult place to do business.”