Country Information Export Development Canada Africa and Middle East

Angola

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Evaluating the market in Angola

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

EDC Country Position – Open on a restricted basis

Open on restricted basis

What this means:

  • Responsive approach to business
  • EDC solutions are available on a restricted basis
How does EDC determine the position?

Risk Rating

EDC Country Position – Medium to High Risk

Medium to High Risk

What this means:

The Commercial Country Ceiling (CCC) Risk Rating is measured from low to high, and is meant to represent the best possible rating that can be assigned to a commercial business (obligor) in a country.

How does EDC determine the risk rating?

Business environment in Angola

Angola has been experiencing strong economic growth in recent years and has become a top oil producer in Sub-Saharan Africa. This growth, mainly attributed to the oil and gas sector,  has been facilitated by Angola’s stable political environment owing to a high level of centralization under the presidency. The country remains vulnerable to oil prices and has limited institutional capacity. Angola is part of the Southern Africa Development Community (SADC). 
  • Agriculture
  • Oil and Gas
  • Power
International Trade Solutions

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Interested in growing your business in this market?

Speak to a Trade Advisor weekdays between 9 am to 5 pm EST.

1-888-220-0047

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Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC