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Welcome to Angola B2B Marketplace

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Angola



Even though Angola has a very high rate of internet connectivity compared to other sub-Saharan nations, the country still has a largely cash-based economy and an inefficient mail delivery system, which restricts the amount of electronic business there.

Given the significant population of internet users in Angola, doing business in that country has some potential. According to Internet Live Stats for 2020, there are 8.5 million internet users, or around 26.5% of the population (IWS).

The vast majority of Angolans who have access to the internet do so via a cellphone. Only 16% of people, however, have access to mobile broadband. Those who shop online on a laptop or desktop frequently use a smartphone or tablet as well.

Given the significant amount of internet users—7.1 million, or over 22.3 percent of the population—in Angola, where internet penetration was 28 percent in January 2020, social media is widely used there.

An estimated 2.2 million businesses and individuals use Facebook to advertise their businesses and for personal connections. Many businesses only market themselves on Facebook or Instagram as it is more cost-effective and convenient than building and maintaining a website.


Exploring the business opportunities




Even though Angola has had significant growth in recent years, particularly in terms of oil production, there are still many prospects for other types of businesses. Opportunities are currently accessible in Angola in a variety of sectors, including manufacturing and agriculture, both through partnerships with the government and the private sector.

Angola offers a wealth of economic options, and one of the biggest advantages of operating there is the country's abundance of natural resources. The natural resources include salt, phosphates, limestone, iron ore, petroleum, natural gas, copper, tin, and cobalt.

In actuality, these resources provide around 25% of the country's GDP. If you do your study and make wise decisions when entering the market, there are plenty of possibilities to be had.

The first quarter of 2022 saw the country's economy grow by 2.6% year over year, up from the previous three-month period's upwardly revised 2.4% growth, according to Angola's National Institute of Statistics. It expanded for the fourth quarter in a row and at its quickest rate since the final quarter of 2018.


Discovering the Angola B2B marketplace




About 11 million people are living in Angola, and they have a 63-year average life expectancy. Oil exports, which generate 95% of the government's revenue and more than 50% of the economy, are the foundation of the nation.

As a result, the price of oil has a significant impact on Angola's economy. Low energy costs are advantageous to both consumers and businesses, but lower commodity prices have hurt Angola's overall economic growth.

Angola B2B marketplace is booming, and it has become one of the fastest growing in the world. To continue this growth and diversify its economic and industrial sectors, the government is working hard. Numerous investors and corporate groups have focused their attention on this most recent economic growth to increase their presence in Bhutanese markets.

The tactics and practices of the established business sector have drastically collapsed. A few decades ago, this conventional business environment was upgraded.

Since then, corporate strategy and operations have gotten a lot simpler and easier. The Angola B2B marketplace has not only addressed common business issues but also given you access to new and enhanced solutions for all of your business concerns.


Get in Touch Today!




To reach us for queries or suggestions, you can email us around the clock at [email protected]. Or, dial +1-214-306-7737 to have a quick chat about how you can connect with top American manufacturers and become a well-known international business.
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