Business Sweden in collaboration with the Swedish Embassy and Royal Norwegian Embassy in Luanda invites you to participate in a Business Delegation to Angola on 25-26 November 2014. The focus areas will be the Angolan Oil & Gas sector and how it can trigger related industries as well as economic growth.
Angola’s economy has been one of the fastest growing in the world for the past decade. It is now the third largest economy on the African continent and has become the second largest producer of crude oil in Africa.
Angola’s impressive economic growth rate is being driven by its energy sector, especially the oil sector. Oil production and its supporting activities contribute to almost half of the nation’s gross domestic product and 90% of the exports.
Large investments are taking place in Angola. Sonangol, the national oil corporation, aims to increase the production from 1.7 million b/d to 2 million b/d. In order to achieve this goal, Sonangol has released 12 new oil concession blocks offshore, in the Kwanza region.
The delegation in November
Business Sweden together with the Swedish and Norwegian Embassy in Luanda will explore and highlight the business opportunities in Angola. The delegation on the 25-26 November will include presentations with local actors within the focus sectors as well as tailored B2B meetings and field visits.
During this activity we will meet with both international oil companies (IOC), EPC-contractors, ministries as well as suppliers to the industry. Participants include:
Business Sweden in Southern Africa has built knowledge and networks in Angola and continues to identify good business opportunities for Scandinavian companies. Competition is still limited in Angola and there are good opportunities for astute investors, for example Scandinavian companies that are able to contribute with capacity as well as advanced services and products.
For further information about the delegation and registration, please contact:
Håkan Lind, Country Manager, Western Africa email@example.com
Joseph Molefi, Senior Associate, Southern Africa Joseph.Molefi@business-sweden.se