Angola
Mapping the Cultural and Creative Industries in Angola
The report supported by the joint EU-UNCTAD Programme for Angola: Train for Trade II assesses the economic potential of CCIs in Angola for job creation and trade. This assessment provides a profile of Angola’s cultural and creative industries identifying the main strengths and constraints and proposing recommendations to foster the sector’s growth. Angola has diverse cultural and creative expressions focusing on intangible products such as music literature audiovisual production performing arts and crafts. Dynamic creative industries like music and literature demonstrate Angola’s cultural and creative offerings. The diaspora acts as an ambassador for the country showcasing Angola’s culture arts and creations to other countries. Angola’s young population presents enormous potential for cultural and creative production including gaming and streaming. A new generation of creative entrepreneurs is also developing industry commercial and consumer innovations. With language connections and shared consumer markets Angola’s cultural and creative assets can access international markets without significant adaptation. Festivals can also contribute to the cultural and creative potential of Angola.
Angola Science, Technology and Innovation Policy Review
Science Technology and Innovation Policy Reviews are an analytical and policy learning process for a country’s science technology and innovation (STI) stakeholders to understand the key strengths and weaknesses of their innovation systems and identify strategic priorities for its development. The result of this process is documented in the STIP Review document and considered at the United Nations Commission on Science and Technology for Development (CSTD). The focus of the study is on the national innovation system innovative enterpreneurship and the mapping of the ecosystem of innovation and new digital technologies in Angola. This work is co-published by the United Nations and the United Nations Development Programme.
Vulnerability Profile: Angola
Prepared in the context of the process of Angola’s graduation from LDC status this publication contains insights into the particular vulnerabilities or fragilities of the country and the implications of these disadvantages. The profile helps national authorities understand the critical relationship between the need for resilience-building action and LDC status as a basis for eligibility for special support to this action. It is organized around four pillars: (i) a situation analysis; (ii) identification of key areas of vulnerability; (iii) evaluation of the consequences of identified vulnerabilities; and (iv) identification of structures and features of the economy that are critical for a sustainable graduation and for reducing existing vulnerabilities.
Investment Policy Review - Angola
FDI in Angola has been highly volatile and concentrated in the extractive sector. Initiatives to improve investment attractiveness are hampered by various challenges affecting the policy environment. The IPR provides action-oriented recommendations to create an environment conducive to investment and leverage the FDI potential to progress towards sustainable development. The report contributes to the Government’s efforts to achieve the dual objective of graduating from least developed country (LDC) status and meeting the SDGs.
Revisão da política de investimento - Angola
FDI in Angola has been highly volatile and concentrated in the extractive sector. Initiatives to improve investment attractiveness are hampered by various challenges affecting the policy environment. The IPR provides action-oriented recommendations to create an environment conducive to investment and leverage the FDI potential to progress towards sustainable development. The report contributes to the Government’s efforts to achieve the dual objective of graduating from least developed country (LDC) status and meeting the SDGs.
Acknowledgements
This report was prepared by the Investment Policy Reviews Section under the supervision of Chantal Dupasquier Chief of the Section Division on Investment and Enterprise (DIAE). Overall guidance was provided by Joerg Weber Head of the Investment Policies Branch and James Zhan Director DIAE. The report was drafted by Joseph Clements Ariel Ivanier Laina Maia and Massimo Meloni. Substantive inputs were provided by Hamed El Kady.
Promoting sustainable investment in agribusiness
The Government of Angola is implementing reforms to promote economic diversification and reduce the country’s dependency on the extractive sector. Attracting FDI to productive sectors such as agriculture and food processing is a key objective of several government programmes such as the PDN and PRODESI. Subsistence farming produces most of the agriculture outputs but the expansion of the agriculture sector is hindered by limited access to finance seeds and fertilizers as well as a lack of skills and the use of obsolete technologies (Government of Angola 2018a). Agriculture productivity is further affected by weak infrastructures low connectivity inefficient input markets a lack of market information and the absence of food processing facilities (World Bank 2018b). Therefore despite its potential for agribusiness the country remains a net importer of food (see context). Shifting from subsistence to commercial farming is essential to increase productivity address food security and promote economic diversification. This chapter highlights the main opportunities for FDI in agribusiness and building on the Principles for Responsible Agriculture Investment (PRAI) and UNCTAD’s experience on investment policy investment promotion enterprise development and business facilitation it proposes an approach to attract investment in agriculture and mitigate associated risks.
Preface
UNCTAD Investment Policy Reviews (IPR) are intended to help countries improve their investment policies with the objective of meeting the Sustainable Development Goals (SDG) and to familiarize governments and the international private sector with an individual country’s investment environment. The reviews are considered by the UNCTAD Commission on Investment Enterprise and Development. The analysis is based on the UNCTAD Investment Policy Framework for Sustainable Development (IPFSD) and its core principles and guidelines (UNCTAD 2015a). The recommendations of the IPR are then implemented with the technical assistance of development partners including UNCTAD. The support to beneficiary countries is delivered through a series of activities that can span several years. Consistent with the SDGs IPRs encourage official development assistance and investment in countries where needs are greatest. The IPR recommendations are in line with countries’ national development plans and focus on key development sectors including agriculture mining manufacturing tourism and infrastructure. By helping countries in this manner the IPR programme notably contributes to:
Note
Under its overall mandate on trade and development the United Nations Conference on Trade and Development (UNCTAD) serves as the focal point within the United Nations Secretariat for all matters related to foreign direct investment. Its work is carried out through intergovernmental deliberations research and analysis technical assistance activities seminars workshops and conferences.