Improving the business climate and wooing investors

Improving the business climate and wooing foreign investors are top priorities for Angola as it strives to wean itself off its over-dependency on oil. As oil rev-enues dwindle and other sectors of the economy have yet to offset the shortfall, the government has tak-en a series of initiatives to facilitate private and foreign investment.

In March this year, it officially established the new Private In-vestment and Export Promotion Agency (AIPEX), whose mission is to stimulate growth, diversify the