Angola Press Agency (Luanda)

Angola: U.S./Angola Chamber of Commerce Invests in Economy Diversification

3 December 2012

Luanda — The chamber of commerce of US and Angola (USACC) is committed to invest in the diversification of the Angolan economy, says a note from the institution that reached Angop on Monday in Luanda.

In this framework, the document reads that two US companies of non oil sector entered this year the Angolan marked in the field of energy and foodstuff.

The companies are Cummins Angola and Kentucky Fried Chicken (KFC).

The entrance of these two companies increased the private investment of US in Angola estimated at AKZ 1.7 billion.

It is eyed an increase of US investment in the non oil sector in 2013, as various American companies operating in South Africa are entering the Angolan market.

  • Comment

Copyright © 2012 Angola Press Agency. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica aggregates and indexes content from over 130 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.

Comments Post a comment