Angola Automotive industry outlook

Angola Vehicle Market represents one of the most relevant business opportunity in Africa, albeit in the last months the domestic market had been hit by the effects of low oil prices.

Angola is an eye-opener – in more ways than one. Scarred painfully by years of debilitating warfare and practically untouched by foreign visitors since the early 1970s, the country remains remote, with few observers privy to its geographic highlights and vast cultural riches.

Angola is still rebuilding its country since the end of a 27-year civil war in 2002. Fighting between the Popular Movement for the Liberation of Angola (MPLA), led by Jose Eduardo Dos Santos, and the National Union for the Total Independence of Angola (UNITA), led by Jonas Savimbi, followed independence from Portugal in 1975.

Angola’s economy is overwhelmingly driven by its oil sector. Oil production and its supporting activities contribute about 50% of GDP, more than 70% of government revenue, and more than 90% of the country’s exports. Diamonds contribute an additional 5% to exports

Angolan President Eduardo Dos Santos stunned the country when he announced plans to retire from active politics in 2018 following 37 years of uninterrupted rule. This has raised numerous questions regarding his successor, future governance and if Dos Santos will comply with his pledge as he backtracked from a previous pledge to give up power in the past.

Research, Consulting, Data & Forecast Store

F2M covers intensively this market with several products developed to help any investigation required.

Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2020.

Auto Data in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.

All these and more within our Angola Store

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