Angola has big potential as a visitor destination, and as a sector, tourism could be a driver of non-oil growth and jobs. But high costs and red tape are deterring overseas visitors and the country needs to work harder to deliver on its ambitions.
Angola’s government has launched several initiatives to boost the country's non-oil sectors. Some of these, including a hike in import tariffs in March, have proved controversial, while the business environment remains tough by global standards. But investors think the country still has plenty going for it.
Oil looks set to dominate Angola's economy in the medium term and potentially longer if pre-salt discoveries prove as lucrative as optimists hope. But new regulations in the US and Europe could shake up the industry, while the government hopes to develop gas exports and the mining sector.