the startup's quickstart guide to: angola
TRANSCRIPT
The Startup‘s Quickstart Guide To:
Angola
The Startup‘s Quickstart Guide To:
Angola
Here at The Startup Monthly, we’ve come across various guides here and there about the startup communities in different countries. But, they’ve been inconsistent, and not all countries are covered. This guide is by no means meant to be complete and all encompassing. Consider it a starting point if you’re an entrepreneur, investor or researcher. We plan to update these guides at least annually and welcome any suggestions or additions we should consider adding to the guide. I.e. startups, investors, community resources, etc. Please email any suggestions or questions to [email protected]. Lead Researcher: Wendy Shu; edited by K. Marxtova Last Updated: June 16, 2016
The Startup‘s Quickstart Guide To:
Angola
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The Startup‘s Quickstart Guide To:
Angola
• Government: Republic • GDP: $184.4 billion ($47.300 per capita) • Unemployment rate: N/A % • Inflation rate: 10.3 % • Population below poverty line: 40.5% 3
• Main industries: Petroleum, bananas, coffee, gold,
cement, food processing, tobacco, brewing, textiles 3
The Startup‘s Quickstart Guide To:
Angola
• One of the last frontiers for big tech companies • Expanding industry, which is underestimated and
might have a potential for investors • Environment skewed towards service field
(restaurants, parlors, corner stors etc.) • Biggest challenge: low levels of literacy 4
• How to start a business in Angola guide
The Startup‘s Quickstart Guide To:
Angola
Kwanza Online
• Trading service
providing secure payments in Angola
• Mobile app • Both for B2B and
B2C transactions
Luanda Nightlife
• Guide to where to
dine, drink and dance in Luanda
• Provides also a newsletter
AngolaCarro
• Online car selling
service • Connects the seller
and buyer • Local number one in
this field
The Startup‘s Quickstart Guide To:
Angola
• SendOut – Provides SMS advertising • Proxy Pay – International provider of funds
management and payment services • 1mambu – Local social network • Jobartis – Online job portal of Angola • Angola LNG – Major LNG producer • Inpromed – Brand promotion and vocational
training company mainly focused on healthcare
The Startup‘s Quickstart Guide To:
Angola
• Ernst & Young – Global leader in assurance, tax and advisory services
• Quantum Global – Investment partner • Fundo Activo de Capital de Risco Angolano (FACRA)
– Offers long-tem financial investments to small companies and entrepreneurs
• Angola Capital Partners – Equity fund
The Startup‘s Quickstart Guide To:
Angola
• Basil Nundwe – Chief Executive Officer at SCAW Limited
• Lasse David Nergaard – Investment Director at Norfund
• Thomas Falck • Theodore Giletti
The Startup‘s Quickstart Guide To:
Angola
• African Business Central – Covering startup scene in Africa including Angola
• Startup Ranking – Listing most of Angolan startups
• Seed Stars World – Global startups competition • iAfrikan – Online magazine summarizing the
current technology and entrepreneurial situation in Africa
The Startup‘s Quickstart Guide To:
Austria
The Startup‘s Quickstart Guide To:
Angola
• Startups might struggle in this environment, but at the same time the lack of businesses provide a great potential for future companies
• Low literacy and limited access to technologies might be the greatest struggle
• Potential in mobile tech applications 4
The Startup‘s Quickstart Guide To:
Angola
Noteworthy articles • KindaHub Seeking Funding to Become Center of
Angola’s Startup Community
• LNL looks to cement first mover advantage in Angola’s nascent tourism industry
• A young entrepreneur‘s perspective on Angolan innovation
The Startup‘s Quickstart Guide To:
Angola
Noteworthy articles • Entrepreneurship levels in Angola continue to be
among the highest in the world, but infrastructure and education are still important impairments
• SeedStar World Names Angolan Best Regional Startup
• Angola to have business incubator
The Startup‘s Quickstart Guide To:
Angola
• (1) Image 1: https://commons.wikimedia.org/wiki/File:Angola-Pos.png • (2) Image 2: https://commons.wikimedia.org/wiki/File:Angola_carte.png
• (3) CIA. (2016). Angola. In: The World Factbook. (online).
https://www.cia.gov/library/publications/the-world-factbook/geos/au.html#
• (4) Axtell, Suzanne. A young entrepreneur‘s perspective on Angolan innovation. In: Radar. (online). http://radar.oreilly.com/2011/12/angola-tech-africa-mobile-data.html
• Background image: https://commons.wikimedia.org/wiki/File:Lubango-Namibe_landscape.jpg