Introduction – Angola
Angola is the seventh largest country in Africa, with the capital city being Luanda. This city is also the largest city in the country. Angola has been a unitary presidential republic since 2002. It is a member state of the United Nations and has a diverse group of people from different ethnicities owing to the population of 24.3 million. The culture of Angola is influenced by Portuguese culture because it was an erstwhile Portugal colony.
Though the standard of living remains low for most of the people in the country and the life expectancy and infant mortality rates are not good. With a total GDP of $139 billion ad per capita GDP of $6,484, the country’s economic growth is the fastest in the world. The growth of the country’s economy is irregular due to the disproportionate distribution of the wealth of the country. But, the country’s growth has become more stable after the civil war ended in 2002. There has been a 20% growth in the period between 2005 and 2007. In the year 2010 – 2011, Angola’s GDP growth rate was the highest at 11.1%.
The country’s major revenue comes from industries like:
Oil Reserves: the country’s growth is driven by the production of oil which is available in abundance in the country.
How can Axcel Gases help?
With Angola having a poor rate of GDP, the country will prosper and develop rapidly if the industries were given a boost. With the country’s 60% revenue coming from the oil and diamond reserves, these industries need machineries that will help them grow further and generate greater profits. With Axcel Gases being the top gas cylinder manufacturer, the country can use its superior air and engineering products like:
The company is known for its quality of products along with the time efficiency. They have already proved their metal by improving sales and industrial efficiency by 100% for other countries.
To know how Axcel Gases can help your business, please call +91 9811080055 or Contact Us