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Angola’s industrial production is below the region’s average – consulting firm

The gross value added (GVA) of industrial production in Angola grew by 0.8% in 2021, below the average and in counter-cycle with the sub-Saharan Africa region that increased by 4.8%t, a specialist from a consulting company said today.

Fernando Mascarenhas, who was speaking at the III Industry Forum, organized by the newspaper Expansão, warned that Angola is diverging from the region where it operates regarding industrial production, despite having recovered between 2021 and 2022.

"We are in a counter-cycle, and it is essential to catch this train," stressed the consultancy firm KPMG partner . . .

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