Health Alert – U.S. Embassy Luanda, Angola (March 25,
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The National Development Plan PDN highlights the promotion and insertion of scientific and technological culture as pillars of the country’s social and economic development. However, the Angolan economy has contracted for four consecutive years and economic forecasts, according to the Ministry of Finance, will remain negative, indicating a recession of The unemployment rate increased to On the other hand, Angola is in position in the World Bank ranking of economies with ease of doing business in Promoting the development of micro, small and medium-sized enterprises MSMEs and innovation remains one of the main priorities from the government.
Innovation and technology transfer could favour entrepreneurship. Given this employability reality of traditional businesses, together with the Government’s financial programs for micro, small and medium-sized enterprises MSMEs , it is essential to create the conditions for stimulating entrepreneurship and innovation, as a way to not only respond livelihood needs for young people, as well as to transform problems and needs into opportunities that create prosperous businesses and good jobs.
The verifying rise and growth of outstanding innovative businesses in the country, is often supported or driven by an ecosystem under construction, a network of private actors and public institutions that have activated and dynamized the sector through a set of actions and initiatives including incubation and acceleration programs, workshops and contests.
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