Electronics manufacturing companies in Angola

Angola’s electronics manufacturing sector is still in its nascent stages, with limited domestic production capabilities. The country’s economy has traditionally been dominated by the oil and gas industry, which has overshadowed the development of other sectors, including electronics manufacturing. However, recent initiatives indicate a growing interest in diversifying the economy and fostering local production.

One notable example is Greenpower, a subsidiary of Grupo Opaia SA. Established in 2012, Greenpower focuses on renewable energy solutions, particularly photovoltaic solar energy and thermal solar energy. The company operates an assembly line in Viana Park, Luanda, where it produces solar energy kits. These kits are designed for various applications, including lighting for schools, hospitals, police stations, administrative offices, and public roads, as well as water supply systems for irrigation and water heating panels. Greenpower’s initiatives are particularly targeted at rural populations, aiming to enhance energy access in underserved areas.

In addition to Greenpower, several multinational corporations with a presence in Angola contribute to the broader manufacturing landscape. Companies such as General Electric (GE) and Samsung Electronics have operations in the country, primarily focusing on sectors like energy, healthcare, and consumer electronics. While their activities in Angola may not encompass full-scale electronics manufacturing, their presence indicates potential avenues for future development in this sector.

The Angolan government has recognized the need to diversify the economy and reduce dependence on oil revenues. As part of this strategy, the government has initiated a privatization program aiming to divest from several state-owned enterprises across various sectors, including telecommunications and manufacturing. By January 2023, 93 assets had been privatized, generating over $1.1 billion in revenue. The program has been extended through 2026, with plans to privatize an additional 73 assets. This initiative is expected to attract foreign investment and stimulate growth in sectors like electronics manufacturing.

Despite these efforts, Angola continues to face challenges in developing a robust electronics manufacturing industry. The country has a high unemployment rate, estimated at 32% for individuals aged 15 and older as of late 2023. Additionally, there is a shortage of skilled labor, particularly in technical fields essential for electronics manufacturing. The education and vocational training systems are still evolving to meet the demands of a diversified economy.

In conclusion, while Angola’s electronics manufacturing sector is currently limited, ongoing government initiatives and the presence of multinational corporations provide a foundation for future growth. Continued investment in infrastructure, education, and policy reforms will be crucial to realizing the potential of this industry and achieving economic diversification.