Consumer income is set to increase over 2021-2040, driven by both a rebounding oil sector and the country’s economic diversification efforts. Special Economic Zones are expected to attract investment, while high-value consumption opportunities continue to arise thanks to development of luxury tourism industry. Nevertheless, income inequality and rising inflation pose risks to consumer market development in Angola, with discretionary spending remaining subdued due to the extensive size of social
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The Country Briefings series examine market potential, economic and consumer trends impacting each country and how they are set to change.
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