Other guidelines include business investment to help diversify the economy outside the mining sector, which generates jobs and promotes import substitution and improve the quality of products and services offered by national companies.
FACRA is guided by the need to internationalize national companies, helping them to do business outside of Angola, and add value and diversity to the country’s export sector.
FACRA’s investment criteria have been developed by the Fund’s Investment Committee. It details the Fund’s overall strategy, objectives and priority investment sectors. In addition, it also details the investment size, target returns, holding period and target company type.
This strategy has been tailored to make sure tax-payers’ money is invested wisely and only in Angola’s key growth sectors. The guiding principle is to invest in micro, small and medium sized enterprises (MSME’s) that have the potential for high long-term financial returns and that can play a part in stimulating the growth of the nation’s MSME sector.
FACRA seeks investment opportunities with entrepreneurs and business partners (both Angolan and foreign) with innovative businesses and technology firms. Supporting innovation is central to FACRA’s objectives and, as such, it is keen to work with foreign companies who are able to support innovative new technologies, products or services by co-investing in and co-managing Angolan businesses.
– Our experience highlight of the month
– Become a FACRA certified consultant
– Project Submission Requirements
– FAQ
