Share
What a visa-free travel to Angola means for business development
Travelling or doing business in Angola is no longer a hassle to South African nationals wishing to expand their views and business opportunities in the continent. Angola has exempted tourism visas to stay up to 30 days per entry and 90 days a year to four African countries including South Africa. Dianna Games, Chief Executive, Africa @ Work joins CNBC Africa for more.
Tue, 20 Feb 2018 11:37:27 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- Angola's decision to allow visa-free travel for South Africans signals a significant shift in the country's economic strategy and opens up new opportunities for trade and investment.
- The move is part of President Rensa's efforts to reform the economy and attract foreign investment by dismantling the legacy of the Dos Santos family, who have long controlled the country.
- The reciprocal agreement between Angola and South Africa is expected to boost tourism and trade between the two countries, benefiting businesses and investors on both sides.
In a groundbreaking move that is set to revolutionize business relations between Angola and South Africa, Angola has announced visa-free travel for South African nationals for up to 30 days per entry and 90 days a year. This move comes as part of Angola's broader strategy to open up its economy and attract more foreign investment. Diana Games, Chief Executive of Africa @ Work, weighed in on the significance of this decision in a recent interview on CNBC Africa. The move is seen as a radical shift from the traditional difficulties faced by South Africans in obtaining visas for Angola. The decision is part of President Rensa's efforts to dismantle the legacy of the Dos Santos family that has long controlled the country. Angola has been grappling with economic challenges due to its heavy reliance on oil, which has led to currency fluctuations and revenue issues. By opening up visa-free travel to South Africans, Angola aims to strengthen its economic ties with a key trading partner and investor. South Africa has welcomed this reciprocal agreement, as it will benefit from increased tourism and trade opportunities with Angola.
SIGN UP FOR OUR NEWSLETTER
DAILY UPDATE
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.
