Angola has accelerated its concerted tourism investment drive by allocating an additional US$530 million to the development of an integrated tourism hub in Cabo Ledo – a coastal region 120km south of Luanda.
Angolan President João Manuel Gonçalves Lourenço authorised the investment in design and construction of essential public infrastructure – including access routes, water supply systems, sanitation, energy, telecoms and public lighting – in identified tourist areas on January 30.
The funds were secured with external financing by the Mitsubishi Bank Group.
The investment covers the Cabo Lebo Tourist Development Pole and a coastal corridor including the Bay of Pipas, Bay of Tômbwa, Bay of the Three Brothers and Bay of Quicombo. It is designed to facilitate private-sector investment.
“It is important to note that the Ministry of Tourism has received various manifestations of interest from private investors who intend to invest in these areas that, in the meantime, find difficulties in materialising them due to the lack of infrastructure,” Angola’s presidency said in a statement.
“This integrated public investment model facilitates the entry of private investment, significantly reducing entry costs for investors, increasing the competitiveness of the destination and promoting sustainable tourism development.”
Angola was voted the Best Tourism Investment Destination by the Global Tourism Forum in 2025.
