CLP Holdings LLC

Angola – Growth Opportunity for US Middle Market Industrial Companies

News   •   Nov 17, 2010 12:37 EST

Angola's sustained high growth rate, fueled by 2 million barrels a day of oil exports, and its untapped mineral and agricultural resources offer many US industrial companies a major strategic opportunity in Africa. Over the past 10 years Angola has experienced ever increasing political stability and a growing need for infrastructure to support its young and growing population of 17 million. Angola is larger than California and Texas together, with vast expanses of prime agricultural land and untapped mineral resources beyond the existing oil and diamond production. Mr. Cesar Pereira, President of CLP Holdings LLC, a New York based private equity and consulting firm familiar with Angolan industrial and mining projects, believes that Angola is an emerging opportunity for US industrial middle-market companies. “US industrial companies, with excess capacity and a need to develop new and high margin markets, should be looking at Angola at this time.” He adds, “Angola’s resource base, stability and geographic location in the heart of Africa, makes it a strong candidate for a US company looking to expand into the new emerging markets.” With over 1 million new homes to be built and the start-up of numerous new mining and agricultural projects, Angola is being targeted by many US industrial companies looking to expand their businesses to a new emerging market in Africa.