Angola

Cover is available on a case-by-case basis.

Please note the statement regarding security that may be required.

There are cover options for smaller transactions on a case-by-case basis.

There is a reluctance to cover credited local costs. As a rule, foreign supplies are only covered if they can be reinsured.

In addition, cover is available for project financed and other structured finance deals, where necessary based on countertrade transactions, as well as for fully internationally financed transactions.

APG
If the maximum amounts exceed 2.5 million euros, the same collateral requirements as for short-term transactions apply.
 

Short-term transactions, private sector
If the foreign buyer’s creditworthiness is inadequate, bank security is required.
 

Short-term transactions, public sector
For transactions with contract values of up to 500,000 euros, bank security is required if the buyer’s creditworthiness is inadequate. For transactions exceeding this amount and credit periods of more than 360 days, security provided by the Ministry of Finance or the central bank is always required.
 

Medium/long-term transactions, private sector
Collateral from a bank to be examined on a case-by-case basis is required. 
 

Medium/long-term transactions, public sector
Collateral from the Ministry of Finance or the central bank is generally required.

The assessment of a bank for acceptance as a guarantor or borrower is carried out case by case on the basis of informative documents and taking into account the risk involved.

Further information on business practices, economic climate, market analyses, law, customs and import procedures as well as international projects and tenders can be found on the website of Germany Trade & Invest (GTAI).

You can find the most important GTAI country information on Africa at a glance in the Africa Business Guide.

Background information on the 'continent with opportunities' on our page: Focus on Africa

All information without guarantee.