6th Expo Cuanza-Norte/2024 Boosts Local Economy with 120 Temporary Jobs

The 6th Expo Cuanza-Norte/2024, held in Ndalatando, Angola, from May 28 to June 1, 2024, has proven to be a significant event for the local economy. This year's expo saw a remarkable participation of 252 exhibitors from various provinces, including Cabinda, Namibe, Malanje, Uíge, Huambo, and Luanda, marking a 40% increase from the previous year.

Why this matters: The economic growth and diversification in Cuanza-Norte can have a positive impact on the overall economy of Angola and the region. This can lead to increased investment, job creation, and improved living standards for the local population.

The expo created 120 temporary jobs during its duration, providing much-needed employment opportunities for the local community. The event showcased a diverse range of businesses and activities related to commerce, automotive, agriculture, hotel and tourism, telecommunications, banking, and services.

Diogo Gaspar, the governor of Cuanza-Norte, highlighted the expo as a vital opportunity for economic diversification. He emphasized the importance of focusing on the agricultural, livestock, and natural resource sectors to reduce external dependence and increase fiscal revenue. Gaspar stated, "A feira é uma oportunidade única para a diversificação económica, consubstanciada na melhoria da actividade agrícola, pecuária e exploração de recursos naturais."

The expo aimed to promote economic growth within the province. The governor urged entrepreneurs to focus on innovation, which he deemed crucial for generating employment and improving the quality of life for the population. He noted the province's natural potential and privileged geographical location, with fertile soils in its 10 municipalities, making it suitable for year-round agricultural practices.

Ottoniel dos Santos, the Secretary of State for Finance and Treasury, also spoke at the event, emphasizing the importance of regional cooperation in Sub-Saharan Africa to drive economic growth and address common challenges. "A cooperação regional na África Subsariana é essencial para impulsionar o crescimento económico e superar os desafios comuns," he remarked.

Overall, the 6th Expo Cuanza-Norte/2024 has reinforced its role as a catalyst for economic activity in the region. By bringing together a diverse array of exhibitors and creating temporary employment opportunities, the expo has underscored the potential for economic growth and diversification in Cuanza-Norte.

Key Takeaways

• 252 exhibitors from 6 provinces participated in Expo Cuanza-Norte/2024, a 40% increase from last year.
• The expo created 120 temporary jobs and showcased diverse businesses and activities.
• Governor Diogo Gaspar emphasized the need for economic diversification and innovation.
• Secretary of State Ottoniel dos Santos stressed the importance of regional cooperation in Sub-Saharan Africa.
• The expo reinforced its role as a catalyst for economic activity in the region.