A recent bilateral trade agreement between the US and Angola includes provisions to ease the export of electronic components, including Digital to Analog Converters (DACs), from the US to Angola, aiming to support Angola's growing tech infrastructure.
2023-10-15
Impact: This agreement is likely to increase US exports of DACs to Angola by reducing tariffs and streamlining customs processes, fostering stronger trade ties.
Angola Increases Demand for US-Made DACs
Angola's telecommunications sector has seen a surge in demand for high-quality DACs, with US manufacturers stepping in to fill the gap as part of a broader tech modernization initiative.
2023-09-22
Impact: The rising demand could lead to a significant uptick in US DAC exports to Angola, potentially strengthening market share for American firms in the region.
US Tech Firms Explore Angola Market for DACs
Several US-based technology companies specializing in DACs attended a trade expo in Luanda, Angola, to explore partnerships and supply contracts with local businesses.
2023-08-30
Impact: This event may result in new trade deals, increasing the volume of DAC exports from the US to Angola in the near future.
Policy Updates
US-Angola Tariff Reduction on Electronics
The US and Angola have agreed to reduce tariffs on specific electronic components, including DACs under HS Code 8542.39, to encourage technology transfer and support Angola's digital economy goals.
