This research focuses on the characterization of the various
dimensions of Foreign Direct Investment (FDI) and their impact on the
Angolan economy and in Huambo province. The study was based in an
analysis of the supporting theories of FDI. The research analyse the
evolution and the impact of FDI on the economy andvalidate the
existence of various mechanisms through which FDI affects economic
and social development of a country. The study identify the existence of
a negative flow of FDI in Angola in recent years which may indicate the
repatriation of profits of subsidiaries. The study was conducted thought a
quantitative analysis, using the data provided by the National Agency
for Private Investment in Angola. It was identified that almost all private
investment and performed abroad in Angola is centred in the province
of Luanda. In 2013 the private investment made in Huambo only
represented 0.6% of total held in Angola and 0.3% of FDI.