Saturday, September 30, 2023

Angola is banking on investments from Brazil to transform the economy

The Angolan President emphasized the visible presence of the South American country in these countries through emblematic works of public infrastructure, food supply, provision of health services, and technical and professional training of young people, and invited the Brazilians to continue investing here.

At the conclusion of a business forum between businessmen from both parties, in the presence of Brazilian President Luiz Inácio Lula Da Silva, Lourenço expressed his particular interest in greater involvement in sectors such as agribusiness, automotive, and solar panel production.

Other areas are the pharmaceutical industry for the production of medicines and vaccines, wood processing, tourism, and the real estate sector.

The meeting took place the day before, which brought together around 500 business people from both countries and highlighted Angola’s potential.

The South American President is paying an official visit to this country, for which official talks, a reception at the National Assembly, a visit to the Agostinho Neto memorial, and the signing of various agreements were on the agenda on Friday.

A tour of the Guimares Rosa Institute (Angola-Brazil Cultural Center) is scheduled for this Saturday, where the Ovdio de Melo room will be inaugurated in memory of the diplomat of the South American country.

The head of state must also hold a meeting with the Brazilian community living in Angola.

World Nation News Desk
World Nation News Desk
World Nation News is a digital news portal website. Which provides important and latest breaking news updates to our audience in an effective and efficient ways, like world’s top stories, entertainment, sports, technology and much more news.
Latest news
Related news