Portuguese Prime Minister visits Angola in July this year

Published 29 days ago
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The Prime Minister of Portugal, Luís Montenegro, will visit Angola in July this year as part of the Luanda International Fair (FILDA), announced the Portuguese ambassador to Angola, Francisco Alegre Duarte, moments ago in a message addressed to the participants of the second Doing Business Angola 2024 conference.

In the message projected at the event organized jointly by Jornal Económico and Forbes Africa Lusophone, Francisco Alegre Duarte also confirmed the visit of the Portuguese Minister of State and Foreign Affairs, Paulo Rangel, already scheduled for next week.

“I believe that these visits will give a renewed boost to a relationship that is already very good on the political level, but that can go even further in economic terms. We will work towards that,” he emphasized.

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The Portuguese ambassador to Angola also assured that there are what he called “powerful instruments,” such as a financing line, a common language, and “a political or institutional framework marked by a mature relationship, as observed in the joint celebrations of the 50th anniversary of April 25th.”

Moreover, the diplomat noted that the exports of goods and services by Portuguese companies in Angola exceeded 2 billion euros in 2023. He also mentioned that currently, 1,250 Portuguese and Luso-Angolan companies operate in Angola.

“These companies have a very strong presence, for example, in the civil construction sector, but also in other sectors, and they create tens of thousands of direct and indirect jobs,” he highlighted, adding that they have faced some challenges, notably in payment predictability, legal security, exchange rate stability, and access to foreign currency.

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