The ambassador stated that, “We will continue to promote joint actions to attract investments, favor other sectors such as renewable energy, textiles, agriculture, oil and gas. Angola is seeking international partnerships to address the need for economic and social stability. Only with the help of the business class, particularly foreign business, can we achieve that goal.”
Meanwhile, H.E. Domingos Custódio Vieira Lopes, Angola’s Secretary for State for International Cooperation and Communities, highlighted the Angolan government’s commitment to boosting cooperation, emphasizing that, “Angolan businesspeople should take the opportunity to establish partnerships with reciprocal advantages, which will make it possible to increase trade between the two countries.”
According to H.E. Lopes, in addition to knowledge sharing within the energy industry, Angola plans to benefit from Egypt’s advanced industrial engineering scope particularly in the household appliances, automotive components and electrical sector, driving economic diversification and positioning the country as a competitive multi-market economy.