Angola Stenghtens Political and Economic Ties with Spain

Angola and Spain are taking steps to strengthen the political and economic ties of both countries

Angola’s president João Lourenço visited Madrid on another stage of the international tour that has already taken him to the United States. João Lourenço was received at the Zarzuela Palace by King Felipe VI.

João Lourenço disclosed that “with this visit, we intend to establish a true strategic partnership with your country. Strengthening the bonds of friendship and cooperation, and important areas of our economy”

Pedro Sánchez reiterated the commitment of the Spanish government and the willingness of national companies to contribute to the diversification of the Angolan economy thus reducing its dependence on oil as explained by the Minister for External Relations.

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“Strategic partnerships are very important because from two partnerships we can not only attract investments but also attract knowledge that participates in diversification. Diversification also implies ‘know-how’ for people, for technicians, for the young people that we must undertake… so you have to be a quality worker for us to really achieve the transformation we want” said Téte António.

Angola has become a strategic country for Spain’s external growth in Africa. The Focus Africa 2023 plan will channel institutional support for investments by Spanish companies in the continent.

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