Angola Advances Trade and Bilateral Relations with Nigeria Ahead of 2025 Meeting

Angola aims to enhance trade and relations with Nigeria, planning a joint commission meeting in 2025 to review cooperation frameworks. The initiative reflects Angola’s commitment to economic diversification, attracting investments in various sectors, and strengthening partnerships built over decades of collaborative history.

Angola has announced its commitment to enhancing trade and bilateral relations with Nigeria, highlighting the significance of a forthcoming Angola-Nigeria Bilateral Joint Commission meeting scheduled for early 2025. This initiative aims to review and update the legal frameworks governing the countries’ political, economic, and military cooperation. During the recent celebration of Angola’s Independence Day in Abuja, Ambassador Jose Bamoquina Zau emphasized the importance of this collaboration, which has endured for over six decades. Ambassador Zau invited investors to explore opportunities in various sectors such as energy, tourism, and infrastructure, including pivotal projects like the Lobito Refinery and the New Luanda International Airport. He further noted that Angola is actively diversifying its economy and transitioning to sustainable energy, having invested significant resources in renewable energy projects designed to fulfill the country’s electricity needs. The envoy acknowledged Nigeria’s unwavering support during Angola’s struggle for independence and conveyed a desire to bolster trade, illustrated by increased business missions and the establishment of the Angola-Nigeria Business Council. Additionally, he drew attention to collaboration in the African Petroleum Producers Organization, which strengthens their mutual interests.

Angola’s initiative to improve relations with Nigeria reflects a broader strategy to foster economic growth and investment opportunities. Since gaining independence from Portugal in 1975, Angola has focused on building international partnerships, particularly with Nigeria, as both nations hold significant positions in Africa’s oil and economic sectors. The diplomatic efforts underline a long-standing camaraderie traced back over sixty years, further supported by Nigeria’s acknowledgment of Angola’s national day. Ambassador Jose Bamoquina Zau’s remarks at the Independence Day celebration highlight the ongoing relationship, which includes interests in energy, trade, and various infrastructure projects aimed at benefiting both countries.

In summary, Angola’s plan to strengthen trade and bilateral ties with Nigeria through the 2025 Joint Commission meeting marks a significant step forward in their longstanding cooperation. The efforts to diversify Angola’s economy and attract foreign investment, particularly in energy and infrastructure, demonstrate the country’s strategic vision for future growth. As both nations seek to capitalize on their shared interests, mutual prosperity appears to be the overarching goal of these initiatives.

Original Source: www.arise.tv