Angola and Japan explore investment in the Lobito Corridor
By the AFREEQUE newsroom, based on Jornal F8
Angola and Japan are exploring investment in agriculture, energy, mining, agribusiness and infrastructure, particularly the Lobito Corridor. These opportunities were discussed in Luanda by Angola’s Minister of Planning, Victor Hugo Guilherme, and a delegation of Japanese companies, Jornal F8 reports.
Angola and Japan are exploring investment in several strategic sectors, including agriculture, energy, mining and infrastructure for the Lobito Corridor. Opportunities for cooperation were discussed in Luanda at a meeting between Angola’s Minister of Planning, Victor Hugo Guilherme, and a delegation of Japanese companies led by Japan’s ambassador to Angola, Hiroaki Sano, Jornal F8 reports.
The discussions also covered maritime transport, logistics and financial services, seen as ways to boost domestic production and facilitate the movement of goods to regional markets. Victor Hugo Guilherme presented food security and the training of skilled workers as priorities, advocating the adoption of agricultural technologies and the coordinated development of economic corridors, including Lobito and the Southern Corridor.
Sato Joji, executive director in Nairobi of the Japan External Trade Organization (JETRO), said Japanese companies wanted to form long-term partnerships with Angola, focused on technology transfer, employment, training and value chains. The delegation plans to visit Huambo province and areas along the Lobito Corridor to assess projects in productive sectors. Cooperation with the Japan International Cooperation Agency (JICA), particularly on training, was also discussed.
The initiative follows the recent promotion of the Lobito Corridor to the World Bank on 15 October, as part of Angola’s efforts to attract investment in the infrastructure presented to the World Bank.
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
