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 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.
Angolan President João Lourenço has invited Namibia to take a stake in the Lobito refinery, a 200,000-barrel-a-day project so far funded by Sonangol. Namibian President Netumbo Nandi-Ndaitwah has not confirmed any commitment, Mercado reports, as Angola seeks regional partners for the project.
Angola highlighted the Lobito Corridor at a meeting of the African Caucus with Ajay Banga, president of the World Bank Group. The railway link is expected to attract investment, facilitate mineral exports and strengthen regional trade, Mercado reports on the meeting held in Bangkok.