Angola’s new leader reaches out to the West for help

The leaders of Angola and Portugal during the Nov. 2018 state visit of the Angolan president to Lisbon
Lisbon, Nov. 22, 2018: Presidents of Angola Joao Lourenco (L) and of Portugal Marcelo Rebelo de Sousa pledged to strengthen cooperation (source: dpa)
  • Angola’s new leader has taken energetic steps against corruption and toward reform
  • After decades of Soviet-style mismanagement, the richly endowed African country is wooing the West for investment and help
  • Luanda’s economic strategy is focused on modernizing agriculture and reviving slowly declining oil production

During his visit to Lisbon in November 2018, Angolan President Joao Lourenco described his priorities in three points: fighting corruption, diversifying the economy of Africa’s second-biggest oil producer and broadening Angola’s external relations, to make it less dependent on China.

Both President Lourenco and his host, Portuguese President Marcelo Rebelo de Sousa, concluded that Portugal could help Angola with its economic conversion project, particularly in agriculture and small to medium-sized commercial and industrial sectors.

Not a subscriber yet?

Subscribe now and get the latest in-depth geopolitical analysis and forecasts from GIS’s unrivaled cadre of experts.

Learn more about our subscription plans.

You can also buy this report for €8.99 Buy

Add your comment