- 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.