New york: Angolan Head of State Joo Louren§o met with the Minister of State of the United Arab Emirates, Sheikh Shakhboot bin Nahyan Al Nahyan, in New York to explore areas of mutual interest and strengthen bilateral relations. The discussions focused on enhancing collaboration in sectors such as agriculture, industry, renewable energy, and infrastructure, continuing the upward trajectory of relations established in 1997.
According to Angola Press News Agency, the relationship between Angola and the UAE has been marked by a series of high-level exchanges and investments. Recently, both nations signed 44 legal agreements in Luanda, covering diverse areas including visa exemptions for certain passport categories, military cooperation, public finance management, and customs. Additionally, these agreements extend to sectors like agriculture, mining, health, banking, culture, education, sports, anti-corruption efforts, and artificial intelligence.
This development follows a state visit by His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates, to Angola, which was at the invitation of President Joo Louren§o. This visit is seen as a significant milestone in the bilateral relations between the two countries.
On the sidelines of the 80th United Nations General Assembly session, President Louren§o also met with Nail Olpak, president of the Turkish company Pak Yatirim, and Samaila Zubairu, president and CEO of the Africa Finance Corporation. These meetings aim to further enhance Angola's economic ties and attract investment.
During a High-Level Roundtable of the United Nations-African Union Dialogue, Louren§o emphasized Africa's potential in achieving economic goals through its natural resources. The event, organized by the Global Africa Business Initiative (GABI), highlighted Africa's growing consumer markets, which are poised to attract investment and strengthen regional value chains.
In a related GABI event, President Louren§o addressed investors and international partners, asserting that Africa's strategic resources are vital in tackling the current global energy and food crises. He noted the continent's capacity for expanding hydroelectric and photovoltaic energy, particularly highlighting the potential in countries like Morocco and Angola. Louren§o also pointed out Africa's abundance of rare minerals crucial for manufacturing batteries for electric vehicles and electronic appliances.
