UK Set to Boost Investments in Angola’s Health and Agriculture Sectors

Luanda: The United Kingdom's Deputy Trade Commissioner for the African continent, Ben Ainsley, expressed on Tuesday, Feb 25, in Luanda, his country's interest in investing in Angola's health and agriculture sectors. The Commissioner was speaking to the press at the end of an audience granted to him by the Minister of Industry and Commerce, Rui Minguªs de Oliveira, to whom he highlighted the need to strengthen the partnership for the country's development.

According to Angola Press News Agency, Ben Ainsley stated that he visited Angola to hold meetings with businesspeople and the Angolan Government to strengthen ties and partnerships across several sectors. In response, Rui Miguªns de Oliveira emphasized that the meeting provided an opportunity to assess issues related to improving the business environment and the potential of Angolan and British businesspeople.

The Minister noted the crucial role of private entrepreneurs in creating companies, fostering growth, and ensuring the production of locally made products, which is vital for the harmonious growth of all Angolans. He also pointed out the visible impact of the Government's investment in agriculture, as evidenced by the increased availability of local agricultural products in the market.

Reaffirming the Angolan Government's focus on the private sector, the minister added that the meeting aims to strengthen bilateral ties between the two countries, promote economic growth, create jobs, and support sustainable development.

During his visit, Ben Ainsley is scheduled to engage with heads from various sectors to explore cooperation opportunities and potential investments in areas such as agriculture, infrastructure, mining, education, and financial services.

Diplomatic relations between Angola and the UK began in 1986, leading to cooperation in trade, investment, defense, education, and development support. Currently, the UK is a strategic partner for Angola, with significant British investments in energy, mining, and finance sectors. British companies maintain a strong presence in Angola, especially in the oil industry, while there's a growing focus on economic diversification through initiatives in agriculture, infrastructure, and technological innovation. Both countries continue to engage in regular consultations to reinforce diplomatic cooperation.