Angola: Cape Verde wants strategic partnership with Angola

10 June 2008

Benguela, Angola, 10 June – Cape Verde has the conditions to establish a strategic partnership with Angola, particularly in the area of business with greatest focus on construction, the Cape Verdean ambassador to Angola, Domingos Mascarenhas said Saturday in Benguela.

The ambassador, who was speaking to Cape Verdeans living in the municipality of Baía Farta, noted that house building was one of the string points of the government programme recently presented by the MPLA, the political party in power in Angola, and thus he believed it was possible for Cape Verdeans living in Angola to help that process.

Mascarenhas noted that Angolan oil company Sonangol already had a stake in fuel distribution company Enacol and Cabo Verde Telecom, and announced that conditions had almost been met to open up a branch of Banco Africano de INvestimentos in Cape Verde.

He also said that the activities of Atlantic Tuna SA, a joint Cape Verdean and Angolan owned company, were “at a good rhythm” and that the two countries intended to implement an agricultural project in the Kibala region, in Kwanza Sul province. (macauhub)