Luanda to host Angola-Nigeria investment forum

18 November 2009

Luanda, Angola, 18 Nov – An Angola-Nigeria investment forum is due to be organised in February 2010, in the Angolan capital, with a view to increasing bilateral business, Nigeria’s ambassador to Angola, Layiwola Laseinde said in Luanda Monday.

Speaking to Angolan news agency, Angpop, the ambassador said that this meeting would make it possible to identify new areas for investment, as well as to boost existing business between Angola and Nigeria.

“All Angolans interested in investing in Nigeria and vice-versa will meet at this forum to find solutions, in order to move ahead with those intentions,” he said.

According to the ambassador, the main aim of the meeting is to boost bilateral relations, contribute to closer economic ties and social interaction between the two States.

Laseinde also said that his country was studying ways of establishing a direct link with Angola over the next few months.

According to Laseinde, this link could be of great benefit to the circulation of people and goods between the two countries.

Angola and Nigeria are members of the Organisation of Petroleum Exporting Countries (OPEC), of the United Nations and the African Union, have common interests and cooperate in specific areas due to the similarity of their territories, specifically in the oil, fisheries and education sectors, amongst others. (macauhub)