Luanda, Angola, 16 June – The first edition of the Export Angola Salon is due to take place in Luanda from 23 to 25 June in a partnership between the Trade Ministry and the Africa Export-Import Bank (Afreximbank) said the chairman of the Luanda International Fair (FIL), Matos Cardosos.

According to state newspaper Jornal de Angola, Matos Cardoso said that the event, which would involve well-reputed companies such as “big players” in the Angolan production sector, aimed to promote exports of raw materials and manufactured products from Angola.

The chairman of FIL said that the salon aimed to respond to Angola’s strategic aims of exporting national products, a better balance of trade, reducing is dependence on oil, increasing its domestic capacity, developing its manufacturing industry and growth of its domestic subsistence.

The Afreximbank is an international financial institution set up by the African states and their national financial institutions, in order to promote development of trade on the continent through a variety of funding facilities provided to African countries and exporting companies.

Some 40 companies considered to be some of the most representative in Angola are due to attend the salon including Águas de Bom Jesus, Cuca BGI, Nova Cimangola, Endiama, Sonangol, Unitel and Induve.

Matos Cardoso said that, following the event, a further two events would be held between 23 and 26 June: The Furniture and Decoration Salon and the Angola Real Estate Salon in partnership with the Industrial Association of Portugal (AIP). (macauhub)