Angola and Germany meet in economic forum

3 July 2015

The 6th edition of the German/Angolan Economic Forum, on 21 and 22 July in Luanda, will be held at the same time as the Luanda International Fair (Filda) at which, this year, Germany has “special guest” status, said a German official.

In a statement cited by Angolan newspaper Expansão, the delegate of the German Economy in Angola, Ricardo Gerigk, said “the forum has established itself over the years as the most significant platform for development of trade and investment relations between Germany and Angola.”

The Luanda International Fair, held from 21 to 26 July selected Germany to be the “special guest” country of the event, which will be attended by a German Federal Ministry of Economy and Energy.

“Filda 2015 is the ideal opportunity to make contacts with new business partners,” Gerigk said, noting that the forum “will provide information on projects and economic cooperation opportunities in the infrastructure, construction, health, industrialisation and energy sectors,” in Angola, and “discuss the risk guarantees and financing conditions” for activities in the country.

Gerigk said around 20 German companies were currently operating in Angola and highlighted catering company LSG Sky Chefs, which sells its services to Angolan airline Taag and employs about 300 people.

German exports to Angola increased 28.7 percent between 2013 and 2014 to around 375.16 million euros and Angolan exports to Germany in the same period fell 72.3 percent to 130.05 million euros. (macauhub/AO)