German businessmen seek opportunities in Cabo Verde and Angola

15 October 2015

German entrepreneurs Tuesday in Cabo Verde (Cape Verde) presented the potential of their companies in energy efficiency and renewable energy, during a symposium held Wednesday in Praia, Angolan news agency Angop reported.

During the first Germany-Cabo Verde Energy Symposium, entitled “Energy Efficiency and Renewable Energy for development in Cabo Verde,” German businessmen expressed interest in partnering with local businesses for distribution and marketing of their products.

The German entrepreneurs said they expect this mission to lead to major partnerships between the two countries and that Cabo Verde would be a platform for entry into the market of the Economic Community of West African States (ECOWAS).

The mission, which takes place from 12 to 16 October, in addition to the symposium, has scheduled a series of individual meetings between German participants and potential Cape Verdean partners at their company premises.

Another mission of German entrepreneurs travelled to Angola but in this country the focus was diamonds, and on Tuesday the delegation met with the chairman of Angolan state diamond company Endiama, Carlos Sumbula.

The chairman of Endiama explained how the diamond industry and diamond sector projects operated, as well as the opportunities that Angola had to offer, particularly in the supply of mining equipment.

According to Angolan news agency Angop, the German businesspeople who are part of this mission are interested, besides the diamond industry, in projects related to construction of hydroelectric power plants. (macauhub/AO/CV)