Angola President Lourenco invites Indian businesses for logistic opportunities; India looks for  joint exploration in mining & diamond processing

Angola President Joao Manuel Gonçalves Lourenço, on May 4, invited Indian businesses to leverage Angola’s strategic location for export strategies. The relationship between Angola and India is built on a solid legal and institutional foundation, developed over decades of cooperation. The existing bilateral agreements, in areas such as health, energy, financial services, and diplomatic mobility, reflect both countries’ commitment to a structured, transparent, and mutually beneficial partnership, stated Lourenco.

“We invite Indian entrepreneurs to explore these logistical opportunities that can place Angola at the centre of their “We invite Indian entrepreneurs to explore these logistical opportunities that can place Angola at the centre of their export strategies, both for Africa and the wider world,” said the President.

Kirti Vardhan Singh, Minister of State for External Affairs and Environment, Forest & Climate Change, said, “Looking ahead, there are several priority sectors where we can deepen collaboration. In the energy sector, we can develop oil and gas infrastructure and partner on clean energy. In the field of education and skilling, India can play an important role in education and capacity building, through high tech training and increased number of scholarships.”

CII President Sanjiv Puri addressed the gathering and spoke about the areas of opportunities between India and Angola.  “Angola has a very strong mining sector and the third largest diamond production in Africa.”

“The country also possesses repositories of critical minerals, including copper, gold, uranium, lead, and zinc. I truly believe that joint exploration in diamond processing and other critical minerals would develop a critical minerals value chain, potentially impacting crucial sectors like RE and EV manufacturing, ” Sanjiv Puri said.