On May 3, 2025, Angola’s President Joao Manuel Goncalves Lourenco invited Indian businesses to explore strategic export and investment opportunities in sectors like agriculture, pharmaceuticals, and renewable energy. Speaking at the India-Angola Business Forum held in New Delhi, India, he emphasized Angola’s advantageous position within key African trade blocs and underscored the depth of bilateral ties between India and Angola, reinforced through agreements in health, energy, and finance.
Angola’s President Joao Manuel Goncalves Lourenco on May 3, 2025, called upon Indian businesses to expand their global footprint by leveraging Angola’s strategic trade positioning in Africa. The invitation came during the India-Angola Business Forum held in New Delhi, where Lourenco highlighted key sectors for potential collaboration, including agriculture, pharmaceuticals, and renewable energy.
The Government of Angola, a major oil-producing country in Southern Africa, is actively diversifying its economy. With growing access to markets through regional blocs like the Southern African Development Community (SADC) and the African Continental Free Trade Area (AfCFTA), Angola offers Indian firms an entry point into a larger African trade ecosystem.
President Lourenco emphasized that Angola and India share a “solid legal and institutional foundation” developed over decades. Existing bilateral agreements in health, energy, financial services, and diplomatic exchange reflect both nations’ commitment to a structured and mutually beneficial relationship.
We firmly believe that this transformation will only be truly sustainable if supported by strong, fair, and innovative partnerships. India’s business dynamism, technological excellence, and capacity for innovation are qualities Angola deeply values.”
President Lourenco
India is expected to support Angola in building energy infrastructure, educational institutions, and a critical minerals value chain. This initiative marks a strategic step forward in South-South cooperation, where both countries aim to support sustainable development through mutual collaboration and investment.
