EU and Angola sign first-ever Sustainable Investment Facilitation Agreement.
The agreement is expected to attract new EU investment to sectors where Angola's potential is currently untapped. The EU-Angola Business Forum confirmed opportunities for investments notably in green energy and agri-food value chains.
Angola is the EU's 6th African investment destination, covering 7% of EU foreign direct investments in the continent, amounting to €14.1 billion stock in 2021. Angola's investment stock in the EU amounted to € 3.5 billion in 2021. The EU is Angola's main trade and investment partner.
Looks like MNB and its agri-food value chain business might have another suite of financiers at the table.
EU and Angola sign first-ever Sustainable Investment...
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