Angola's government wants to deepen cooperation with the United Kingdom to attract more British private investment and accelerate economic diversification, Finance Minister Vera Daves de Sousa said on Thursday, 10 September, speaking in London.
The minister revealed that Angola's Private Investment and Export Agency (AIPEX) has already approved 18 British investment operations valued at a combined $395 million.
The projects span sectors including technology, telecommunications, energy, mining, services, and non-banking financial activity.
Facing limited fiscal space, Vera Daves de Sousa made the case for greater use of alternative infrastructure financing models, particularly public-private partnerships (PPPs). The minister said Angola intends to create the conditions for more projects to proceed exclusively on private capital.
"We are open to all suggestions and private investment initiatives that help us close the infrastructure gap more quickly — and that gap is still significant," she said.
The minister highlighted investments made over the past eight years in sectors including energy, health, roads, railways, and water supply. The Lobito Corridor was cited as one of the primary examples of infrastructure concession.
In the transport sector, the government is also studying a similar concession model for the Northern Corridor, although that project remains at an early stage of feasibility studies.
Angola is also preparing concessions for the ports of Caio, Namibe, and Lobito. The concession of the Dr António Agostinho Neto International Airport is expected to be concluded by the end of September, according to the minister.
In the energy sector, the government identifies opportunities primarily in the construction of transmission lines. The strategy involves leveraging Angola's electricity generation capacity to supply neighbouring markets through public-private partnerships.
Zambia, Namibia, and the Democratic Republic of Congo are among the potential target markets. The objective, according to Vera Daves de Sousa, is to close at least one electricity export deal by 2027.
The minister argued that greater participation by the British private sector could help Angola mobilise capital, expertise, and technology to accelerate economic diversification and reduce its infrastructure deficit.
Source: Diário Económico
Original article: https://www.diarioeconomico.co.mz/2026/09/11/mundo/angola/angola-governo-quer-atrair-mais-investimento-britanico-para-diversificar-economia/
