By Abdul Rahman Bangura–
NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The President of Angola – João Lourenço on July 9th, this year, underscored the necessity to extend and exacerbate partnership between Angola and São Tomé and Príncipe.
In an announcement expressed to his counterpart – Evaristo do Espírito Santo Carvalho, observing the 45th anniversary of the National Independence of Sao Tome and Principe, the Angolan Head of State reassured that, both nations have an identical narrative and political trajectory, that perform as a component of nearness between the two nations.
According to President Lourenco of Angola, a combined excursion is essential as away to attain a wide frame of undertakings of public interest, intending for at the progress, development and welfare of citizens.
“On this date of great importance for your people, I join in expressing my gratitude for the successful efforts undertaken by the brave sons of this Nation, who from a very early age put all their commitment and tenacity towards the achievement of freedom and the construction of a stable, prosperous tenacity a solid and exemplary democracy,” reads the letter.
Angola and São Tomé and Príncipe signed an Agreement for Reciprocal Protection of Investments in 1995, with a view to creating favorable conditions to stimulate private initiatives and intensify economic cooperation between the two States.
As part of this partnership, some Angolan investments were made in São Tomé and Príncipe, including the purchase of the Rosema brewery in 1990, through an investment achieved, via an international public tender, by the Angolan businessman Melo Xavier.
The two countries, which cooperate in political, diplomatic and economic fields, are members of the Community of Portuguese-Speaking Countries (CPLP) and the African Portuguese-Speaking Countries (PALOP).
For New Africa Business News (NABN) Abdul Rahman Bangura Reports, Africa Correspondent
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