Brazil and Angola Cement Economic Ties with $1.5B Trade Surge and Strategic Deals

Brazil and Angola Cement Economic Ties with $1.5B Trade Surge and Strategic Deals

Brazilian President Luiz Inácio Lula da Silva and Angolan President João Lourenço solidified economic collaboration during a May 23 summit in Brasília, leveraging historical ties to unlock new trade pathways. Bilateral trade reached $1.56 billion in 2024, with Angola supplying 94% of Brazil’s crude oil imports ($1.07 billion) and Brazil exporting machinery, sugar, and frozen […]

Angolan President João Lourenço selected as ‘Energy Person of the Year’

Angola’s President João Lourenço has been selected as the ‘Energy Person of the Year’ by the African Energy Chamber (AEC), in recognition of his drive for good governance, commitment to reform and work to address corruption in Africa. The award recognises President Lourenço’s instrumental role in transforming Angola into one of Africa’s biggest oil and …

Angola strengthens bilateral cooperation with Brazil

A recent trip to Brasilia by the Angolan president culminated in new agreements across key sectors, including energy and agriculture The post Angola strengthens bilateral cooperation with Brazil appeared first on Macao News.