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EXIM to Advance U.S.-Angola Commercial Relationship

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President of the Export-Import Bank of the United States (EXIM), Reta Jo Lewis, explored and discussed opportunities for the U.S. and Angola to deepen commercial relationship and diplomacy during her visit to the southern African country last month.

During the visit, Lewis met with U.S. and Angolan high-level representatives from both the private and public sectors including João Lourenço, the Angolan President; Tulinabo Mushingi, U.S. Ambassador to Angola; Antonio Belsa da Costa, Secretary of State for Energy, Angola and Vera Daves, Angola’s Minister of Finance.

“From our very first transaction in Angola back in 1942, to our most recent deal ­– a historic solar energy project that was approved just last month­­– EXIM has worked for decades to provide financing support to U.S. exporters doing business in Angola,” stated Lewis, adding that the credit provider is committed to continuing financing projects which add value to both economies.

Her meetings centered around prospects to expand commercial diplomacy between the two countries and for U.S. exporters in Angola, as well as how EXIM financing can be leveraged to support female entrepreneurs and in creating good paying jobs in Angola and the U.S.

The Chair also had meetings with Angolan women entrepreneurs; Jose de Lima Massano, Angola’s Minister of State for Economic Coordination; Ricardo D’Abreu, Minister of Transport; Minister of Telecommunication and Information Technology, Mario Oliveira and Minister of Economy and Planning Mario Augusto Caetano João.

The visit followed EXIM announcing a $900 million financing package to fund the development of a 500 MW solar project being developed by SunAfrica in Angola.

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ANGOLA OIL & GAS 2023

The Angola Oil & Gas conference returns to Luanda for its third edition from September 13-14 this year under the theme, ‘Investing in Angola’s Oil and Gas Infrastructure is Investing in the Future.’ Building on the success of previous editions, the conference aligns with national efforts to initiate new investment, forge long-term partnerships and bolster project progress while solidifying the country’s position as a regional hub. Contact our sales team at sales@energycapitalpower.com to see how you can participate in this exciting forum.

ANGOLA OIL & GAS 2023

The Angola Oil & Gas conference returns to Luanda for its third edition from September 13-14 this year under the theme, ‘Investing in Angola’s Oil and Gas Infrastructure is Investing in the Future.’ Building on the success of previous editions, the conference aligns with national efforts to initiate new investment, forge long-term partnerships and bolster project progress while solidifying the country’s position as a regional hub. Contact our sales team at sales@energycapitalpower.com to see how you can participate in this exciting forum.

Nicholas Nhede

Nicholas Nhede

Nicholas is an energy sector journalist with a passion on how technology and diversification of the energy mix can be used to address energy sector challenges. Nicholas holds a diploma in Journalism and Communication studies and has been covering energy-related topics including the Internet of Things, distributed energy and digitalisation since 2015.

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