1 July 2014

Angola: Luanda to Host PALOP Economy Summit

Luanda — An African Portuguese-speaking Countries (PALOP) Economy Summit will he held on June 17 this year in Luanda.

The event is part of the celebrations of the 10th anniversary of the Business Confederation of the Portuguese-speaking Community (CPLP).

The information was released on Tuesday in Luanda by the chairman of the event's organising commission, Francisco Viana.

The official was speaking at a press conference that gathered representatives of business associations and firm managers.

The one-day event is intended to promote the strengthening of the African business class, economies and a balanced and fruitful development of the cooperation among the public and private economic agents from Africa and other world markets like the European Union and BRICs.

The meeting will tackle such topics as political independence, capacity building of made-in-Africa micro, small and medium size businesses, internationalisation strategy and the financial instruments of support for the African entrepreneurs, opportunities and constraints.

The event's organising commission chairman, Francisco Viana, also said teh PALOP Business Confederation will be established on June 16 to strengthen the African business class.

The Confederation of Business Associations includes representatives of the PALOP private sector, plus Equatorial Guinea.

The confederation will be tasked with contributing to the capacity building of the African associations and businesses, in the material, financial, human resources, technological and management components.

It will also be assigned to develop efforts to create an economic and social cohesion capable of contributing to the abatement of imbalances within the CPLP.

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