11 October 2018

Angola: Huawei Invests U.S.$60 Million in Angola

Beijing — At least USD 60 million is the amount that was invested in Angola, in the past 20 years, by the Chinese multinational company Huawei, deemed the world's third greatest producer of smartphones.

The information was given last Wednesday in Beijing, China, by the Huawei's vice president, Yi Xiang, who reiterated his company's interest in strengthening its investments in Angola.

With over 172 offices established round the world, Huawei Technologies Co. Ltd comes third in the ranking of the world's best technological companies after Samsung Electronics and Apple Inc.

Huawei, whose main headquarters are in the Chinese city of Shenzhen, recorded in 2017 an increase of 28 per cent in profits, which reached 47.5 billion yuans.

Founded in 1987, the Chinese multinational company has over 200,000 workers.

ANGOP has learnt that the company is now focusing on setting an office in Angola.

According to Huawei's vice president, Yi Xiang, the company started to expand its business outside China and Angola is one of the preferable places for such undertaking.

He went on to say that in Angola the company has been developing the 2G, 3G and 4G technological systems, with the present focus being on helping Angola improve its sectors of infrastructures and communications.

"We'd like to contribute with our technological efforts to take the digital interconnected world to each person, family and organisation in Angola", Yi Xiang said this to the press on the fringes of the visit on Wednesday to Huawei's technological centre of the Angolan Head of State, João Lourenço, who is due back in the country on Thursday, after a two day state visit to China.

On the occasion, the Yi Xiang offered the Angolan President an emergency communication system to be installed in the premises of the Angolan Presidential Palace.

"In the past, the emergency communication system was based on sound and analogical signals, but now, with the new system, we can communicate through video, which facilitates even more in cases of emergency", he explained.

In the end of the visit to Huawei's technological centre, the Angolan Head of State - accompanied by the First Lady, Ana Dias Lourenço, and his governmental delegation - left for Tianjin City, in fulfilment of his official visit agenda.

Angola

Portuguese Pig Farmers Intend to Help Angolan Counterparts

The chairman of the Portuguese Federation of Pig Farmers Associations, Victor Menino, last Thursday in the centre-west… Read more »

See What Everyone is Watching

Copyright © 2018 Angola Press Agency. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 600 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.