6 February 2019

Angola Calls for New Impetus in Cooperation With DRC

Luanda — Foreign minister Manuel Augusto said Tuesday he hopes the new DRC government can give a new impetus to cooperation projects between the two countries.

The diplomat made this statement to Angola's National Radio (RNA) in the ambit of the first visit to Angola, on Tuesday, of the DR Congo Head of State, Félix Tshisekedi, who was sworn in on January 24.

He considered it essential the complementariness and potential of the two economies, which enable rationalizing costs and means.

The minister believes that the Benguela Railway (CFB), connected to the Lobito Port, could be one of the decisive instruments for the development of DRC's mining industry, also benefiting Angola.

Manuel Augusto admitted that Cabinda's electrification could be assured from the DRC's energy capacity, which has one of the largest hydroelectric dams on the African continent, the Inga Dam.

The head of the Angolan diplomacy considered it essential the exchange of experiences between the two states and the need to rationalize the sharing of the exploitation of the Zaire River, Africa's second largest.

The fifth president of the DRC will turn 56 years old on 3 June this year.

Felix Tshisekedi will be received by his Angolan counterpart João Lourenço, with whom he will hold a private meeting, followed by an official lunch.

According to the National Statistics Institute (INE), in the third quarter of the year 2017 the DRC was the second largest destination of Angola's exports, in trade among Africans only behind South Africa, with a total of 4.403 million kwanzas.

In the second quarter, the figure was 4.4 million. These figures, however, fell short of the third quarter exchanges in 2016, which stood at 9.2 million kwanzas.

The latest data put the gross domestic product of the DRC at 35 billion dollars.

Angola already has a GDP of 89 billion.

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