German President Frank-Walter Steinmeier and Angolan President João Lourenço signed several agreements to strengthen cooperation during Steinmeier’s official visit to Angola on November 5, 2025.
The deals span air transport, agriculture, and industrial development. Key among them is a contract between German carrier Lufthansa and Angola’s national airline, TAAG, under which Lufthansa Consulting will assist in restructuring TAAG.
A separate memorandum of understanding (MoU) outlines plans to establish an agro-industrial development hub with Angola’s Ministry of Agriculture and Forestry, Gauff Engineering KG, and CHB Investment Holding. An exchange of letters formally confirmed all the agreements reached between the two governments.
President Lourenço said the visit would help strengthen bilateral relations. For his part, Steinmeier noted that the agreements reflected both nations’ commitment to deepening cooperation.
The two countries have maintained a comprehensive partnership since July 2011, supported by a bilateral commission involving several ministries. According to the German Federal Foreign Office, bilateral trade totaled about €640 million ($738 million) in 2023, €356 million in imports and €282 million in exports.
Steinmeier’s stop in Luanda forms part of a wider diplomatic tour of North and Sub-Saharan Africa.
Ingrid Haffiny
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
MTN Mobile Money Zambia partnered with Indo Zambia Bank to enable payments via bank POS terminals....
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
A Starlink apresentou um pedido de autorização em junho de 2024 para operar na Namíbia. A empresa continua sua expansão na África, onde já está presente...
Sonatrach to begin drilling at Kafra block in Niger Operations target oil potential across 23,737 sq km area Project revives 2018 discovery with...
Rockefeller, GEAPP commit over $100 million to Mission 300 initiative Funds support electrification planning, coordination, and investment...
South Africa’s Happy Pay raises $5 million to expand BNPL services Funds to boost partnerships, technology, and fraud prevention...
AI forces newsrooms to balance automation with credibility and trust Agentic AI boosts efficiency but risks scaling disinformation...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...