Wednesday, 09 Feb 2011
Published: Wednesday 9 February, 2011
FCO Minister for Africa highlights opportunities in Angola
Following his recent trade visit to Angola in December, Foreign and Commonwealth (FCO) Minister for Africa Henry Bellingham will meet a number of British business representatives this afternoon to discuss his findings and to highlight the real opportunities available in this southern African market.
The event, jointly organised by UK Trade & Investment (UKTI) and the FCO, will include presentations from Alex Vines, Director of Regional and Security Studies at Chatham House; Sandy Burrell Technical Director at URS/Scott Wilson and Karen Neal, Head of UKTI in Angola.
FCO Minister Henry Bellingham said:
“This Government is committed to strengthening bilateral trade relations with Angola, and to ensuring that we have the right foundations that enable sustainable growth and development.
“I visited Angola last December and was incredibly impressed with the many opportunities that exist for UK business, particularly in vocational skills, energy, infrastructure and education sectors. British companies that want to grow their business on African soil should seriously consider this market. The potential here is rich and plentiful."
The event will also provide attendees, who hail from a number of sectors including financial services, construction, energy and education, with the chance to ask questions about trading in Angola, and the support they will receive in this market.
During his visit to Angola in December 2010, Minister Bellingham re-launched the British Business Group Angola (BBGA).
Angola is the third largest economy in Sub-Saharan Africa.
Angola vies with Nigeria to be the largest oil producer in Sub-Saharan Africa
It is the UK’s third largest African market for visible exports.
It is the tenth largest import market in Africa.
Top exports from the UK to Angola 2009 include specialised industrial machinery; general industrial machinery and equipment; iron and steel; manufactures of metals and professional, scientific and control instruments.
Notes to editors
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