Luanda, Sept. 16, 2025 (Lusa) - The United Kingdom and Angola have signed a memorandum of understanding to strengthen the development of Public-Private Partnerships (PPPs), focusing on the transfer of technical knowledge, the creation of project preparation mechanisms and the sharing of best practices.
The agreement was signed in Luanda on Monday by the British Ambassador, Bharat Joshi, and the Minister of Planning, Vítor Hugo Guilherme, providing for access to standardised contractual models, the development of a Project Preparation Mechanism (PPM) and institutional capacity building for the Angolan State.
According to the Ministry of Planning, this instrument will allow British investors to access structured and bankable projects, reducing transaction costs and development times, while mitigating political and operational risks.
The priority sectors identified in Angola include energy, transport, logistics and economic diversification, which are considered to offer a high return on investment.
"This memorandum is more than a document. It is a shared commitment to achieve concrete results in Angola's PPP agenda. It reflects the common ambition to build a fair, transparent and sustainable structure that benefits not only today but also future generations," said Ambassador Bharat Joshi during the signing ceremony.
Speaking to Lusa, the diplomat stressed that, in the first phase, the memorandum does not involve direct financing, but focuses on training Angolan staff and preparing solid projects.
"The United Kingdom brings decades of experience in PPPs. We have learned a lot from our successes and also from our mistakes. We want to share these lessons with Angola so that the country can develop a PPP system that truly serves Angolans," added Joshi.
The ambassador also pointed out that British institutions such as UK Export Finance (UKEF) and British International Investment (BII) could support projects in Angola in the future, taking advantage of access to the London financial market to attract competitive capital.
He added that, in addition to the Lobito Corridor, there are British companies interested in initiatives in the energy, agriculture and mining sectors.
"The Lobito Corridor is very important, but we should not focus solely on it. Angola has opportunities in several areas, and we want to work side by side with the government to turn them into reality," concluded the diplomat.
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