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Friday
Nov012013

France wants a share of Angola’s economic 'miracle'

French Foreign Minister Laurent Fabius’s visit to Angola on Thursday is meant to offer France’s business leaders the opportunity to partake in the African country’s economic boom. But many see Angola’s “economic miracle” as a mirage.

The delegation of business leaders accompanying French Foreign Minister Laurent Fabius on his visit to Angola on Thursday, October 31, is impressive.

Among them are top representatives from Air France, Airbus, BNP Paribas, and Total, all hoping to get a piece of the economic boom the southern African country has been enjoying over the last several years.

The stakes of this diplomatic visit are even articulated on the website of France’s finance ministry, where the Angola page reads: “Few countries in the world have as great a potential as Angola, where, despite the competition, there are several possibilities for French companies.”

China, Portugal and France rally for piece of ‘miracle’

On paper, Angola’s “economic miracle” is obvious. 

To read this interview in full please click here.

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