The United Kingdom ambassador to Angola and São Tome and Príncipe, Jessica Hand, confirmed on Tuesday, in Luanda, that the fight against corruption is a very strong sign for attracting British investors.
The diplomat, who was taking part in the programme “Grande Entrevista” on Angolan Public Television (TPA), acknowledged that, at the moment, Angola’s image is changing for the better and consequently its reputation throughout the world.
Jessica Hand said that the partnerships with the International Monetary Fund (IMF), World Bank (WB) and the fight against corruption underway in the country were “very important” for the new business environment in Angola.
Also read: Angola’s AIPEX highlights country’s strength in attracting private investment
Angola and the United Kingdom signed a general cooperation agreement in 1986 and in 2019 they initiated a Memorandum of Understanding and of Political Coordination.
From Jessica Hand’s perspective, the responsibility to boost bilateral relations lies with both countries, creating simpler political and economic conditions.
She acknowledged that since 1990 until today Britain had invested only about £218M in Angola.
