# Angola economic diplomacy and investment efforts > Live situation record from CLSTR: https://clstr.news/situations/angola-economic-diplomacy-and-investment-efforts > Updated: 2026-10-12T16:09:43.000Z. Sources: 18. Developments: 8. Angola continues to pursue economic diplomacy and strategic partnerships to drive national development and economic diversification. President João Lourenço has engaged with European Union officials and international leaders to discuss the Lobito Corridor and the Global Gateway initiative. During the Angola Economic Forum (AEF), discussions have centered on regional integration, tourism, and the role of commercial banking in financing trade. At the 2026 forum, UNITA president Adalberto Costa Júnior urged Angolan entrepreneurs to lead economic development, noting that some wealthy national investors currently move resources abroad. To address agricultural stability, businessman Isaac Cangundo proposed a specialized grain exchange to improve price transparency and facilitate advance purchase contracts. Efforts to bolster the investment climate have turned toward legal and institutional capacity. Jurist Carlos Feijó has called for updates to the Arbitration Law and better training for lawyers to manage investment disputes, particularly following the 2023 Angola-China Reciprocal Investment Promotion and Protection Agreement. Regarding regional integration, Anatólio Domingos of the Ministry of Industry and Commerce emphasized that joining the SADC Free Trade Area requires active market competition. Bilateral relations with Portugal are also evolving. During her first official visit to Luanda, Portugal’s Secretary of State for Foreign Affairs and Cooperation, Ana Xavier, described Angola as an “irreplaceable strategic partner” for Portugal. Both nations are preparing a new Strategic Cooperation Program (PEC) for the 2027-2031 period, aiming for a more pragmatic and results-oriented framework. This follows the current 2023-2027 program, which has seen the execution of 70 million euros supplemented by 187 million euros in credits. Future cooperation is expected to focus on education, health, agriculture, and administrative modernization. ## Timeline ### 2026-10-12: Angola and Portugal plan new cooperation program for 2027-2031 Angola and Portugal are planning a new Strategic Cooperation Program for 2027-2031, building on a current program that has utilized 70 million euros in execution and 187 million euros in credits. 2 sources. https://clstr.news/cluster/angola-and-portugal-plan-new-cooperation-program-for-2027-2031 ### 2026-10-11: Angola implements new financial sustainability and transparency guidelines Angola is strengthening its financial sector through new BNA sustainability regulations and private sector initiatives aimed at economic diversification and ESG risk management. 2 sources. https://clstr.news/cluster/angola-implements-new-financial-sustainability-and-transparency-guidelines ### 2026-09-30: Angola signs strategic transport and electric mobility agreements At the Angola Hub Transporte e Logística Summit 2026, Angola signed deals for the Malanje Corridor railway, electric vehicle charging infrastructure, and logistics financing, with Portuguese business interest. 3 sources. https://clstr.news/cluster/angola-signs-strategic-transport-and-electric-mobility-agreements ### 2026-09-27: Angola promotes tourism and cultural potential at international expos Angola is leveraging international platforms, including tourism fairs in Germany and Japan, to promote its cultural heritage, natural landscapes, and economic potential to global visitors. 2 sources. https://clstr.news/cluster/angola-promotes-tourism-and-cultural-potential-at-international-expos ### 2026-09-25: Angola strengthens legal and economic frameworks for international trade Angola is working to bolster its legal capacity for international investment disputes and enhance industrial competitiveness to leverage regional trade agreements like the SADC Free Trade Area. 3 sources. https://clstr.news/cluster/angola-strengthens-legal-and-economic-frameworks-for-international-trade ### 2026-09-23: Angolan leaders call for increased domestic investment and grain exchange Angolan leaders and business figures are calling for increased domestic investment and the creation of a specialized grain exchange to bolster the national economy and agricultural production. 6 sources. https://clstr.news/cluster/angolan-leaders-call-for-increased-domestic-investment-and-grain-exchange ### 2026-09-19: Angola pursues economic diplomacy amid development funding gaps Angola is pursuing economic diplomacy and regional integration to diversify its economy, despite an annual 7.4 billion euro funding gap for sustainable development goals reported by the AfDB. 8 sources. https://clstr.news/cluster/angola-focuses-on-economic-diplomacy-and-regional-integration ### 2026-09-04: Nigeria pledges to protect investments in Angola Nigeria's Foreign Affairs Minister has pledged to protect Nigerian-owned investments in Angola, specifically highlighting support for the Cidade De Motores auto parts market in Luanda. 3 sources. https://clstr.news/cluster/nigeria-pledges-to-protect-investments-in-angola --- Cite as: Angola economic diplomacy and investment efforts. CLSTR, https://clstr.news/situations/angola-economic-diplomacy-and-investment-efforts