Regarding the role that Angola can play in unlocking Africa's economic growth, the director of Medium Enterprises at Standard Bank of Angola (SBA), Dorival Manuel, argued that the country stands out as "one of those with the greatest potential for development and countless opportunities for growth".
"Angola has a vital importance in the process of stabilization and development of Sub-Saharan Africa, thanks to its strategic geographic location, abundance of natural resources, a young and dynamic population, and because it is moving towards a process of industrialization and investment in local production", highlighted Dorival Manuel.
The SBA director pointed to the Lobito Corridor as one of the significant investments in critical infrastructure, fundamental for promoting regional development. "These strategic elements allow Angola not only to create solid foundations for its own sustainable growth, but also to contribute decisively to the economic progress of the entire African region. The country has the conditions to position itself as one of the main 'players' and positively influence the unlocking of Africa's growth, consolidating itself as an essential pillar in the construction of a prosperous, stable and sustainable future for the continent".
Regarding the sectors in which Angola can assume a more intervening role in the development and progress of the African continent, Dorival Manuel highlighted: Energy and Natural Resources; Infrastructures (ports, airports, roads and railways); Agriculture; Tourism; Commerce and Industry.
The Commercial and Business Banking Conference agenda included separate sessions on Africa's competitive advantage in seeking growth opportunities, advancing trade, harnessing renewable energy potential, as well as exploring ways to navigate unique challenges and opportunities faced by family businesses across the continent. 'Growing together in a fragmented world' was one of the themes of the conference panels, which included the participation of the CEO of the Naval Group, Simon Tecleab.
