Ver Angola


European group Rostchschid wants to open an office in Angola

The Rostchschid Bank has shown interest in opening an office in Luanda. The intention was expressed this Monday, by Thibaud Foucard, president of the bank, during a meeting with the President of the Republic, João Lourenço, in Paris.


According to the businessman, the European group Rostchschid wants to help stimulate the Angolan economy. The responsible explained that with this investment, the entity intends to generate more jobs and make Angola a more prosperous country.

"Mr. President is very happy to know that we can help leverage the potential that the country has, reason why he wished us a warm welcome, hoping that the group's investment can reach the country," he said, quoted by Jornal de Angola.

He took the opportunity to mention the reforms that Angola has underway, highlighting those aimed at improving the business environment.

He explained that the group is experienced in operating in different countries and that the intention now is to expand to Angola: "We have offices implanted in more than 40 countries. It is a very suggestive work that can be done in cooperation with your country", he said.

According to the same newspaper, the European group wants to visit Angola soon. At that time, they expect to be received by João Lourenço for a more detailed conversation about the investment process in the country.

Still during this Monday, the head of state also met with Bertrand Camus, president of the French Suez Company. At the meeting, the officials talked about the Bita project, which foresees strengthening the water supply in Luanda.

Evaluated at 300 million dollars, the project should be ready in two to three years.

"Our group has been working in Angola for several years now. We usually work on water projects, that is, projects of treatment and transport of water," said the official, adding that they intend to "continue to invest" in the Angolan water sector.

The meetings took place on the sidelines of a summit on financing African economies, which is being held in Paris and is attended by several African and European leaders.