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· The first business summit promoted by the Business Confederation of the Community of Portuguese-language countries (CE-CPLP) will be held at the capital of Equatorial Guinea, Malabo
· Around 250 businesspeople from Portugal, Mozambique, Angola and Cabo Verde are due to meet in the three day meet, which kicked off from Wednesday (today)
· Gas, tourism, agriculture, fishing, asset valuation, banking, training are some of the sectors of Portuguese companies taking part in the business summit will be scouting for investment opportunities.
The first business summit promoted by the Business Confederation of the Community of Portuguese-language countries (CE-CPLP) will be held at the capital of Equatorial Guinea, Malabo. Around 250 businesspeople from Portugal, Mozambique, Angola and Cabo Verde are due to meet in the three day meet, which kicked off from Wednesday (today) . Besides, there will be representation from several institutional representatives from Portuguese-speaking countries.
The biggest delegation is from Portugal, comprising representatives of 70 companies, followed by Angola accounting for participation of 30 companies. From Mozambique, there will be 20 delegates mostly representing various business interests. Cabo Verde will represent a few businessmen as also the country’s largest chamber of commerce.
President of Cabo Verde and acting president of the CPLP, Jorge Carlos Fonseca, will speak “online” at the meeting. TSao Tome and Principe will be represented at the highest level by President Evaristo Carvalho. The host country’s president , Teodoro Obiang, will attend and address the summit.
From Angola, a delegation led by the Minister of Industry and Trade, Victor Fernandes, is expected to attend, while Portugal’s representative in Malabo, Frederico Silva, is expected to represent the country.
Gas, tourism, agriculture, fishing, asset valuation, banking, training are some of the sectors of Portuguese companies taking part in the business summit will be scouting for investment opportunities.
Equatorial Guinea is the third oil producing country in sub-Saharan Africa, after Nigeria and Angola. It has significant natural gas reserves. Hydrocarbons contribute about 60% of the Gross Domestic Product.
