Tuesday, April 23, 2024
African AffairsGovernment BusinessNews

Malawi to Explore Fuel Deals with Angola – Chakwera

 

The Malawi President, His Excellency Dr. Lazarus McCarthy Chakwera, has lined up a bilateral meeting with the Angolan President, His Excellency João Manuel Gonçalves Lourenço on the sidelines of the SADC 43rd Ordinary Summit of Heads of State and Government.

The Malawi leader, who arrived in Angola’s capital, Luanda, this morning is attending the SADC annual event which is, this year, holding the theme: “Human and Financial Capital: Key Factors for Sustainable Industrialization in the SADC Region”.

Announcing his intended bilateral interface with his Angolan counterpart, the Malawi President has hinted that he intends to explore energy deal with Angola, a country which is ranked the second largest oil-producing country in the sub-Saharan Africa.

The Malawi leader contemplates that as one of the oil giants in the Sub Saharan Africa, Angola which is also member of the Organization of the Petroleum Exporting Countries (OPEC) could be could be a strategic partner with which to enhance diplomatic ties for Malawi’s energy sector needs.

“…we will discuss diplomatic ties and trade cooperation. We will also explore opportunities in the Energy sector in view of Angola’s competence as the second largest oil producing country in sub-Saharan Africa and member of the Organization of the Petroleum Exporting Countries (OPEC)”, says the Malawi leader in his update to the nation via his official Facebook platform.

Malawi President His Excellency Dr. Lazarus McCarthy Chakwera during 43rd SADC Heads of States and Government summit in Luanda, Angola

According to the login agenda, the Luanda-hosted summit will seek to build on the positives that member countries have realized from previous resolutions and address bottlenecks being encountered in implementing their collective strategic vision which is reflected in SADC Agenda 2050, Regional Indicative Strategic Plan 2020-2030, Regional Infrastructure Development Director Plan as well as the SADC Strategy and Industrialization Roadmap 2017-2063.

Meanwhile, Malawi is ticking well in harnessing regional economic corporation by embarking on strategic international projects such as power interconnection with Tanzania and Mozambique as well as border integration with Zambia and Mozambique to enhance Malawi’s power supply and trade processes respectively.

Editor In-Chief
the authorEditor In-Chief