ANGOLA Trends and Developments Contributed by: José Miguel Oliveira, Sara Alves Lourenço, Caio de Mello Ferreira and João Saiago Canjeque, VdA
Oceans. They further pledged to accelerate the next phase of the Corridor with the new Zambia– Lobito rail project. The summit underscored the importance of enabling sustainable private sec - tor investments that unlock inclusive economic growth and sustainable development for local and regional communities. On 5 December 2024, in Luanda, Angola and the US signed two important legal instruments aimed at deepening bilateral co-operation between the two countries in the transport, industry and trade sectors.
These are the Memorandum of Understanding for Infrastructure Capacity Building between Angola’s Ministry of Transportation and the United States Agency for International Devel - opment and the Memorandum of Understand - ing between Angola’s Ministry of Industry and Commerce and the United States Department of Commerce.
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