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Fri, 17 Feb 2017 15:24 - Updated Fri, 17 Feb 2017 15:24

French companies invest in Angola's economic growth

PARIS - French companies are willing to monitor economic developments in Angola, Gérard Wolf, a representative of the French Business Movement (MIDEF), said Thursday in Paris.

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"We are present. We are the third international investor in Angola and we have more than 70 business units operating in the country, "said Gérard Wolf, speaking at the end of a meeting with Governor of the National Reserve Bank of Angola, Valter Filipe.

"The data we have about Angola's economy makes us mutually supportive. We do everything possible so that Angola can be a diverse, modern and innovative economic power ", continued the MIDEF representative.

He said that along with this effort it is important that the economic situation of the country improves.

He said the targets set by the governor of the Central Bank of Angola are promising, including the adequacy of the Angolan financial system to good international practices, fundamentally those defined by the European Central Bank (ECB) and the European Banking Supervisory Authority.

The aim of the French Companies Movement (MIDEF), for the Angolan market, is for French companies to succeed in the country.

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