More Than 110 Serbian and Angolan Business Representatives Open a New Chapter in Economic Partnership

Serbia and Angola are committed to opening a new chapter in their partnership based on stronger economic ties, mutual investments, and joint business ventures. Entrepreneurs from both countries can count on the highest level of political support for their initiatives and investments, Serbian President Aleksandar Vučić and Angolan President João Manuel Gonçalves Lourenço emphasized at the roundtable discussion “Serbia and Angola: From Successful Projects to New Partnerships – 50 Years of Friendship and Cooperation.”

The attendance of more than 110 business representatives from Serbia and Angola, representing sectors ranging from agriculture, construction, and IT to trade and services, is the strongest confirmation of the significant interest in investments, partnerships, and concrete business arrangements, said Marko Čadež, President of the Chamber of Commerce and Industry of Serbia (CCIS).

Addressing the business community, President Vučić stated that he expects investors from Angola to come to Serbia and highlighted the vast opportunities for cooperation across numerous sectors, particularly in agriculture.

“I would like to invite all businesspeople from Angola to come to Serbia, and I would also encourage everyone who sees an opportunity to generate profit and build successful businesses to invest in Angola. Angola is a friendly country,” President Vučić said.

He noted that Angola was represented in Serbia by a highly distinguished delegation and that the event had brought together representatives of all key Serbian government bodies, agencies, institutions, and private companies.

“Some of these companies have already invested in Angola, while others are planning to do so. Angola is a very attractive investment destination for them, just as I believe we will soon see a significant number of companies from your beautiful country showing interest in investing in Serbia,” Vučić said. He added that Angola is one of the most important economies in Sub-Saharan Africa, with a population exceeding 35 million, while the oil sector continues to play a crucial role in its economy.

President Lourenço invited the Serbian business community to explore the potential of the Angolan market and take part in the country’s ongoing economic transformation.

“We want to open a new chapter on the path toward a strategic partnership by deepening our economic and business relations. This meeting provides an opportunity to identify business prospects that will benefit both sides,” Lourenço stressed. He recalled that Angola has implemented significant reforms in recent years aimed at creating a secure and predictable business environment for both domestic and foreign investors.

CCIS President Marko Čadež assessed that the strong turnout of companies demonstrates that the business community recognizes concrete opportunities for cooperation and business expansion in both markets.

“More than 110 business representatives from Serbia and Angola have gathered today with a clear objective: to find new partners, conclude business deals, and launch joint projects. Such strong interest confirms that companies are eager to capitalize on the renewed momentum in bilateral relations and transform traditional friendship into tangible results,” Čadež emphasized.

The potential for enhancing economic cooperation was presented by Mihailo Vesović, Vice President of the Chamber of Commerce and Industry of Serbia. He highlighted the significant development of the Serbian economy and investments over the past decade, particularly in the IT sector, mechanical engineering, food industry, services, and trade.

Vesović pointed out that Serbia pursues an open trade policy and has established a broad network of free trade agreements with numerous countries worldwide, making it an attractive investment destination and a platform for accessing multiple international markets. He also emphasized the untapped potential for cooperation with Angola and the importance of strengthening ties between companies from the two countries.

Investment opportunities in Angola were presented by Jerónimo Pongogola, Chief Executive Officer of the Angolan Private Investment and Export Promotion Agency (AIPEX), while Marko Cilić, Chief Executive Officer of Nelt Group, shared the company’s successful business experience in Angola, where it operates a confectionery production facility.

The roundtable, held at the Palace of Serbia, was attended by Serbian Government ministers Adriana Mesarović, Jagoda Lazarević, Marko Đurić, Bratislav Gašić, Sara Pavkov, Dragan Glamočić, Boris Bratina, and Aleksandra Sofronijević, as well as Mihailo Jovanović, Director of the Office for Information Technologies and eGovernment. Earlier in the day, Serbia and Angola exchanged ten bilateral documents aimed at strengthening mutual cooperation.

Following the plenary session, B2B meetings were held between Serbian and Angolan companies, focusing on concrete projects and new business arrangements in agriculture, construction, information technology, trade, and services.