João Lourenço doubles down on the fight against corruption.

João Lourenço doubles down on the fight against corruption.

Iin Abu Dhabi, United Arab Emirates, the Angolan President restated that the fight against corruption and impunity remain a priority for the Angolan administration, with a focus in stimulating society and improving the business environment.

João Lourenço was answering questions as part of a panel regarding the Future and the Development of Africa with his counterpart from Mali, Ibrahim Boubacar Keïta, at the opening of the Sustainable Future Summit, in Abu Dhabi's sustainability week, which runs until the 19th of this month. The Head of State said that corruption was one of the greatest evils with which the political class, or part thereof, had to deal with when managing the public treasury, which, as a reflex, ended up affecting society.

In this regard, the Angolan President considers it essential to prioritize the reduction of economic dependence on oil, focusing on the diversification of the economy and greater attraction of national private and foreign investment, which should be forwarded to other branches such as industry, agriculture and technology. According to João Lourenço, the Angolan administration is encouraging a greater presence of the private sector and the reduction of the state's excessive intervention in the economy. In a nod to foreign investment, the president said that Angola is a country of great opportunities which managed to very quickly create a favorable business environment.

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