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2026-09-19T17:35:00.000Z

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Africa's Prospects

Africa's Prospects

The article discusses the reasons and motivations behind the Sultanate of Oman's investments in Africa, particularly in Angola, aimed at strengthening economic and investment cooperation between the two countries through the signing of five agreements and eight memoranda of understanding. It emphasizes the importance of securing sources of wealth, such as palm fronds, to boost national production and transform the Sultanate into a regional hub for manufacturing industries. It also underscores the need to expand collaboration and explore new fields to advance the economic trajectory between the Sultanate and Africa, especially amid international challenges, notably with the United States preoccupied with a lack of interest in peace and the private sector investing in the region.

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