afrol News, 30 July - The Angolan government has welcomed new developments coming into the country through the African Development Bank (AfDB), saying the new partnership would steer economic growth.

The minister of planning, Ana Dias Lourenço, said today that the relations with the Bank will contribute to the country's economic growth. “This is an institution that should learn about the reality of our countries, and this visit will give way to this desire”, the minister told journalists at the end of the meeting between president José Eduardo dos Santos and the President of AfDB, Donald Kaberuka.

The minister also said that the AfDB has been assisting in projects such as agriculture, construction and environment, adding that the country would seek to expand the relations to more strategic projects in infrastructure, transport, health and private sector development, for the benefit of the country.

The AfDB has announced the opening of an office in Luanda as part of its expanded mission in the country.

According to Mr Kaberuka, the bank was impressed with Angola's rebuilding efforts after almost three decades of civil war.

He said AfDB will continue to support the oil-producing nation's rebuilding efforts.

Angola has already sealed a loan deal with the bank earlier this year to the tune of $18.6 million, to boost its rebuilding and economic revival programmes.

By staff writer

© afrol News

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