Africa-Press – Angola. The president of the Japanese startup “Ark Edge Space”, Fukuyo Takayoshi, said yesterday that he intends to invest in the technological sector in Angola, particularly in the management of natural resources and mineral exploration in rural areas.
“We are building a satellite network for the management of natural resources and mineral exploration, so at first we want to start investing in rural areas of Angola”, said the businessman at the forum between Angolan and Japanese investors, held yesterday at the Museum da Moeda, in Luanda.
The entrepreneur, who is part of a delegation of 20 Japanese businessmen, said he was very happy to participate in the business meeting in Angola, as he intends to invest in the technological sector.
According to Fukuyo Takayoshi, “he is convinced that Angola is a very powerful country to invest in and that, in addition to gold, it has many rare metals”.
The meeting aimed to create a good environment for greater business collaboration between Angola and Japan.
In turn, the Angolan businesswoman, executive director of BayQi , Fátima Almeida, who attended the meeting with Japanese businessmen, said that the country offers technical conditions to guarantee electronic payments between Angolan and Japanese companies that intend to invest in the national market.
Speaking to the press, on the sidelines of the business meeting between Angolans and Japanese, he underlined that, in relation to electronic payments, there is security, because the market and banking are very evolved.
Fátima Almeida stressed that the country works with the best possible security, with BayQi having a super secure infrastructure and cyber-security policies, meeting the requirements of the National Bank of Angola (BNA).
Regarding the meeting between businessmen from Angola and Japan, the company considered it positive, as it allowed exchanging contacts and knowing how companies can establish partnerships.
On relations between the two countries, available data indicate that between 2020 and 2022, Angolan exports to Japan stood at US$108 million and imports at US$489 million, with a trade balance of US$380 million unfavorable to Angola.
At the center of these commercial transactions, on the part of Angola, are exports of crude oil, propane and butane gas, and imports consisting of vehicles, auto parts, transport materials, machinery, equipment, plastics, rubber, iron and steel.
Cooperation between Angola and Japan began in 1988 as Emergency Aid, via UNICEF, where later, Japan began to provide assistance in the areas of mine clearance, social reintegration of former soldiers and reintegration of refugees.
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