Montenegro wants Portugal to bridge Ibero-American investment and Africa

Portuguese Prime Minister Luís Montenegro expressed Portugal's readiness to act as a bridge between the Ibero-American community and Africa, emphasizing investment opportunities across various sectors. Speaking at the 16th Ibero-American Business Meeting in Madrid, he highlighted the importance of connectivity through submarine cables linking the continents. Montenegro noted Portugal's support for investments in Africa, particularly in Angola and Mozambique, and mentioned innovative financing models with Cape Verde and São Tomé and Príncipe. He also emphasized the significance of the Portuguese-speaking community, which includes around 900 million people, and announced a triangular cooperation fund for 2026-2028 to strengthen ties between Ibero-America and Africa.