Angola's main interest in the May 23 visit of France's president lies in the ability of French energy company Total to tap the southern African nation's ultradeep oil reserves.
French President Nicolas Sarkozy will visit Angola on May 23, where he is expected to sign several trade deals. Angola is mainly interested in French energy company Total’s ability to develop the southwestern African nation’s ultradeep oil fields.
Sarkozy’s May 23 visit will be the first by a French president to Angola in 10 years. Traveling with him are a number of businesspeople, including ranking officials from the defense electronics company Thales, from the Banque Societe Generale and from energy company Total SA. Deals regarding telecommunications, beverages and credit facilities are expected to be signed during the visit.