On July 2, French President François Hollande arrived in Luanda, Angola with about 50 business leaders, as part of his African mini-tour. This visit is the culmination of the reconciliation process started in 2008 by former President Nicolas Sarkozy. Bilateral relations deteriorated after the Angolagate scandal, which implicated French politicians in illegal arms sales to Angola in the 1990s. With this visit, France is trying to increase its presence in the highly coveted Angolan market. In recent years many countries have been courting Africa’s second largest oil producer, attracted by its rapid growth (average 6% between 2008 and 2013) and its huge economic potential.
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