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Towards a Business Enabling Environment: Angola Drills Down on Investment Incentives, Local Content Support

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Angola

Angola’s Ministry of Mineral Resources, Petroleum and Gas is committed to creating new opportunities for the people of Angola through oil and gas projects, industry reforms and local content development

LUANDA, Angola, June 14, 2024/APO Group/ — 

Angola is leveraging industry-wide reform to not only attract new investments across its oil and gas industry but to unlock a wealth of opportunities for the people of Angola. Under the guidance of the Minister of Mineral Resources, Petroleum and Gas Diamantino Pedro Azevedo, the Ministry has strengthened the environment for doing business in Angola, with regulatory amendments, partnerships with IOCs and a deliberate intention to empower state-owned institutions making the market more attractive than ever.

The African Energy Chamber (AEC) – representing the voice of the African energy sector – met with Minister Azevedo in Luanda to discuss what the country has done to attract investment. Part of a working visit to the country by the AEC, the three-hour session delved into ongoing oil and gas projects; how empowering institutions such as the National Oil, Gas & Biofuels Agency (ANPG); Sonangol; and the Oil Derivatives of the Republic of Angola (IRDP) has created a competitive industry; and the critical role of local content development in the country.

In recent years, the Angolan government has implemented a series of measures to enhance the investment landscape, with regulatory reforms and supportive policies laying the foundation for billion-dollar deals in the oil and gas space. Instituted reforms include optimizing a focus on deepwater projects, offering attractive terms for onshore exploration, and incentivizing local Angolan companies. Additional measures include the establishment of the New Gas Consortium to enhance gas exploration; restructuring the national oil company Sonangol; and the introduction of downstream regulator IRDP. Concurrently, Angola is boosting oil production through a six-year licensing round spearheaded by Angola’s upstream regulator the ANPG. This initiative includes production sharing negotiations for offshore blocks and aims to revitalize exploration in the Lower Congo and Kwanza Basins.

The government continues to address challenges to doing business by promoting travel and commerce, tackling above-ground risks such as visas, and engaging with Angolan companies

To support companies doing business in Angola, the country has also imposed a series of travel policy amendments. In 2023, the country implemented a measure that allows citizens from 90 countries to travel to Angola visa-free. The policy supports travel and commerce to Angola, making the country that much more attractive to foreign companies. Additionally, the country implemented a one-stop-shop for local content compliance in the oil and gas industry, enhancing transparency and policy implementation across the sector. In tandem with an amended Local Content Policy – which provides greater clarity on local content requirements and creates new avenues for local service providers – the one-stop-shop creates revenue-generating opportunities for the country.  

Recent project developments in Angola reflect the positive impact of these reforms, with various IOCs making significant progress in developing large-scale oil and gas projects. TotalEnergies, for example, is driving a multi-energy strategy in Angola, which includes investments in deepwater exploration and the development of the $850 million Begonia field. The company made FID on the $6 billion Kaminho development last month, the largest deepwater development in the Kwanza basin. The development comprises the Cameia and Golfinho fields and will come online by late-2025. Additionally, the Agogo Integrated West Hub Development – operated by international energy company Azule Energy and located in Block 15/06 – is expected to produce 120,000 barrels per day (bpd). Production is set to commence in 2026 and the project forms part of a broader effort to increase national oil output and utilize existing infrastructure efficiently.

ExxonMobil is also making progress with exploration endeavors. The company has plans to invest up to $15 billion in developing hydrocarbons in the company, following the success and outcome of ongoing exploration projects. ExxonMobil recently completed drilling operations at the Likember-01 research well in Block 15 offshore Angola between February and April 2024. The drilling in the Kizomba B development area uncovered high-quality hydrocarbon-bearing sand packages, which indicate significant potential for further exploration and production. This discovery underscores the ongoing success of Angola’s efforts to attract major international oil companies and highlights the country’s rich hydrocarbon resources.

On the gas front, the Angola LNG Project – a partnership between Sonangol and energy majors Chevron, TotalEnergies and Azule Energy – aims to boost the country’s LNG production capacity. With a capacity of 5.2 million tons per year, the project has been producing and exporting LNG for several years, positioning the country as a gas-driven economy. Additionally, a new terminal and logistics hub in Soyo will produce 65,000 bpd and store 2 million barrels. This Public-Private Partnership project offers importation exemptions and a ten-year tax break, with operations set to begin in 2026 and a license duration of 15 to 25 years.

“Angola continues to attract investment through various initiatives and the results are already showing in the oil and gas industry. By offering new exploration blocks, enhancing local content policies to boost domestic industry participation and improving infrastructure to support project logistics, the country is creating a robust and sustainable energy sector that contributes to Angola’s economic growth,” states NJ Ayuk Executive Chairman of the AEC. “The government continues to address challenges to doing business by promoting travel and commerce, tackling above-ground risks such as visas, and engaging with Angolan companies. This will catalyze growth in the country and the AEC fully supports Minister Azevedo and the country.”

Distributed by APO Group on behalf of African Energy Chamber.

Business

Why Your Communications Strategy is Undermining Your Decisions (By Bas Wijne)

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Bas Wijne

As markets become more complex and information moves faster, communications is now part of strategy, embedded in how boardroom decisions are formed, framed, and executed

For organisations operating across multiple African markets, fragmented communications create fragmented decisions

JOHANNESBURG, South Africa, May 13, 2026/APO Group/ —By Bas Wijne, CEO, APO Group (https://APO-opa.com).

 

At last month’s PRCA South Africa conference, the leading PR and communications forum in the region, I joined a panel on PR as a Strategic Advisor: Ethics, Sustainability and Boardroom Influence alongside Annaleigh Vallie (Executive Head of Integrated Communication, Nedbank), and Larry Khumalo-MacArthur (Managing Director and Market Lead, Weber Shandwick Africa). The discussion reinforced that when communications is excluded from the boardroom, decision-making breaks down between formation and execution. In complex organisations, executive decisions are often interpreted differently across stakeholders, leading to early misalignment.

The most effective leadership teams address this by involving communications when decisions are formed.

Without this, the same course of action fractures in execution across stakeholders. The issue is not variation in interpretation itself, but the absence of a structured way to account for it in advance.

Communications is a co-architect that belongs in the boardroom, shaping how intent becomes a decision and how a decision becomes reality. This is especially clear in African markets. Differences in regulatory environments, culture, and stakeholder expectations mean the same announcement can be interpreted in fundamentally different ways across jurisdictions. Consider a single boardroom decision. A multinational announces a restructuring across several African territories – typically involving changes to operating models, workforce alignment, cost structures, and local responsibilities.

In one country, the decision is seen as a move toward efficiency and long-term growth. In another, it signals contraction. In a third, it raises questions about market commitment. The underlying decision stays the same, but its meaning shifts depending on where it lands.

These differences affect how decisions are executed across markets. Alignment weakens, not from a flawed strategy, but from fragmented meaning.

For a co-architect, this means stress-testing decisions before they are final. Advising and assessing how they will land in different markets. Working directly with leadership teams to adjust how decisions are framed, sequenced, and released so that intent translates across markets.

APO Group operates as an example of this co-architect model, serving as a strategic communications consultancy that integrates advisory and execution. We don’t just execute communications – we consult and advise at the boardroom level. We apply this approach across multiple African markets. Africa-Newsroom.com, our pan-African newswire and the only platform of its kind on the continent, distributes to 250+ Africa-focused news sites and 450,000+ journalists in all 54 countries. The same infrastructure that delivers messaging across the continent gives us the monitoring data to test how it will be received before a single line is published. That is what stress-testing means in practice.

When a global Fortune 500 telecommunications operator with multi-market African operations needed transformation across six African countries, they consolidated nine agencies into one partner: APO Group. Before announcing the decision, it was tested in each market. We checked how it signalled efficiency, retreat, or questions about commitment.

That insight was fed directly back into how the announcement was structured, sequenced, and released.

Messaging was then executed through a single coordinated system across all markets, rather than multiple disconnected systems.

The result was a 573% increase in top-tier media placements for the programme across key African markets compared to the previous multi-agency model, driven by unified messaging and faster execution cycles.

For organisations operating across multiple African markets, fragmented communications create fragmented decisions. Integrated communications strengthen delivery. In this environment, communications is part of how leadership decisions hold their meaning as they move across borders.

The question for leadership teams is not whether communications supports decisions, but whether it is involved early enough to ensure those decisions hold their meaning as they move across markets.

And ultimately: is communications shaping the decision itself, or only being asked to manage its interpretation after it leaves the boardroom?

Distributed by APO Group on behalf of APO Group Insights.

 

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Liquid Intelligent Technologies revitalises access to cloud and cyber security services in support of improved national digital resilience

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Liquid Intelligent Technologies

These services will be available to existing and potential customers in Botswana, and at the centre of the new offering is Secure360, the company’s integrated security framework

GABORONE, Botswana, May 13, 2026/APO Group/ –Liquid Intelligent Technologies (https://Liquid.Tech), a business of Cassava Technologies, a global technology leader, brings cloud and cyber security solutions and services to businesses and enterprises of all sizes in Botswana. The announcement comes as Liquid celebrates a decade of operations in the country.

 

These services will be available to existing and potential customers in Botswana, and at the centre of the new offering is Secure360, the company’s integrated security framework that enables organisations to move beyond reactive breach response towards proactive intelligence, protection and assurance. The solution combines local delivery with continental-scale infrastructure and global technology partnerships to provide organisations with enterprise-grade digital security and cloud capabilities aligned with national digital priorities.

When organisations engage with Liquid Intelligent Technologies in Botswana, they are connecting to the strength of Cassava’s integrated digital ecosystem

“Over the last decade, Liquid has deployed over 1174.08 km of fibre, bringing multi-terabit capacity and unmatched resilience to the region. By establishing a 730km backbone along the A1 road, we’ve positioned Botswana as a critical hub, linking networks from Zimbabwe, South Africa, Kenya, Zambia, the Democratic Republic of Congo, and Sudan,” said Odirile Tamajobe, Managing Director of Liquid Intelligent Technologies Botswana. “Now, by bringing the cloud and cyber security services into the country, we are empowering local businesses with world-class digital solutions, ensuring they can compete and win on the global stage.”

The expansion of Liquid’s offerings in the market reflects the broader Cassava strategy to deliver integrated digital infrastructure and platforms through its One Cassava approach.

“When organisations engage with Liquid Intelligent Technologies in Botswana, they are connecting to the strength of Cassava’s integrated digital ecosystem,” said Ziaad Suleman, CEO of Cassava Technologies SA and Botswana. “Beyond cloud and cyber security, customers can access data centres, AI readiness reviews, and tailored technology journey roadmaps, all within a unified platform designed to support secure innovation and long-term digital resilience”.

As Botswana advances on its Vision 2036 ambitions to expand digital services across government, financial services, telecommunications, and critical infrastructure sectors, Cassava’s digital services aim to strengthen national digital resilience, fostering pride and confidence in the country’s progress.

Distributed by APO Group on behalf of Liquid Intelligent Technologies.

 

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Verdant IMAP Act as Financial Advisor and Arranger to Metro Africa Xpress (MAX) on its USD 8 Million in Debt Capital Raise

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Verdant IMAP

The transaction establishes a foundation for further institutional capital deployment into the business

JOHANNESBURG, South Africa, May 13, 2026/APO Group/ –Metro Africa Xpress (MAX), Africa’s leading electric mobility platform, has secured USD 8 million in debt funding from Triple Jump, marking a key milestone in scaling its clean mobility operations.

Triple Jump, a Netherlands-based impact investment manager with a strong track record of financing inclusive financial institutions and clean energy businesses across emerging markets, represents one of MAX’s first international institutional lenders. Its participation underscores confidence in MAX’s operating model, asset-backed lending structure, and long-term scalability within Africa’s evolving mobility sector.

The funding will support:

  • Expansion of MAX’s electric vehicle (EV) fleet
  • Rollout of battery swap infrastructure
  • Continued development of its Pay-As-You-Go (PAYGO) financing platform

MAX’s model is designed to lower barriers to asset ownership for commercial drivers (“Champions”), enabling income generation through access to productive mobility assets while reducing operating costs relative to internal combustion alternatives.

Operating across Nigeria, Ghana, and Cameroon, with Nigeria as its core market, MAX is building an integrated ecosystem comprising:

  • Purpose-built EVs adapted for local conditions
  • Battery swapping infrastructure to address charging constraints
  • IoT-enabled fleet management systems
  • Embedded financing solutions for underserved drivers

Verdant IMAP acted as sole financial advisor and arranger on the transaction, supporting structuring, investor engagement, and execution. The transaction establishes a foundation for further institutional capital deployment into the business.

Distributed by APO Group on behalf of Verdant Capital.

 

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