Multilateral finance institution the Africa Finance Corporation (AFC) is expanding its role in Angola’s energy and infrastructure sectors, having invested close to $1 billion across the country’s power, rail, logistics and critical minerals industries. Reflecting its growing commitment to the market, the institution has joined the Angola Oil & Gas (AOG) Conference & Exhibition as an Elite Sponsor ahead of this September’s event in Luanda.

The sponsorship comes as AFC and Angola continue to strengthen their partnership. In 2025, Angola became a sovereign shareholder in AFC through a landmark $184.8 million equity investment commitment, reinforcing the institution’s role in mobilizing capital for strategic projects across the country. Angola’s Sovereign Wealth Fund also invested $25 million in AFC, further demonstrating the country’s confidence in the pan-African infrastructure financier.

That partnership is already translating into major transactions. In July 2026, AFC reached financial close on a $753 million financing package for the Lobito Corridor Railway Project, serving as Co-Financial Adviser alongside Eaglestone. The financing includes $553 million from the U.S. International Development Finance Corporation and $200 million from the Development Bank of Southern Africa and will support the rehabilitation, upgrade and long-term operation of the 1,300-km railway linking the Port of Lobito with the Democratic Republic of Congo border.

Beyond transport infrastructure, AFC is also supporting Angola’s upstream oil and gas industry. The Corporation invested $60 million as part of a $190 million debt facility backing Angolan independent Etu Energias’ acquisition of interests in offshore Blocks 14 and 14K. The transaction enabled Etu Energias to acquire a 20% stake in Block 14 and a 10% stake in Block 14K, doubling its net production at the time from approximately 9,000 to 19,000 barrels per day.

AFC’s participation at AOG 2026 reflects its expanding footprint in Angola and creates new opportunities to engage with project developers, operators and government stakeholders. As the country’s premier oil and gas event, AOG has established itself as the leading platform for advancing investment, financing and partnerships across Angola’s hydrocarbon value chain.

Taking place on September 9-10, with a pre-conference program on September 8, AOG 2026 will bring together government officials, financiers, operators, service companies and investors to examine the opportunities shaping Angola’s energy future. As an Elite Sponsor, AFC will showcase its expertise in structuring and mobilizing capital for large-scale African infrastructure and energy projects while reinforcing its long-term commitment to Angola’s economic development.

The collaboration reflects a shared vision to position Mozambique as one of Africa’s most competitive energy investment destinations while creating lasting value beyond individual projects. By aligning the Chamber’s global investor network with ENH’s national development priorities, both organizations aim to accelerate capital deployment, strengthen industry collaboration and support the country’s long-term energy ambitions.

This strategic synergy comes at a pivotal moment for Mozambique.

Following the lifting of force majeure on its flagship LNG developments in late 2025, the country has entered one of the world’s largest energy construction cycles. More than $50 billion has now been mobilized across the Rovuma Basin, positioning Mozambique to become one of the world’s premier LNG exporters over the coming decade.

Under the joint initiative, the Chamber will work closely with ENH to strengthen international investment outreach, support policy dialogue and help address regulatory and operational challenges that influence project execution. The pact will also prioritize local content development by helping expand technical skills, strengthen domestic supply chains and increase Mozambican participation throughout the oil and gas industry.

The timing is significant as Mozambique’s largest developments continue to gather momentum.

TotalEnergies’ $20.5 billion Mozambique LNG project officially resumed full construction on January 29, 2026, after force majeure was lifted on November 7, 2025. More than 4,000 workers have returned to site as the 13.1-million-ton-per-annum project targets first LNG in the first half of 2029.

At the same time, ExxonMobil’s $30 billion Rovuma LNG development continues advancing engineering ahead of a final investment decision, while Eni’s Coral Norte FLNG project, sanctioned in 2025, is expected to double Area 4’s FLNG production capacity when it comes online in 2028. Together, these projects are transforming Mozambique into one of Africa’s largest destinations for upstream capital.

Beyond LNG exports, ENH has identified onshore exploration and production as a strategic priority. Working alongside the AEC, the company is seeking to attract new international upstream investors into Mozambique’s onshore basins while advancing its long-term ambition of becoming a direct field operator. The strategy complements progress at the Búzi Block, where ENH holds a 25% interest and commercial gas production remains on track before the end of 2026 following recent seismic acquisition campaigns.

Domestic gas monetization also represents a central pillar of ENH’s growth strategy. The company is pursuing projects that will convert Mozambique’s abundant gas resources into higher-value industrial products through the development of a domestic petrochemical industry. Combined with the 30-year concession awarded in November 2025 to develop LNG imports and gas infrastructure alongside Mozambique Ports and Railways, Electricidade de Moçambique and Hidroeléctrica de Cahora Bassa, ENH is positioning itself at the center of Mozambique’s future gas economy.

Following a strategic agreement with Baker Hughes signed in February this year to provide advanced technical training for Mozambican professionals in Dubai and Florence, the company is also investing heavily in local capability. The initiative supports the government’s broader objective of ensuring domestic companies capture a larger share of the more than $4 billion in contracts earmarked for local businesses across the country’s LNG development.

“Our meeting with ENH marks the beginning of an even stronger alliance focused on unlocking Mozambique’s full energy potential,” says NJ Ayuk, Executive Chairman, AEC. “By combining investment promotion with local content development and private sector engagement, we can accelerate project delivery while ensuring the country’s world-class resources create lasting value for Mozambique and its people.”

The AEC fully supports ENH ‘s strategy to capture immediate commercial opportunities across the upstream, midstream and downstream sectors.

Under the leadership of the company’s new CEO and Chairman Rudêncio Morais, ENH is building a world-class national energy company capable of attracting investment while expanding local participation. The Chamber will continue working alongside ENH to facilitate private sector entry and help maximize the long-term economic value of Mozambique’s world-class hydrocarbon resources.

Taking place October 14–16 in Cape Town, AMW 2026 will feature representatives from Moore Global, Embellie Advisory and Chatham House, who will share insights on the technologies, investment strategies and geopolitical developments reshaping Africa’s mining landscape.

With Africa holding approximately 30% of the world’s critical mineral reserves, improving operational efficiency has become a strategic priority. During the Leveraging Advanced Technologies & AI to Transform Mining Practices for Sustainable Growth session, Danie Dörfling, Head of Business Development at Moore Global, will examine how automation and AI are helping reduce costs, improve productivity and accelerate project development. His participation comes as advisory firms increasingly support mining companies in identifying the technologies best suited to optimize operations across the mining value chain. The discussion is particularly timely as countries including Burundi, the DRC and Zambia increasingly adopt AI to accelerate mineral exploration.

With gold prices remaining above $4,000 per ounce in 2026, African governments are expanding local gold purchase programs to formalize artisanal mining and strengthen domestic value creation. Against this backdrop, research and advisory firms are providing the market intelligence and strategic guidance needed to support policy development, investment decisions and long-term sector growth. Matt Banton, Head of Mining at Moore Global, will join the Expanding Africa’s Gold Output panel to discuss strategies for improving competitiveness, increasing production and advancing downstream value addition.

Global competition for critical minerals continues to reshape investment priorities and mineral diplomacy, prompting African governments to strengthen partnerships that can unlock long-term capital while advancing industrialization goals. Olivier Barbeau, Managing Partner at Moore Global, will moderate the Mineral Diplomacy & Strategic Partnerships session, exploring how African countries can develop investment frameworks that attract sustainable investment while maximizing long-term value from their mineral resources.

Meanwhile, shifting trade policies, supply chain realignment and resource security strategies are reshaping Africa’s investment landscape. The session Africa’s Mining Opportunity in the Geopolitical Sphere will feature Remi Piet, Co-Founder and Senior Partner at Embellie Advisory, alongside Christopher Vandome, Senior Research Fellow at Chatham House, as they examine how evolving geopolitical dynamics, trade tensions and changing alliances are creating new opportunities for African mineral-producing nations.

As investors increasingly evaluate Africa’s role in supplying the minerals needed for the global energy transition, market intelligence and strategic advisory services have become critical to identifying opportunities and managing risk. By bringing together leading research organizations, advisory firms, policymakers and investors, AMW 2026 will provide a platform for informed dialogue that supports investment, partnership development and long-term growth across Africa’s mining sector.