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Angola Oil & Gas Launches in Luanda as $70B Investment Momentum Accelerates

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Energy Capital

Taking place September 9-10 in Luanda, the event is positioned as the premier dealmaking platform for the country’s oil and gas sector

LUANDA, Angola, January 28, 2026/APO Group/ –The Angola Oil & Gas Conference & Exhibition (AOG) – organized by Energy Capital & Power (https://EnergyCapitalPower.com) –was officially launched in Luanda on Tuesday, marking the start of the countdown to the country’s premier oil and gas event. Scheduled to take place on September 9–10, 2026, in Luanda, under the theme Investing in the Future of Angola, the event comes on the heels of Angola’s 50 years of independence in 2025, providing a strategic platform for policymakers, operators, financiers and service providers to chart the next five decades of hydrocarbon development. With a one-billion-dollar investment pipeline underway, new barrels coming to the market and expanded activity by both active operators and new entrants, Angola is moving beyond sustained production to become a driving force behind regional hydrocarbon development.

As one of Africa’s biggest oil and gas producers, Angola has established itself as a home for international capital. The country’s investment environment – built on stability and flexibility – has represented a cornerstone of industry growth, with a multi-year licensing round, permanent offer regime and marginal field opportunities offering regular access to new blocks. This structure has not only enabled the country to attract investment, but supported operators as they scale their operations. The result has been a $70 billion in upstream spending anticipated in the coming years.

“Angola is entering a decisive phase of growth and consolidation in the oil and gas sector. We have already laid the foundations, so 2026 will be the year to convert projects into production and into real economic impact,” stated José Barroso, Secretary of State for Oil and Gas in Angola at the AOG launch. “Angola is open, ready, and fully equipped to ensure solid and profitable investments. 2026 will be the year to mobilize, invest, and define the next 50 years of our energy sector.”

Upcoming projects underscore Angola’s position as a major oil and gas hub. The New Gas Consortium is advancing Angola’s first non-associated gas project toward full operational capacity following its operational start in 2025. The project will not only enhance feedstock for Angola LNG and domestic power generation plants but strengthen exports. In the oil sector, Azule Energy is moving toward phase three of the Agogo Integrated West Hub Development following the start of phase two operations in 2025. TotalEnergies is developing the Kaminho project – the first large-deepwater development in the Kwanza Basin – with production on track for 2028.

AOG is a space to create strategic partnerships, share knowledge and accelerate investments that will define Angola’s energy future over the next 50 years

Onshore, independent oil and gas companies are making strides toward revitalizing production. Companies to the likes of ReconAfrica, Corcel, Oando and Sintana Energy are advancing seismic data acquisition and drilling activities, targeting play-opening discoveries. Frontier drilling is also underway, with operators seeking to unlock new Atlantic margins such as Namibe.

Downstream development is gaining momentum, anchored by the Lobito Refinery, which is currently under development with production targeted for 2027. The project is expected to enhance fuel security, reduce imports and support regional supply, reinforcing Angola’s ambition to move further down the value chain. The development comes on the back of the start of operations at the Cabinda Refinery in 2025 – the second operational facility in the country.

As the country looks toward 2026 and beyond, AOG will continue to serve as a platform for driving Angolan oil and gas development. Over the years, the event has evolved from a conference into a platform that facilitates deals, fosters partnerships and addresses key opportunities and challenges faced by the industry, with over 3,000 attendees, 150 speakers and 600 companies participating.

“AOG is a space to create strategic partnerships, share knowledge and accelerate investments that will define Angola’s energy future over the next 50 years,” stated Luis Conde, Project Director at Energy Capital & Power.

Held under the patronage of João Manuel Gonçalves Lourenço, President of Angola, with the endorsement of the Ministry of Mineral Resources, Oil and Gas, the National Oil, Gas & Biofuels Agency, the Petroleum Derivatives Regulatory Institute, Sonangol and the African Energy Chamber, AOG 2026 returns to chart the next five decades of oil and gas development in Angola.

Visit www.AngolaOilAndGas.com for more information.

Distributed by APO Group on behalf of Energy Capital & Power.

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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