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Luanda International Fair (FILDA) 2024 Closes with 1,771 Participating Companies and Focus on Food Security and International Partnerships

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Luanda International Fair

The fair confirmed itself as a crucial event for establishing Angola on the global trade and investment map, attracting international attention and promoting the country’s economic diversification

LUANDA, Angola, July 30, 2024/APO Group/ — 

The 39th edition of the Luanda International Fair (FILDA) (www.FILDA-Angola.co.ao), held from July 23 to 28 in the Luanda-Bengo Special Economic Zone, concluded yesterday with remarkable success, highlighting the participation of 1,771 companies and a significant focus on “Food Security and International Partnerships.”

Angola’s largest business fair was attended by the Vice-President of the Republic, Esperança da Costa, the Minister of State for the Social Area, Maria do Rosário Bragança, the Prime Minister of Portugal, Luís Montenegro, the Minister of Transport, Ricardo D’Abreu, the Minister of Planning, Victor Hugo Guilherme, the Minister of Industry and Commerce, Rui Minguês, the Minister of Finance, Vera Daves de Sousa, João Baptista Borges, Minister of Energy and Water, the Governor of Luanda, Manuel Homem, among various international delegations, ambassadors, and diplomats, reinforcing international partnerships and Angola’s commitment to economic diversification and sustainable development.

During the opening ceremony, the Minister of State for the Social Area, Maria do Rosário Bragança, representing the President of the Republic, emphasized the importance of FILDA for strengthening local value chains and promoting economic diversification through international partnerships.

According to the event organizer, Bruno Albernaz, CEO of Grupo Arena, this edition of FILDA decided to honor the Lunda-Cokwe culture, recognizing its crucial role in the development of the artisanal industry and the generation of family incomes. The event recorded over 80,000 visitors and attracted more than 1,771 companies from various sectors and countries, consolidating Angola’s position as an attractive center for international business.

International Participation

  • Italy: With direct support from the Italian Trade Agency (ICE), Italy marked its presence with thirteen companies from sectors such as food, agriculture, oil and gas, industry, equipment, construction, and restoration, standing out for the robustness of their participation. Trade exchanges between the two countries exceeded 840 million euros in the first half of 2024, reflecting Italian investors’ confidence in the Angolan market.
  • Brazil: Brazil confirmed its position as a strategic partner with the presence of 16 companies in various sectors such as beverages, health, logistics, livestock, civil construction, and security, strengthening the solid relations between Angola and Brazil. With direct support from the Brazilian Export and Investment Promotion Agency (ApexBrasil), Brazilian companies continue to seek opportunities to establish and expand business contacts and market positioning.
  • Canada: Canada communicated its intention to expand its presence in Angola through substantial investments, specifically US$6 billion in the mining sector, demonstrating its commitment to the growth and stability of the Angolan market and seeking new strategic partnerships.
  • Portugal: The visit of the Prime Minister of Portugal, Luís Montenegro, was a significant moment. With 22 participating companies, Montenegro participated in the Angola-Portugal/2024 Economic Forum, addressing topics such as the agro-industrial sector in Angola, challenges and opportunities, and the importance of logistics chains and certification. Portuguese companies were represented with direct support from the Portuguese Business Association (AEP).
  • United States: The 2nd Business Forum between the United States of America and Angola highlighted the expansion of bilateral relations, especially after the recent meeting between Presidents João Lourenço and Joe Biden. The American ambassador to Angola, Tulinabo Mushingi, graced FILDA with his presence and emphasized the growing importance of bilateral trade and investments as drivers for Angola’s economic development.
  • China: The China and Portuguese-Speaking Countries Business Forum, held on the third day, was a key moment, with China reiterating its commitment to the sustainable development of Lusophone countries. Trade relations between Angola and China reached a significant level, with a business volume of US$30 billion last year, underscoring the importance and dimension of this strategic partnership.
  • Germany: Germany marked its presence with 12 companies from the energy, renewable energy, and industry sectors.
  • Belarus: Belarus was represented by 6 companies related to the machinery and agriculture sectors.
  • Indonesia: Indonesia was represented in its first participation with 6 companies from the trade, cosmetics, and pharmaceutical industry sectors.
  • South Korea: Making its debut at FILDA, South Korea was represented by 4 companies from the pharmaceutical industry and machinery sectors.

FILDA 2024 served as a platform for critical discussions on logistics, certification, and financial instruments, fundamental for strengthening food security and promoting the quality of Angolan products. Held in the Luanda-Bengo Special Economic Zone, FILDA reflects Angola’s efforts to improve the business environment through significant political, economic, and social reforms. This year, the fair confirmed itself as a crucial event for establishing Angola on the global trade and investment map, attracting international attention and promoting the country’s economic diversification. The Luanda International Fair (FILDA) is one of the most important business events in Angola, functioning as a platform for national and international companies to showcase their innovations, strengthen their business networks, and promote sustainable economic development.

Distributed by APO Group on behalf of Luanda International Fair (FILDA).

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

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

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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IsDBI

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

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

 

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