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Top 5 Sectors for Foreign Direct Investment (FDI) in Angola

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Angola

Rich in hydrocarbons, minerals and agricultural land, the Government of Angola has sought to diversify and expand private sector participation in the country’s economy

LUANDA, Angola, May 26, 2023/APO Group/ — 

Angola represents a large market potential for Foreign Direct Investment (FDI), serving as the sixth-largest economy in Africa. The country’s economy is largely driven by its oil sector, which contributes to approximately 50% of its GDP, 70% of Government revenue and over 90% of exports.

However, the potential for FDI (https://apo-opa.info/45zscQo) transcends hydrocarbons, with the Government’s stated focus on diversifying its economy and building domestic production capacity resulting in a GDP expansion of 3.2% in 2022 and a projected increase of 3.1% in 2023.

This growth, compounded by Angola’s market size and stated priorities to improve infrastructure, industrial and agricultural development, has resulted in significant growth and expansion in various economic sectors such as offshore oil and gas technology, electrical power equipment, agriculture, transportation and finance and banking.

Offshore Oil and Gas Technologies

Boasting untapped oil and gas reserves estimated at 9 billion barrels of crude oil and 11 trillion cubic feet of natural gas, the Government of Angola has sought to engage with more international firms to compete for multi-billion-dollar projects.

With the country’s oil and gas upstream market (https://apo-opa.info/435RPXt) projected to record a growth of over 1.5% between 2022 and 2027, opportunities for international investors to participate in Angola’s offshore oil and gas technologies sector include exploration (https://apo-opa.info/41Rtsf1) and development of oil and gas fields, transportation and storage of petroleum products, refinery construction and the development of associated infrastructure.

Electrical Power Equipment

As one of the Angolan Government’s highest stated priorities, increasing electric power availability to meet the increasing demand of a growing population ranks among the most prospective investment opportunities for foreign investors. The Government has instituted a range of ambitious infrastructure plans to achieve its targeted 9.9 GW of installed generation capacity by 2025.

As such, opportunities exist for international investors to participate in the development of renewable energy, substations, technologies to support distribution to end consumers and high and low voltage transmission networks, as well as maintenance, repair and operations services.

As such, opportunities exist for international investors to participate in the development of renewable energy, substations, technologies to support distribution to end consumers

Agriculture

With an abundance of arable land and climatic conditions suitable for the production of a variety of agricultural products, Angola’s agriculture sector accounted for approximately 9.5% of is GDP in 2021 and serves as the main source of income for the majority of the country’s population. Agricultural development has served as an imperative strategy for the Government to diversify its economy and strengthen production capacity in order to decrease the country’s reliance on imports.

Angola’s agriculture market is expected record a growth of 5.6% between 2017 and 2027, with the country’s Ministry of Agriculture having implemented a number of strategic policies to make the sector more competitive for international investors. Angolan authorities are eager to attract new FDI into this sector by means of privatization, rural extension programs and facilities to help fund the operations of rural agribusiness.

Transportation

As part of the country’s goals of diversify its economy, the Government of Angola has sought to increase private sector financing in its transportation sector based on an increased focus on public-private partnerships while increasing transportation connectivity to the wider sub-region. Aviation and rail serve as the highest priorities in the Government’s transportation development plans. As such, air navigation equipment and support, radar and surveillance systems, safety management, and ground maintenance and handling equipment serve as the leading opportunities for FDI in the aviation subsector. Meanwhile, signaling and control equipment, railroad maintenance and the development of passenger carriages, freight and tank carriages, and locomotives for shunting offer prospective investment opportunities in the rail sub-sector.

Finance and Banking

Improved oil prices, an easing in inflationary pressures and improved regulations and policies to reduce the risks associated with the global oil market is likely to result in increased investment (https://apo-opa.info/3q4hRLQ) into Angola’s financing and banking sector, particularly from foreign banks seeking to increase their foothold in the African market.

Following years of turbulence, Angola’s banking industry has flourished in recent decades, with the cash flow derived from oil exports serving to promote an impressive expansion of the financial sector.

Serving as the premier platform for foreign investors to participate in new trade and investment opportunities in Angola, the Angola Oil & Gas (AOG) 2023 Conference and Exhibition (https://apo-opa.info/3yWXf9D) will return to Luanda this year for its fourth edition. AOG 2023 presents a unique opportunity for stakeholders from a wide array of sectors to come together, network, and make deals happen.

Organized by Energy Capital & Power (https://EnergyCapitalPower.com/), AOG 2023 will feature high-level panel discussions and meetings as well as exclusive networking forums showcasing investment and partnership opportunities within the country’s oil and gas sector.

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

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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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Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

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As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

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

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Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

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The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

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

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