AGP Executive Report
Last update: an hour agoOffshore Digitalisation: Applus+ won an Angola offshore contract to deliver 3D modelling and laser-scanning for asset digitalisation, including drone-assisted surveys and digital twins to improve engineering planning and reduce repeat offshore trips. Oil & Gas Market Signals: World Bank forecasts for Sub-Saharan Africa cut 2026 growth to 4.0% but flag higher energy prices as a boost for oil exporters like Angola and Nigeria, while non-oil economies face cost pressure. Exploration Watch: Afentra says it expects results by end-June from the Sonangol-operated Pacassa South West-1 offshore Angola probe, with a potential fast-track to first oil if successful. Space for Industry: GGPEN and Africel signed an MoU to expand Angosat-2 services, targeting practical space tech for oil spill detection, mining and agriculture across Angola’s provinces. Agriculture Infrastructure: Huíla’s Chicomba launched an agricultural dam to revive the “corn triangle,” with irrigation starting at 2,500 hectares and an industrial processing component planned. Logistics & Trade: The Lobito Corridor is gaining momentum for copper exports, with early 2026 shipments highlighting a shift toward faster, more resilient rail logistics. Local Governance & Services: Luanda’s Justice Ministry moves to decentralize identity card issuance to speed electoral registration updates, installing printers in provincial capitals. Safety Incident: A serious road accident in Lubango’s industrial zone injured eight people, including young Kuduro artists, with police citing fatigue and excessive speed.
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