AGP Executive Report
Last update: 8 hours agoLobito Corridor Finance: Angola’s Lobito Corridor railway upgrade has reached financial close with US$753m secured for the 1,300-km Angola–DRC line, including US$553m from the US DFC and US$200m from DBSA, targeting track, workshops, signalling and rolling stock to speed regional trade. Critical Minerals & Mining Policy: Angola is pushing to revitalise the African Minerals and Geosciences Centre, urging member states to clear arrears so the institution can operate and serve citizens again. Salt Value Chain: In Benguela, Angola’s salt producers are calling for 12,000 kg of iodine annually at affordable prices, plus certified lab networks and stronger traceability from production to sales. Maritime Industry: Angola launched its first locally built aluminum vessel, the MV Malongo, to strengthen maritime security and signal growing shipbuilding capability. Food & Jobs: Angola aims to produce over 80,000 tons of fish by 2030, with aquaculture growth in Huambo and plans to tackle feed constraints. Skills for Work: A focus on vocational training highlights practical skills as a fast route to employment and productivity. Diamonds: Angola’s mines ministry denies Namibia losing a De Beers stake bid as Anglo American names a preferred bidder for the sale process.
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