AGP Executive Report
Last update: 3 hours agoWater & Agriculture: Angola’s drought response takes a big step as President João Lourenço inaugurates the Ndúe and Calucuve dams in Cuvelai, with Ndúe now in operation and Calucuve due next—projects tied to PCESSA meant to boost irrigation, livestock output, and reduce land conflicts by expanding access to water. Entrepreneurship & Climate Resilience: Luanda’s Orange Corners Innovation Fund (OCIF) will invest €3.3m in Angola’s youth-led initiatives up to 2030, targeting agriculture and climate resilience, with funding and training already supporting 80+ entrepreneurs. Banking & Investment: Banco BPI agrees to sell its 33.35% stake in Angola’s BFA to Congolian Financial for €388.5m (about $452m), a move that further reshapes foreign exposure to Angola’s financial sector. Corporate Leadership: Champion Breweries confirms Malolan Sampath has assumed office as Managing Director/CEO from 1 Sept 2026, bringing 26+ years across beverage and agro-industrial roles in Angola and across Africa. Trade & Connectivity: Luanda hosts the Angola–Norway 2026 workshop (11–14 Sept) focused on diversifying the economy beyond oil, linking business opportunities with technology transfer across sectors.
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