AGP Executive Report
Last update: 3 hours agoAngola–Botswana Business Push: Luanda hosted the Angola–Botswana Economic Forum as Botswana’s President Duma Gideon Boko begins a three-day official visit, with talks spanning agriculture, mining, energy, transport, logistics, tourism and diamond cooperation. Energy & Offshore Services: OneSubsea (SLB/Aker/Subsea7 JV) won Azule Energy controls umbilicals work for the West Hub Tails project offshore Angola, enabling production transfer from the aging Ngoma FPSO to the Agogo FPSO. Banking Deal Watch: Angolan food and agriculture magnate Nelson Carrinho’s Congolian Financial agreed to buy Banco BPI’s 33.35% stake in Banco de Fomento Angola for $452m, pending Angola’s regulator approvals. Water & Rural Development: Angola’s Cunene barrages Ndúe and Calucuve are in operation, boosting rural water supply to cut conflict risks. Entrepreneurship Finance: Orange Corners Innovation Fund (OCIF) will invest €3.3m in Angola’s youth entrepreneurship ecosystem to 2030, targeting climate-resilient agriculture and coastal biodiversity. Public Health & Food Safety: Foods Alive recalled organic moringa powder in Angola, Indiana, after Salmonella contamination concerns tied to supplier testing.
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