AGP Executive Report
Last update: 2 hours agoTrade Finance: Gemcorp plans to raise yuan funding to pay Chinese suppliers on African projects, aiming to cut foreign-exchange costs as China-Africa trade grows. Italy’s Sace says it has mobilised €4.9 billion across Mattei Plan countries, including Angola, to support exports and business contracts. Fuel Supply: Botswana is in talks with Angola and other suppliers to diversify fuel sources and guard against shortages; no volumes or prices have been disclosed. Lobito Corridor: The Africa Finance Corporation named a Webuild-led consortium preferred bidder for the 517-kilometre Zambian railway section, advancing a route to Angola’s Port of Lobito expected to cut freight journeys to seven days. Digital Services: Wave will sponsor the Africa Financial Summit in Luanda on November 3–4, as the mobile money provider seeks partnerships to widen access to affordable financial services. Q-KON is also expanding satellite services in Angola through a local network partnership, targeting businesses in remote areas. Electric Mobility: Angolan firm OPAIA’s Ondjila Green plan proposes up to $2.4 billion in investment over five years, linking vehicle assembly with charging infrastructure.
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