AGP Executive Report
Last update: 3 hours agoLogistics: Rising e-commerce, manufacturing and supply-chain needs are driving investment in modern warehouses and logistics parks across Africa, though supply still lags demand. Oil and Gas: Namibia is seeking Angola’s expertise as it develops its petroleum sector. In Luanda, officials discussed cooperation across exploration, production, refining and distribution; Angola is also expanding refining capacity as it continues to import much of its fuel. Energy Investment: A $6 billion deepwater oil project involving Angolan partners has passed the halfway mark, with subsea equipment under development. Diamonds: President João Lourenço urged African producers to coordinate against synthetic-diamond competition and protect the value of natural stones. Illegal Mining: An INTERPOL operation in Angola dismantled two illegal cryptocurrency-mining centres, detained nine suspects and seized more than 2,000 mining devices and six power transformer stations.
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