AGP Executive Report
Last update: 9 hours agoLobito Corridor: The Africa Finance Corporation named Webuild’s consortium preferred bidder for the Zambian rail section, while Mota-Engil and Odebrecht were selected for Angola’s section. The project will connect mineral-producing regions to Lobito’s Atlantic port, with freight times expected to fall from 16 days to seven. Business Connectivity: Satellite provider Q-KON is expanding in Angola through a partnership with SISTEC, bringing local network integration to support businesses in remote mining, agriculture and tourism areas. Electric Mobility: OPAIA Group’s Ondjila Green plan envisages up to $2.4 billion in investment over five years, with targets of 22,000 electric vehicles and 2,000 charging points. A memorandum with the Transport Ministry and Angola’s Sovereign Wealth Fund sets a framework for developing the project. Gas Markets: Angola, a Gas Exporting Countries Forum observer, is within a regional push for fairer gas pricing, stronger supply-chain coordination and protection of energy infrastructure.
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