Following business and economy news from Angola

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AGP Executive Report

Last update: 3 hours ago

Angola Telecom readies privatisation: President João Lourenço has approved Angola Telecom’s shift from state-owned EP to a public company (SA), paving the way to sell 15% of its shares via a limited tender with prior qualification, with IGAPE set to manage the state’s shareholder rights. Regional energy signals: Nigeria says its upstream reforms have lifted its share of Africa’s final investment decisions to 40%—a sharp turnaround from earlier years—while the UAE’s OPEC exit is set to reshape oil pricing dynamics across Africa. Trade and connectivity push: Angola’s India-facing business push is back in focus, with the Angola-India chamber flagging investment interest in the Lobito Corridor’s industrial, logistics and skills needs. Governance and delivery: The finance ministry is again stressing “rigor” for public-sector transformation as Angola authorises major urban works in Dundo, including a tender for requalification of the city centre.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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World’s Best Banks 2026: Africa

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Angola-India chamber of commerce expresses business interest in Lobito Corridor

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