AGP Executive Report

ANGOTIC 2026 Momentum: Angola’s ICT flagship ANGOTIC closed in Luanda with 34,000 visitors, up 88% year-on-year, and 211 registered startups, as the forum pushed digital transformation and youth training. Offshore Digitalisation in Oil: Applus+ won an Angola offshore contract for 3D modelling and laser-scanning to build digital twins for safer asset management and faster engineering work. Connectivity Deals: Telecom Namibia signed two ANGOTIC-linked agreements to expand broadband and resilience, including using Angola’s Angosat-2 for VSAT services in remote areas. Space Tech for Industry: GGPEN and Africel agreed to expand Angosat-2 services and roll space-based solutions into sectors like oil, mining and agriculture. Exploration Watch: Afentra says it expects results by end-June from the Pacassa South West-1 probe offshore Angola, with a potential fast-track to first oil if successful. Agriculture Infrastructure: Huila’s Chicomba launched an agricultural dam to revive the “corn triangle,” with irrigation planned for 2,500 hectares and more expansion ahead. Policy and Trade Context: The World Bank cut Sub-Saharan Africa growth to 4.0% for 2026, warning higher energy prices will lift Angola and Nigeria while raising costs for non-oil economies.

Angola’s digital push at ANGOTIC 2026: Luanda’s 6th ANGOTIC forum closed with awards for startups and provinces, reporting 34,000 visitors (+88% vs 2025) and renewed focus on digital transformation and youth innovation. Connectivity deals: Telecom Namibia signed strategic agreements in Angola to expand broadband and use Angosat-2 for VSAT services in remote areas, plus a second partnership with Angola Telecom to strengthen regional connectivity. Space for the economy: GGPEN and Africel agreed to expand Angosat-2 services and roll out space-technology applications beyond Luanda, including in oil, mining and agriculture. Energy and investment signals: London-listed Afentra said it expects results from the Sonangol-operated Pacassa South West-1 probe by end-June after choosing to stay independent, with potential fast-track to first oil. Agriculture infrastructure: Huíla’s Chicomba launched an agricultural dam to revive the “corn triangle,” starting with irrigation for 2,500 hectares and paving National Road 110 to move more goods. Regional cooperation: Angola’s foreign minister visited Canada to deepen cooperation across political, economic, commercial and investment areas. Jobs on the ground: JOBE Angola reported positive outcomes in Matala communities through youth cooperatives delivering surveying and environmental gardening services.

Digital Transformation Push: Angola’s ICT push stayed front and centre as José Massano visited ANGOTIC 2026, while Mário Oliveira said Angolan universities will soon connect to international higher-education partners and that a digital legal framework is already before the National Assembly. Space & Telecom Services: In Luanda, GGPEN and Africel signed an MoU to expand Angosat-2 services and roll space-based solutions beyond Luanda, with oil, mining and agriculture flagged as early beneficiaries. Cross-Border Connectivity Rules: INACOM and Congo’s telecom regulator signed a memorandum to prevent signal interference as Angola expands services under ITU-aligned technical agreements. Tourism Investment Drive: Angola will host the Angola Investment Summit in Luanda (June 17-19) under President João Lourenço’s high patronage, aiming to attract investment and strengthen public-private partnerships, with UN Tourism backing the “Meet in Angola” strategy. Environment & Blue Economy: The fisheries ministry urged a national protocol linking government, scientists and environmentalists to stop ecosystem degradation, stressing it as vital for fishing communities and a sustainable blue economy.

Angola’s Space & Telecom Push: GGPEN and Africel signed an MoU in Luanda to expand Angosat-2 services and roll space-based solutions beyond Luanda, with MINTTICS framing it as a national digital transformation driver. Cross-Border Connectivity Rules: INACOM and Congo’s telecom regulator agreed on measures to prevent communications interference across borders, aligning with ITU requirements as Angola expands services under ANGOTIC-2026. Digital Universities Link-Up: Mário Oliveira said Angolan universities will soon connect to international higher-education partners to boost innovation and research, alongside a new digital legal framework now before the National Assembly. Tourism Investment Drive: Luanda will host the Angola Investment Summit (June 17-19) under President João Lourenço’s patronage, while UN Tourism backs Angola’s “Meet in Angola” strategy to attract conferences and investment. Ecology & Blue Economy Protocol: Angola’s fisheries secretary of state urged a national protocol bringing government, scientists and environmentalists together to stop ecosystem degradation tied to climate change. Global Risk Watch: A World Bank update warned nature-related losses can hit GDP and sovereign debt, adding pressure to public finances across vulnerable economies. Security & Influence Online: French watchdog Viginum linked Israeli firm BlackCore to suspected digital interference campaigns reaching Angola among other countries, raising new concerns for election integrity.

Tourism & Investment Push: Angola will host the “Angola Investment Summit” in Luanda from June 17-19 under President João Lourenço’s high patronage, aiming to attract investors, strengthen public-private partnerships and accelerate non-oil growth. Digital Connectivity: The telecom minister says Angolan universities will soon be linked to international higher-education institutions to boost research and innovation, alongside a legislative push to regulate digital transformation. UN Tourism Backing: UN Tourism’s secretary-general endorsed Angola’s “Meet in Angola” strategy to draw high-level events and investment, aligning with the sector’s push for resilience and sustainability. Regional Comms Deal: INACOM and Congo’s telecom regulator signed a memorandum to keep communications from crossing borders, supporting safer service expansion. Cybersecurity Watch: France’s VIGINUM alleges Israeli firm BlackCore ran coordinated disinformation operations targeting elections, including claims it operated in Angola. Space & Telecom Trials: Telecom Namibia and Angola’s space agency agreed to use Angosat-2 for internet/voice/VPN services in remote areas, moving from proof-of-concept to live trials. Water Finance Angle: A World Bank-linked discussion warns Africa should fix utility losses and billing before taking on more debt for water and sanitation.

Digital Economy & Connectivity: Angola’s ANGOTIC 2026 is pushing “On the Road to Digital Transformation,” with ITU’s Doreen Bogdan-Martin citing Ango-SAT 2 and rising youth online activity, while Angola’s telecom minister says the forum is turning tech into a modern, diversified economy. Satellite & Telecom: Telecom Namibia and Angola’s space programme (GGPEN) agreed to test Angosat-2 for internet, voice and VPN services to remote areas, moving from proof-of-concept to a live trial. Trade Diplomacy: The Philippines’ honorary consul in Luanda says visa-free travel for Angolans could boost tourism and trade, with talks on agriculture, fisheries, IT and renewables. Regional Business Spotlight: Africa’s Business Heroes (Jack Ma Foundation/Alibaba Philanthropy) named its 2026 Top 100 entrepreneurs from 24,000+ applications, including Angola, highlighting fintech, AI, agriculture and climate innovation. Cyber Risk: A report by France’s Viginum alleges Israeli firm BlackCore ran election misinformation operations linked to Angola, alongside Scotland and New York, underscoring growing foreign digital interference concerns.

Digital Economy & Connectivity: Angola’s ANGOTIC 2026 is pushing “On the Road to Digital Transformation,” with the ITU’s Doreen Bogdan-Martin spotlighting digital skills and Ango-SAT 2 as key momentum for the sector. Satellite & Telecom: Telecom Namibia and Angola’s space programme office (GGPEN) signed an Angosat-2 deal to test satellite internet/voice/VPN for remote communities, with a pilot trial aimed at scaling commercial services. Policy & Institutions: Angola’s Minister of Telecommunications, Mário Oliveira, said ANGOTIC is helping build a modern, diversified economy, while also flagging transport, energy and digital connectivity as bottlenecks. Trade & Diplomacy: The Philippines’ honorary consul in Luanda said visa easing could boost trade and tourism, with Angola seen as strong in minerals, oil, agriculture and fishing. Water Infrastructure Finance: PROÁGUA’s €200m water programme financing won TXF “Deal of the Year 2025,” highlighting Angola’s push to expand clean water access. Governance: President João Lourenço appointed a new vice-governor for Malanje and paid tribute to late former foreign minister Manuel Augusto. Security & Online Influence: France’s Viginum linked Israeli firm BlackCore to suspected election meddling that also mentions Angola, keeping cyber and information risks on Angola’s radar.

Angola–UN Tourism Push: Angola backed UN Tourism’s new 2026–2029 strategy in Toledo, with the tourism minister stressing skills, youth jobs and women’s empowerment, while warning that transport, energy and digital connectivity still hold the sector back. Diplomacy & Appointments: President João Lourenço paid tribute to late former foreign minister Manuel Augusto and named a new vice-governor for Malanje, signaling continued reshuffles in provincial leadership. Agriculture for Food Security: Angola’s Josefa Sacko urged stronger international cooperation and South-South partnerships in agriculture, as she seeks a top FAO role. Human Rights Governance: Angola’s foreign secretary joined China’s Forum on Global Governance of Human Rights 2026, linking development priorities with rights protection. Digital Economy: Angola and Namibia signed an IT cooperation MoU on the sidelines of ANGOTIC-2026, aiming at joint projects and skills. Tourism Payments: Angola’s tourism ministry initialed a Visa MoU to expand card payments across hotels, travel agencies and online channels. Energy & Trade Context: A Reuters report flagged Angola among countries using complex debt tools, while another noted Africa’s growing role in global oil supply chains.

Angola-Serbia Deal Push: President João Lourenço wrapped up a three-day visit to Serbia after signing 10 legal instruments covering finance, transport, environment, agriculture, industry and commerce, plus IT, postal services, export promotion and investment protection—aimed at boosting private investment and economic cooperation. Digital & Youth Inclusion: Angola and Namibia signed an IT cooperation MoU on the sidelines of ANGOTIC-2026, which targets 20,000 visitors and spotlights digital transformation and digital entrepreneurship; Angola also reaffirmed youth productive inclusion via micro and small initiatives, including a beekeeping promotion project in Moxico. Payments for Tourism: Angola’s Tourism ministry initialed a Visa MoU to expand card acceptance in hotels, restaurants and travel services under the “Visit Angola – The Rhythm of Life” brand. Energy & Climate Cooperation: Angola stressed regional cooperation to cut methane emissions in oil and gas, aligning with its Paris Agreement roadmap. Tech Rollout Across Africa: Google expanded Chrome’s “Ask Gemini” to Angola and other African markets, widening access to built-in AI search and understanding. Energy Market Signals: A Reuters report highlighted how sanctioned Chinese refiner Hengli sought West African crude cargoes, underscoring Africa’s growing role in global supply chains.

Angolan Capital Markets: Trading volume on BODIVA jumped 123% in Q1 2026 to 2.9 billion kwanzas, with market cap rising 203.09% to Kz 4.717,9 million; OT-NR led transactions (68.55%), followed by OT-ME (24.30%). Labor Mobility: Angola’s labour minister met IOM in Geneva to discuss legal pathways for labor migration, including the MOVER project for safe, orderly work to Portugal. Digital Economy: ANGOTIC 2026 is set to spotlight a maturing Angola ICT market, with growth in cybersecurity, data centres, analytics, AI and automation—alongside skills and infrastructure gaps. Angola–Serbia Business & Finance: President João Lourenço’s Serbia visit included talks on defence tech and a push for direct Belgrade–Luanda air links, with ten cooperation documents signed across finance, transport, IT and export promotion. Energy & Resources (Region): Pensana’s rare-earth progress in Angola drew attention at South Africa’s mining indabas, as beneficiation steps move toward separation technology.

Angola–Serbia Deal Push: President João Lourenço’s Belgrade visit advanced economic ties with ten legal instruments signed, including double-tax relief, investment protection, transport cooperation and ICT pacts, alongside a push for a direct airlink between Luanda and Belgrade. Capital Markets Watch: Angola’s BODIVA trading volume jumped from Kz 1.3bn to Kz 2.9bn in Q1, up 123% year-on-year, with debt instruments dominating activity and market capitalization rising sharply. Digital Economy Momentum: As ANGOTIC 2026 nears, an IT executive said Angola’s tech market is moving into consolidation and maturity, with fastest growth in cybersecurity, data centres, analytics, AI and automation—while stressing skills and infrastructure gaps. Labour Mobility Talks: Angola’s labour ministry met IOM in Geneva to discuss legal, safe pathways for labour migration, including the MOVER project for workers to Portugal. Mining & Rare Earths Angle: Angola’s rare-earths progress via Pensana was highlighted at South Africa’s Joburg Indaba, alongside global rare-earth supply competition. Legal Update: Angola’s Supreme Court sentenced Judge José Pereira to five years for embezzlement and ordered forfeiture of misappropriated funds.

Angola-Serbia Economic Push: President João Lourenço used his Belgrade visit to push friendship into business, signing 10 agreements including double-tax relief and investment protection, with both sides flagging agriculture, ICT, higher education and a possible direct air link to Luanda. Oil & Gas Deal Tension: Energean’s planned purchase of Chevron’s stakes in Angola’s Block 14 and 14K hit a pre-emption challenge from Etu Energias, putting the timeline for the transaction in limbo. Digital Innovation Spotlight: Luanda-based ANGOTIC 2026 is set for 11-13 June, positioning the forum as a major African platform for startup innovation, digital governance and investment matchmaking. Finance & Governance Watch: Angola’s Supreme Court sentenced Judge José Pereira to five years for embezzlement and ordered forfeiture of funds to the State, underscoring continued pressure on financial misconduct. Energy Industry Messaging: The African Energy Chamber urged “energy addition” over “transition,” arguing Africa’s electricity and clean cooking gaps demand more investment—an angle that aligns with Angola’s broader energy expansion narrative.

Angola-Serbia Economic Push: President João Lourenço’s visit to Belgrade is set to translate strong political ties into business deals, with 10 cooperation agreements planned and a focus on scrapping double taxation and protecting investments; both sides also flagged opportunities in agriculture, ICT, higher education, tourism and defence, plus a possible direct air link to Luanda. Digital Inclusion & Telecoms: Angola reaffirmed its commitment to digital inclusion at Huawei Day 2026, citing infrastructure-sharing plans like Ilumina Angola to expand mobile coverage and digitise services. Tax Incentives Under Review: Angola reported fiscal incentives rising from 184.2bn to 2.98tn kwanzas (2018-2024), with the IMF-backed push aimed at improving tax revenue mobilisation while managing the cost of exemptions. Climate & Methane: The environment ministry highlighted methane reduction as a near-term climate priority, pointing to PLANAREM covering oil and gas, agriculture, waste and energy. Trade & Food Security: Thailand’s rice exports fell on Middle East disruption, but Angola increased imports, reflecting ongoing food security pressure. Regional Finance Spotlight: The Africa Financial Summit (AFIS) is moving to Luanda in November, underscoring Angola’s growing role in African finance and cross-border investment themes like the Lobito Corridor.

Angola–Serbia Deals: President João Lourenço’s three-day visit to Belgrade is set to unlock ten new economic cooperation agreements, including double-taxation and investment protection pacts, with a business forum aimed at boosting trade and investment. Digital Inclusion Push: In Luanda, the telecoms secretary reaffirmed government plans to expand digital access, citing the “Ilumina Angola” mobile coverage initiative and a push for public-private partnerships around connectivity and digitised services. IMF Revenue Focus: The IMF and Angola’s authorities are intensifying technical cooperation to raise tax collections, with attention on fiscal consolidation while protecting socio-economic priorities. Tax Incentives Watch: Angola reported fiscal incentives surged from 184.2bn to 2.98tn kwanzas (2018–2024), lifting the tax-waiver share of GDP and raising concerns about revenue foregone. Climate & Methane: The environment minister highlighted methane cuts as a near-term climate priority and pointed to PLANAREM as the framework for monitoring and mitigation across oil & gas, agriculture, waste and energy. Wildlife Conservation: KAZA states meeting in Victoria Falls backed a united stance on elephant conservation and potential trade in elephant products, supported by EU funding. Energy Sector Progress: Pensana said Longonjo mine construction is on track for 2027 commissioning, while Eni and Petronas created the Searah JV in Southeast Asia with major investment plans.

Rare Earths Watch: London-listed Pensana says construction of Angola’s Longonjo mine is 22% complete, with $36m already spent and first mixed rare earth carbonite commissioning targeted for 2027; the $250m project aims to start at 20,000 tonnes and scale to 40,000 tonnes, with heavy rare earth recovery optimisation under way. Energy & Markets: LNG analysts report Atlantic Basin supply remains the backbone of global LNG since March, but utilisation slipped to 80% by the week ending 31 May as seasonal demand cools and maintenance rises. Digital Angola: Angola’s telecom ministry launched the official “GGPEN ANGOTIC 2026” app to help visitors track lectures, demos and networking for the June 11–13 ICT forum, expected to draw 20,000 visitors and 200+ startups. Diplomacy & Trade: President João Lourenço begins an official visit to Serbia (Aug. 8–10) with talks and an economic/business forum aimed at new investment and cooperation deals. Business Education: Trine University opens fall 2027 undergraduate applications for its Angola campus, keeping admissions test-optional and offering scholarships and grants to most students. Sports & Media: Angola Telecom won the first sector futsal tournament, and the telecom minister received a FAF merit certificate for supporting the event.

ANGOTIC 2026 Digital Push: Angola’s National Space Program (GGPEN) launched the official “GGPEN ANGOTIC 2026” app to help participants track lectures, demos, venues and networking during the June 11-13 ICT forum in Luanda. ANGOTIC 2026 Ticketing: Tickets/credentials are now available online and at Talatona Convention Hotel and Digital.AO, with category pricing from Kz 2,000 (students) up to Kz 1,000,000 (diamond). Forum Growth Outlook: MINTTICS says ANGOTIC-2026 expects 200+ startups and about 20,000 visitors, aiming to showcase Angola’s tech businesses and digital transformation. Macroeconomy Snapshot: Angola’s first-quarter 2026 growth hit 5.32%, with agriculture at ~20% of GDP and oil still ~15%—and oil remaining over 90% of exports. Environment & Business Risk: The environment minister warned Angola faces climate change, deforestation and waste-management gaps, urging coordinated action to protect ecosystems and improve resilience. Bilateral Trade Connectivity: Air France marked 50 years in Angola, highlighting Luanda–Paris links and the scale of French business presence. Energy & Investment Angle: The African Energy Chamber is set to spotlight Africa’s energy opportunities for Israeli stakeholders, with Angola among key producers driving the next investment cycle.