AGP Executive Report
Last update: 4 hours agoNamibia–Angola Trade: The neighbours are seeking to reverse declining trade, with about 95 businesspeople expressing interest in new opportunities. Their agenda includes a one-stop border post, a rail extension into Angola, an electricity interconnector and extending the Cafu water canal into Namibia. Shared Energy: Namibia’s energy minister urged both governments to move the 600-megawatt Baynes hydropower project from years of studies to construction; output is planned to be split equally between the two countries. Oil and Public Spending: Angola’s fuel-subsidy bill is projected to reach $4 billion in 2026, while plans to speed up oil and gas licensing aim to attract investment. Industrial Contract: Spain’s Navantia will repair and modernise two Angolan Navy patrol vessels, with training and maintenance support included.
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