AGP Executive Report
Last update: 2 hours agoAU Peace Agenda: Angola hosted the 21st Extraordinary AU Session in Luanda on “Strengthening conflict prevention and resolution in Africa,” with Cameroon’s envoy Dion Ngute pushing dialogue, early warning and sustainable funding for African-led peace operations, alongside adoption of the Luanda Action Plan. Angolan Credit Growth: Angola’s gross credit to the non-financial sector rose 12.8% year-on-year to 9.2 billion kwanzas in July, with private-sector borrowing driving most of the increase. Water Security in the South: Angola’s Cunene province is set for a new chapter as President João Lourenço inaugurates the Ndúe and Calucuve dams, aimed at easing drought impacts and supporting socio-economic development. Oil & Gas Dealmaking: Chariot Resources shares jumped after a framework agreement with Etu Energias and BW Energy to expand its economic exposure in Angola’s Chevron-operated Block 14 and Block 14K, with Etu positioned to take over operations. Angola Business Links: Angola joined the African Franchising Association, opening doors for cross-border brand expansion and capacity building under AfCFTA.
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