AGP Executive Report

Angola–Botswana Diplomacy: Angola and Botswana signed two legal instruments in Luanda to deepen cooperation, including a political consultation mechanism and rules allowing remunerated work for diplomats’ dependents, with plans to move toward a binational commission in 2027. Judicial Leadership: Angola’s Supreme Court will hold a secret vote this Tuesday to elect a vice-president, with results sent for presidential appointment. Capital Markets: BODIVA saw a sharp drop in traded volumes and a shift in deal concentration over late August into early September, with Unitel losing dominance while Banco BAI gained weight. Banking Deal: Congolian Financial linked to Nelson Carrinho agreed to buy Banco BPI’s 33.35% stake in Banco de Fomento Angola for $452m, pending regulatory approvals. Public Health Alert: Scientists report an unusual rabies outbreak among seals in the Benguela Current ecosystem, urging people not to touch sick or dead animals. Culture & Tourism: Angola’s Minister of Culture Filipe Zau visited Uruguay to strengthen cultural ties under a 2026–2029 work plan. Sports: Petro de Luanda beat Songo 1-0 in the first leg of the CAF Champions League qualifiers, with the return in Luanda.

Angola–Nigeria Business Ties: Angola’s Foreign Affairs minister Bianca Odumegwu-Ojukwu assured Nigerian auto parts dealers in Luanda that their investments will be protected in future bilateral talks, warning against “phoney stories” that could undermine traders. Corporate Leadership: Champion Breweries confirmed Malolan Sampath has formally taken over as Managing Director/CEO from 1 September 2026, following a leadership transition. Capital Markets: Angola’s regulator approved the public sale of a 34% stake in Standard Bank de Angola (4.76m shares) to clear the way for the lender’s BODIVA debut and the state’s disposal of seized shares. Diplomacy with Botswana: Angola and Botswana signed two legal instruments to deepen cooperation, including political consultations and work rights for diplomatic dependants, with plans to move toward a binational commission in 2027. Public Health Alert: Foods Alive (Angola, Indiana) recalled nationwide organic moringa powder pouches after a supplier test flagged possible Salmonella contamination; no illnesses reported. Weather: INAMET forecasts morning mist in Icolo and Bengo, plus scattered rain and thunderstorms across several provinces. Sports: Petro de Luanda beat Songo 1-0 in the first leg of CAF Champions League qualifying, while Angola’s junior handball team kept its winning run in the Africano Júnior.

Capital Markets: Angola’s Capital Market Commission approved the public sale of a 34% stake in Standard Bank de Angola, clearing the way for the lender’s BODIVA debut and the state’s disposal of shares seized from Carlos Sao Vicente; the offer runs Sept 11–25, with trading expected to start Sept 30, and the price range is 41,220–50,000 kwanza per share. Water & Drought Response: President João Lourenço inaugurated the Ndúe and Calucuve dams in Cuvelai, Cunene, saying more water access should cut land conflicts between herders and local communities; Ndúe will initially benefit about 55,000 people and 60,000 head of cattle, with Calucuve also set to boost livestock and farming. Education Funding: Seven higher-education institutions in Angola will receive over $20.47m under the TEST programme, with funds released in stages tied to results. Public Health: Malaria remains a major regional concern as Namibia reports 122 deaths and 122,612 cases, while Angola’s own health news this week includes a moringa powder recall in the US market over possible Salmonella contamination. Sports (CAF): 1º de Agosto took a big step in the CAF Confederation Cup with a 2-0 first-leg win over Eswatini’s Green Mamba, setting up a return in Luanda.

Drought Response in Cunene: President João Lourenço returned to Luanda after inaugurating the Ndúe and Calucuve dams in Cuvelai, part of the PCESSA drought programme, with the Ndúe dam set to benefit about 55,000 people and 60,000 head of cattle in its first phase and Calucuve also geared to large-scale water supply. Water Access and Peace: Lourenço said more reliable water will help cut land conflicts, especially between livestock owners and local communities. Economic Promise for Rural Families: Angola’s National Assembly deputies linked the dam start-up to stronger agro-pastoral activity and greater economic empowerment for families, including through Kwenda cash transfers. Angola-India Business Push: Angola’s ambassador in India urged Indian investors to see Angola as a strategic gateway into southern Africa, announcing a November business delegation and the Angola-India Business Council. Road Safety Alarm: Angola’s national road accidents are rising sharply, with August figures showing hundreds of crashes, deaths and serious injuries. Sports—Confed Cup: 1.º de Agosto beat Green Mamba 2-0, while Kabuscorp took a 2-0 first-leg lead over Namibia’s UNAM FC. Sports—Hockey: DV Sport won the Taça de Angola in roller hockey, beating Petro de Luanda 5-2.

Water Security in Cunene: Angola’s Ndúe and Calucuve dams in Cuvelai are set to start operating today, with President João Lourenço and DRC President Félix Tshisekedi attending the inauguration, as part of the PCESSA drought-fighting programme. Rural Impact: The Energy and Water minister says the dams have stored enough rainwater to supply dispersed communities, livestock and irrigation, including coverage for Embudo and the Ondjiva periphery. Diplomacy in Luanda: The AU Extraordinary Session in Luanda backed a more proactive “Trigger Model” for conflict prevention, while Nigeria urged sustainable, African-led financing to reduce reliance on external funds. Angola Economy Watch: Angola’s current account posted a $2.08bn surplus in Q2, and BODIVA closed with a small 0.36% correction led by Unitel and BFA. Business & Mobility: Angola and Macau signed a mutual visa exemption deal, allowing visa-free stays up to 30 days after entry.

Angolan Economy & Finance: Angola’s credit to the non-financial sector rose to 9.2 billion kwanzas in July, up 12.8% year-on-year, with most lending going to the private sector, according to Banco Nacional de Angola. Climate & Risk: INAMET in Luanda dismissed claims that El Niño will strongly impact Angola, saying there’s no scientific basis for the “contradictory” reports, while noting some studies in the wider southern Africa context. Infrastructure & Connectivity: ITEL and TV Cabo signed a cooperation deal to train and place young people, including internships and improved internet access for students. Road Safety: Angola’s Navy education command urged tighter coordination with road-safety institutions to cut serious crashes linked to speeding, alcohol, phone use and fatigue. Regional Diplomacy: At Angola’s AU peace session in Luanda, Cameroon’s Dion Ngute pushed dialogue and early-warning systems to tackle conflicts. Sports (Angola): 1º de Agosto, Kabuscorp and Petro de Luanda begin CAF campaigns this weekend, with Angola’s clubs facing tough preliminary ties.

Cunene Water Security: Angola’s drought fight gets a major boost as President João Lourenço inaugurates the Ndúe and Calucuve dams, with DRC President Félix Tshisekedi attending in the south. Weather Watch: INAMET rejects claims that “El Niño” will have a major impact on Angola, saying the circulating reports lack scientific basis. Youth & Connectivity: ITEL and TV Cabo sign a cooperation deal to train and place young people, including internships and improved internet access for students. Road Safety Push: Angola’s Navy urges stronger cooperation on traffic planning and road safety, citing speed, alcohol, phone use and fatigue as key causes of serious crashes. Banking & Credit: Angola’s credit to the non-financial sector rises 12.8% year-on-year in July, with most lending going to private businesses and households. Sports (CAF): 1º de Agosto, Kabuscorp and Petro de Luanda begin CAF campaigns this weekend, with Angola’s clubs facing tough preliminary-round tests. Diaspora & Trade: Nigeria pledges to protect Nigerian businesses in Angola ahead of the next Nigeria-Angola Joint Commission, after inspecting Luanda’s auto-parts hub.

Oil & Gas Push: Sonangol says Angola must boost reserves, keep production competitive, and invest across the value chain as it presents NJ Ayuk’s book on oil sector transformation. Local Content & Finance: Afreximbank will bring a dedicated Local Content Forum to the Angola Oil & Gas conference to mobilize capital for Angolan firms and expand indigenous participation. AOG Conference Momentum: Angola’s upstream regulator ANGP is urging fresh investment as production has stayed flat since 2021, with Luanda offering improved terms for mature fields and cost recovery. Water Security in Cunene: The Cunene governor highlights progress on drought-fighting water projects, including the Cafu canal and dams Ndúe and Calucuve, to stabilize rural supply. Mobility Safety: Yango Ride reports a 38% drop in reckless driving incidents across Africa (2024–2025) and says similar safety and driver wellbeing events will return in Cameroon in September 2026. Governance Watch: MPs in Kenya raised alarms over school fee arrears, unauthorised borrowing and weak procurement after Auditor-General findings. Sports: Angola’s futsal coach Franklin Inácio was dismissed by mutual agreement as the federation moves to a full-time setup.

Water Security in Cunene: Cunene’s governor, Gerdina Didalelwa, says drought-fighting works are improving supply, citing the Cafu canal already operating since 2022 and dams Ndúe and Calucuve due for inauguration this week, alongside urban distribution via a pipeline from the Cunene River. Oil Sector Push: Sonangol’s board chair Sebastião Gaspar Martins argues Angola must strengthen oil reserves, keep production competitive, and expand the value chain through refining capacity as it backs exploration and new projects. Fiber Optics Expansion: In Benguela’s Lobito, Telecom minister Mário Oliveira inaugurated ZAP Fibra and said Angola is preparing a domestic submarine cable to link coastal cities and support nationwide terrestrial fiber, with plans for cross-border connections. Angola Oil & Gas Local Supply: TotalEnergies and ExxonMobil will run procurement workshops in Luanda on Sept. 8, giving Angolan suppliers direct access to contracting requirements tied to upstream projects. Brent Price Watch: Brent opened at $95.19, a slight dip after recent gains linked to Middle East supply fears. Humanitarian Warning: Amnesty International reports Angolan drought-displaced people in Namibia face arrests, detention, lack of services and deportation risks due to unsafe legal status. Sports Desk: FAF removed futsal coach Franklin Inácio by mutual agreement as it moves to a full-exclusive national futsal setup; CAF Champions League prelims also kick off this weekend.

Public Health: Angola’s hepatitis B drive in Luanda and eight provinces found 2,954 positives out of 42,214 tests, with a 7% overall positivity rate and Luanda leading at 1,526 cases. Transport & Infrastructure: The EN100 in Cabo Ledo (Icolo e Bengo) is set for 41 km of rehabilitation, with 2,300 vehicles daily on the route and plans to duplicate parts of the road in 2027. Energy & Connectivity: Angola and Mauritius discussed electricity partnerships and financing, while in Benguela the minister inaugurated ZAP Fibra and its data centre to push digital transformation. Regional Trade: The Lobito Corridor takes a major step as the DRC signs the concession for the Benguela railway stretch to Zambia, aiming to end delays and unlock integration. Economy & Markets: BODIVA led Luanda’s stock session with a 1.23% gain, while BFA fell 2% and Unitel stood out for liquidity. Sports & Culture: Angola’s roller hockey coach João Pinto named 15 pre-selected players for the World Cup in Paraguay, and Luanda will host the E1 Luanda Grand Prix with 10 mixed teams. Social Program: Across Angola, 177 social infrastructures will be inaugurated during the 17 de Setembro events, spanning education, health, energy, housing and roads.

Military & Security Reshuffle: Angola’s President João Lourenço has ordered changes across the armed forces, National Police, SIC and intelligence bodies, with senior officers exonerated, promoted and moved into retirement. Mining & Investment Climate: In Uíge, the oil and mining minister said Angola is stable for private investment as the Tetelo copper mine expands, with zinc and lead also expected. Water for Drought Recovery: In Cunene, the Ndúe and Calucuve dams are being inaugurated under the drought-response plan, aiming to shift farmers from rain-fed cycles to year-round irrigation. Social Protection Upgrade: Angola’s INSS facilities in Bengo have reopened, with the minister calling for more humane, accessible services for contributors and pensioners. Human Rights Watch: Amnesty warns drought-driven displacement is pushing Angolan women and children into Namibia, where they face harsh treatment and forced returns. Economy Watch (Luanda): BODIVA reported a 3.01% market drop in the first September session, led by UNITEL’s continued trading weight. Regional Diplomacy: Angola is also in the spotlight as African leaders push conflict-prevention reforms through AU processes.

Education & Youth Pipeline: Luanda expects 107,268 new students to enter the 12th-grade initiation system in 2026-2027, with the provincial education network using existing public and private schools while infrastructure work continues. Diplomacy & Multilateralism: Angola reaffirmed its commitment to multilateralism and non-alignment at the Non-Aligned Movement’s 65th anniversary meeting in Belgrade, as Téte António represented President João Lourenço. AU Peace Agenda: Angola is set to host an AU extraordinary session in Luanda focused on strengthening conflict prevention and resolution mechanisms, with an emphasis on timely prevention. Public Service Humanisation: In Bengo, the INSS reopened facilities to bring social security services closer to citizens, stressing better conditions and more humane customer care. Connectivity & Transport: TAAG and LATAM signed a code-share deal to expand air links between Angola and Brazil via São Paulo, boosting combined itineraries for passengers. Road Infrastructure: The minister launched conservation works on National Road 105 (Ondjiva–Môngua) under a national roads and bridges maintenance programme. Sports: Filipe Nzanza praised 1º de Agosto’s Girabola momentum after a 2-1 win over Interclube. Business & Labour: TAAG withdrew a strike notice after talks with workers, keeping negotiations on a balanced solution ongoing.

AU Conflict Talks in Luanda: Angola hosted the 21st AU Extraordinary Session on conflict prevention and resolution, with leaders pushing for earlier action and better coordination—plus a stronger push for African-funded peace. Peace Funding Push: Namibia’s Netumbo Nandi-Ndaitwah said the “Luanda Plan of Action” sets clear responsibilities, timelines and funding needs, urging less reliance on outside money. Nigeria-South Africa Xenophobia Row: In Luanda ahead of his return home, VP Kashim Shettima warned Nigeria will no longer tolerate dehumanisation or mistreatment of Nigerians in South Africa, while urging dialogue and restraint. Diaspora Security Assurance: Nigeria’s defence minister Christopher Musa reassured Nigerians in Angola that border security and Sahel-linked threats are being tackled. Ghana Reparations Move: Ghana welcomed a UN CERD report backing reparatory justice for transatlantic slavery, calling it a shift from acknowledgement to obligation. Angolan Innovation: Startup KambaWork launched a national jobs and opportunities platform to connect youth with internships, volunteering, scholarships and micro-work.

AU Conflict Prevention: Vice President Kashim Shettima wrapped up Nigeria’s role at the 21st AU extraordinary summit in Luanda, backing the Luanda Action Plan and pushing for stronger African-led mechanisms plus sustainable funding for peace and security. Xenophobia Row: Shettima also warned South Africa that Nigeria “will no longer tolerate” dehumanisation and mistreatment of Nigerians and other Africans, calling for protection of dignity and lives while urging dialogue and AU action. Angola Health Infrastructure: President João Lourenço authorised €118.2m to build four municipal hospitals in Moxico (Cangamba, Cangumbe, Lucusse and Lumbala Nguimbo), with additional funds for supervision. Digital Government Push: Angola approved $210.91m for an integrated digital state services ecosystem, including public digital infrastructure, e-identity and interoperability. Education Update: Angola’s new school year opens with 9.8m+ learners nationwide, alongside plans for new schools and distribution of learning materials. Economy & Markets: BODIVA reported 211.3m kwanzas traded, led by Unitel, while the kwanza showed stability versus the dollar into August. Sports & Culture: Petro de Luanda signed Dimitri Maconda for two seasons; FIC Luanda 2026 received 88 entries for national competition.

AU Peace Push in Luanda: Angola’s President João Lourenço urged the African Union to move from decisions to results, strengthening conflict prevention, mediation and monitoring as leaders closed the 21st AU Extraordinary Session in Luanda. Conflict Prevention Financing: AU officials and partners stressed that peace needs predictable funding and reforms to the continent’s peace and security architecture, with calls for early warning and early action. Xenophobia at the AU: Nigeria’s Tinubu, via VP Shettima, demanded urgent AU action over recurring xenophobic and Afrophobic attacks in South Africa, warning they threaten African solidarity and calling for dialogue and preventive diplomacy. Angola’s Regional Role: The AU meeting also drew leaders including Namibia’s Nandi-Ndaitwah, Somalia’s deputy PM and others, all backing African-led approaches to prevention and resolution. Energy Deal in Angola: Etu Energias agreed to buy Chevron stakes in Angola’s deepwater blocks 14 and 14K for $260m, aiming to become the largest interest holder and potentially take operatorship. Lobito Corridor Rail: Angola and DR Congo signed a new railway agreement to expand the Lobito route for faster mineral exports, estimated at about $1.258bn.

AU Conflict Prevention Push in Luanda: Angola hosted the 21st AU Extraordinary Session, ending with the “Luanda Decision” demanding measurable results on conflict prevention and resolution, with a focus on early warning, preventive diplomacy, stronger accountability, and more African financing for peace efforts. Luanda Action Plan Endorsed: Ghana’s President John Mahama backed the Luanda Action Plan and its implementation matrix, stressing early warning must trigger early action backed by predictable, sustainable, African-owned funding. Financing the Peace Agenda: Rwanda and other leaders argued Africa can’t rely on external donors alone, pointing to the AU Peace Fund and the need for resources that arrive on time. Xenophobia to the AU Agenda: Nigeria’s President Tinubu formally reported recurring xenophobic and Afrophobic attacks in South Africa to the AU, urging collective action and placement on the AU’s January 2027 agenda. Prevention as the Core: Morocco and others called for prevention to sit at the heart of peace and security, tackling root causes and strengthening coordination with the UN. Sports—Angola Basketball: Angola beat Côte d’Ivoire 91-70 in World Cup qualifiers in Dakar, securing second place in Group F. Local Football—Coaching Change: Luís Quintas took provisional charge of Sagrada Esperança after poor results, aiming for top-three finishes.