
Angola: Private Sector Investments Hit $1.7B Over 5 Years
The investments from the private sector have materialized into 211 projects and created 70,000 direct jobs, according to Angola’s AIPEX.
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The investments from the private sector have materialized into 211 projects and created 70,000 direct jobs, according to Angola’s AIPEX.
For the first time in the country’s history, Libya has opened the doors for domestic private players to invest in oil production and development.
Angola’s Private Investment and Export Promotion Agency has raised approximately $11 billion from private sector investment projects since 2018.
Increased private sector participation across Africa’s critical minerals and energy sectors is crucial for the continent to move its economies forward, says Haddison Etchou at IBC Consultancy
The Managing Director of the International Finance Corporation has highlighted the institution’s commitment to helping Mauritania boost private sector investments and the growth of the energy and agriculture sectors.
Representatives from the AfDB travelled to Zimbabwe to discuss how private sector participation can be optimized to boost energy investments.
Regional and international speaker confirmations speak to South Sudan’s increasing role as the hub for energy development in the Nile Basin and east Africa.
The Angolan regulator expressed just how fundamental a close cooperation between state entities and the international oil companies that largely compose the landscape of sub-Saharan Africa’s second biggest oil producer is, in order to tackle the sector’s many emerging challenges.
During the meeting, industry leaders were given the opportunity to present in-country operations and future developments.
President of the SACCI, Mtho Xulu a panel discussion on financing projects on the African continent.