Having been influential in the growth of the Angolan energy sector by providing capital for public and private companies in the oil and gas and energy sectors since formation in 2005, the important role of institutions such as Banco Bic continues to expand as Angola seeks to fast-track electrification progress by boosting foreign-direct investments and the participation of private sector investors. With the bank establishing a dedicated oil and gas department and accelerating financing for hydrocarbons exploration and mid-stream operations and infrastructure development, Banco Bic remains a reliable partner for Angola’s energy market players.
With Banco Bic seeking local, regional and international financial solutions to partner with to fund a sustainable development of the Southern African country’s vast hydrocarbon resources, AOG presents the best platform for the bank to promote the country’s rich hydrocarbons basins, investment and partnership opportunities and negotiate and sign industry-changing deals.
In addition, with the energy transition taking center stage across the globe, resulting in an increased need to accelerate the penetration of renewable energy solutions to diversify the energy mix, AOG 2022 presents the best platform for Banco Bic to highlight to regional and international energy companies and investors, the related investment challenges and opportunities.
As a gold sponsor, Banco Bic will have access to exclusive networking forums and high-level meetings and panel discussions where the financial institution will discuss the role of the banking sector in revamping Angola’s entire energy industry including electricity generation, transmission and distribution systems.