Finance, Legal Experts to Unpack Angola’s O&G Reforms & Investment Surge at AOG 2025

Angola is increasing foreign investment in its oil and gas sector through targeted regulatory reforms aimed at unlocking the full potential of the industry to drive economic growth. With policies such as the Incremental Production Initiative, introduced through Presidential Decree 8/24 in November 2024, over $60 billion in investments have been committed for disbursement over the next five years. Additional capital inflows are expected as the country launches its 2025 oil and gas licensing round and the Gas Master Plan.

The upcoming Angola Oil & Gas (AOG) 2025 Conference – scheduled for September 3–4 in Luanda – will feature speakers form the finance and law sectors to discuss Angola’s evolving regulatory landscape and its role in shaping global investor sentiment.

Finance sector speakers include Ibitola Ukabam, Vice President of Investment at the Africa Finance Corporation (AFC) and Cristina Lourenço, Executive Director of Angola’s stock exchange, BODIVA. Ukabam is expected to share insights on the role of the AFC in driving the growth of Angola’s energy sector through transformative deals such as a $60 million injection into local oil firm Etu Energias to scale up production. The AFC has also led a major $335 million financing package to fund the development of the 30,000 barrels per day Cabinda Refinery project. In June 2025, Angola became a shareholder in the AFC with a $184.8 million equity investment, reinforcing its commitment to African-led development.

Lourenço is expected to outline BODIVA’s strategy to enhance capital access for critical energy infrastructure. The stock exchange plans to list at least 10 extractive sector companies – including Sonangol and Endiama – by 2028 to boost local and international private sector participation in the industry.

Complementing Angola’s investment reforms are its strong local content development policies, notably Presidential Decree 271/20, which mandates the inclusion of Angolan firms and workers in energy operations. At AOG 2025, Oneyka Ojogbo, Deputy Managing Partner at CLG, will moderate a session titled 50 Years On: The Role of National Champions in Angola’s Development, spotlighting regulatory measures that support workforce development and local value creation. A session titled Angola at 50: The Oil & Gas Industry – A Catalyst for Economic Transformation, will feature André Afonso, Partner – Assurance at EY, showcasing the transformative impact of policy reforms and new investments on Angola’s broader economic trajectory. Nuno Catanas, Founder and Managing Director of MC Jurist, is expected to explore the implications of regulatory updates on production capacity, midstream and downstream growth and the sector’s contribution to regional energy stability.

AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency; the Petroleum Derivatives Regulatory Institute; national oil company Sonangol; and the African Energy Chamber; the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact sales@ecp.fgxdev.co.za.