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Angola
Gemcorp vs Gaydamak: the new world eclipses the old

In the government's good books, the investment manager Gemcorp has snatched a giant contract for a refinery from under the noses of Arcadi Gaydamak, a symbol of the Dos Santos years. [...]

Published on 20/11/2019 at 04:30 GMT Reading time 2 minutes

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Business

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Arcadi Gaydamak
Atanas Bostandjiev
Cargill International
Gemcorp
Joao Lourenco
Jose Eduardo dos Santos
Kingbird Commodities
Norman Hay
Russia-Africa Summit and Economic Forum
Sonangol
United Shine
VTB

Angola
Gemcorp's Reginald Crawford paves way for Lourenço's pricey refinery

With the preliminary studies for a 60,000-bpd refinery in the remote Cabinda province complete, the path is clear of a FID. The man behind this achievement is financier Reginald Crawford, the right-hand man of Gemcorp founder Atanas Bostandjiev.

Subscribers only Energy 10.06.2020

Angola
Lourenço favourite Luís Nunes tipped to partner Gemcorp in Cabinda refinery project

Construction company Omatapalo, which was set up by Luís Nunes, a member of the political bureau of the governing MPLA party, is expected to become Gemcorp's partner on President Lourenço's huge refinery project.

Subscribers only Energy 21.05.2020

Luis Nunes, founder of contruction firm Omatapalo and Huila governor.

Angola
In-house shake-up at Gemcorp, the state's favourite financier

Having become in just a few years the Angolan state's leading financial partner, the Russian-British investment firm has lost one of its key executives.

Subscribers only Finance, Business 19.02.2020

Angola, DRC
Cremonini, the discreet Italian agribusiness giant

The family business based in Modena is one of the leading meat distributors in central Africa.

Subscribers only Business 22.01.2020

Angola
VTB and Sberbank in battle of the Russian banks

After the Russian bank VTB failed to win the contract [...]

Subscribers only Finance, Business 18.12.2019

In Focus | Angola
Battle rages over Swiss oil refinery removal plan

Angola's Cabinda mega refinery project, which was hatched as a way of ending the embarrassing petrol shortages which regularly paralyse Africa's second biggest oil producer, has attracted all the major international operators, thanks to the financial and oil supply guarantees offered by President João Lourenço.

Subscribers only Energy 02.12.2019

The Tamoil refinery in Collombey, Switzerland

Angola
Fuel shortages: Joao Lourenco cuts in to Sonangol turf

The fuel shortages in May have triggered President Joao Lourenco into action. As a guest at the Angola Oil & [...]

Subscribers only Energy 11.06.2019

Angola
Putin dispatches Rushydro and Rosatom to take on power market

The Russian energy firms have shifted into top gear to take on the Angolan market.

Subscribers only Infrastructure, Energy 14.05.2019

Angola
Joao Lourenco picks a Manuel Vicente supporter to get Sonangol back on its feet

In the end, Carlos Saturnino's discord with the hydrocarbons agency cost him his job.

Subscribers only Energy 14.05.2019

Angola
The Dos Santos-Trafigura era bows out to Lourenco-Total era

The French major's new refined products supply contract with Sonangol is a heavy blow to the state-owned firm's long-term partner Trafigura.

Subscribers only Energy 02.10.2018

Angola, Ivory Coast
Joao Lourenco's renewed interest in SIR

The hatchet has been buried between Angola and Ivory Coast. [...]

Subscribers only Politics 18.07.2018

Angola
Why is Lourenco desperate to hold on to Cabinda refinery mirage?

Sonangol will be presenting its report to the Angolan government in late August on its choice of company for the [...]

Subscribers only Energy 17.07.2018

Angola
Moscow, Luanda's new diamond chum

As it continues to court African governments to secure long-term [...]

Subscribers only Mining 29.05.2018

Angola
Luanda and Pretoria team up to finance Lauca

After securing a loan from British investment fund Gemcorp and another from the Standard Chartered Bank to build the 2,070 [...]

Subscribers only Energy 06.03.2018

Angola
Lourenco successfully dims Petrobras power scandal

Denied funding by the Banco Nacional de Desenvolvimento Economico e Social (BNDES) to build the 2,070 MW Lauca hydropower dam [...]

Subscribers only Energy 20.02.2018

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Zeev Zacharin still sought in Luxembourg over Gaydamak's missing millions

Retired Israeli general Zeev Zacharin, now in the business of private security and diamonds, stands accused of taking part in the defrauding of businessman Arcadi Gaydamak. Time will tell if he turns up for his court appearance in Luxembourg.

Subscribers only Intelligence Online 25.08.2021

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Arcadi Gaydamak
Atanas Bostandjiev
Cargill International
Gemcorp
Joao Lourenco
Jose Eduardo dos Santos
Kingbird Commodities
Norman Hay
Russia-Africa Summit and Economic Forum
Sonangol
United Shine
VTB

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Ivory Coast
French investigation sends tremors through Abidjan's political class

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Angola
Gemcorp vs Gaydamak: the new world eclipses the old

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Set up email notifications for these topics

Angola
Gemcorp's Reginald Crawford paves way for Lourenço's pricey refinery

Angola
Lourenço favourite Luís Nunes tipped to partner Gemcorp in Cabinda refinery project

Angola
In-house shake-up at Gemcorp, the state's favourite financier

Angola, DRC
Cremonini, the discreet Italian agribusiness giant

Angola
VTB and Sberbank in battle of the Russian banks

In Focus | Angola
Battle rages over Swiss oil refinery removal plan

Angola
Fuel shortages: Joao Lourenco cuts in to Sonangol turf

Angola
Putin dispatches Rushydro and Rosatom to take on power market

Angola
Joao Lourenco picks a Manuel Vicente supporter to get Sonangol back on its feet

Angola
The Dos Santos-Trafigura era bows out to Lourenco-Total era

Angola, Ivory Coast
Joao Lourenco's renewed interest in SIR

Angola
Why is Lourenco desperate to hold on to Cabinda refinery mirage?

Angola
Moscow, Luanda's new diamond chum

Angola
Luanda and Pretoria team up to finance Lauca

Angola
Lourenco successfully dims Petrobras power scandal

Zeev Zacharin still sought in Luxembourg over Gaydamak's missing millions

Set up email notifications for these topics

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Ivory Coast French investigation sends tremors through Abidjan's political class

Libya From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

The generals waging war from Khartoum to Darfur

Makhzen Inc. or the ever more prosperous business empire of Mohammed VI's entourage

Kinshasa's pan-African plans for Grand Inga

Angola Gemcorp vs Gaydamak: the new world eclipses the old

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Set up email notifications for these topics

Angola Gemcorp's Reginald Crawford paves way for Lourenço's pricey refinery

Angola Lourenço favourite Luís Nunes tipped to partner Gemcorp in Cabinda refinery project

Angola In-house shake-up at Gemcorp, the state's favourite financier

Angola, DRC Cremonini, the discreet Italian agribusiness giant

Angola VTB and Sberbank in battle of the Russian banks

In Focus | Angola Battle rages over Swiss oil refinery removal plan

Angola Fuel shortages: Joao Lourenco cuts in to Sonangol turf

Angola Putin dispatches Rushydro and Rosatom to take on power market

Angola Joao Lourenco picks a Manuel Vicente supporter to get Sonangol back on its feet

Angola The Dos Santos-Trafigura era bows out to Lourenco-Total era

Angola, Ivory Coast Joao Lourenco's renewed interest in SIR

Angola Why is Lourenco desperate to hold on to Cabinda refinery mirage?

Angola Moscow, Luanda's new diamond chum

Angola Luanda and Pretoria team up to finance Lauca

Angola Lourenco successfully dims Petrobras power scandal

Zeev Zacharin still sought in Luxembourg over Gaydamak's missing millions

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Ivory Coast
French investigation sends tremors through Abidjan's political class

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Angola
Gemcorp vs Gaydamak: the new world eclipses the old

Angola
Gemcorp's Reginald Crawford paves way for Lourenço's pricey refinery

Angola
Lourenço favourite Luís Nunes tipped to partner Gemcorp in Cabinda refinery project

Angola
In-house shake-up at Gemcorp, the state's favourite financier

Angola, DRC
Cremonini, the discreet Italian agribusiness giant

Angola
VTB and Sberbank in battle of the Russian banks

In Focus | Angola
Battle rages over Swiss oil refinery removal plan

Angola
Fuel shortages: Joao Lourenco cuts in to Sonangol turf

Angola
Putin dispatches Rushydro and Rosatom to take on power market

Angola
Joao Lourenco picks a Manuel Vicente supporter to get Sonangol back on its feet

Angola
The Dos Santos-Trafigura era bows out to Lourenco-Total era

Angola, Ivory Coast
Joao Lourenco's renewed interest in SIR

Angola
Why is Lourenco desperate to hold on to Cabinda refinery mirage?

Angola
Moscow, Luanda's new diamond chum

Angola
Luanda and Pretoria team up to finance Lauca

Angola
Lourenco successfully dims Petrobras power scandal