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Spotlight | Angola
Why Sonangol can't shake off Trafigura

As a result of Gaspar Martins' difficulty in building a new terminal for Sonangol, the Swiss trading house Trafigura remains the only firm able to stock imported oil products in large quantities in Angola. [...]

Published on 27/01/2021 at 06:00 GMT Reading time 3 minutes

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Energy

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Africa Middle East Resources Investment
Ahmed bin Dalmook Juma al Maktoum
Ameri Group
Atlantic Ventures
Averi Capital
Carlos Saturnino
China Petroleum Pipeline Construction Co
CNPC
Cochan
Dino
Gaspar Lino
Gaspar Martins
Gemcorp
Hélder Pitta Grós
Isabel dos Santos
Joao Lourenco
Jose Eduardo dos Santos
Leopoldino Fragoso do Nascimento
Luis Maria
Mauro Graca
Mobil Angola
Mota-Engil
Pumangol
Sonangol
Total
Trafigura

Angola
Lourenço helps Gemcorp extend foothold in energy sector

The British investment firm run by Atanas Bostandjiev has won yet another major energy contract with the help of the Angolan president.

Subscribers only Infrastructure, Energy 12.04.2024

Spotlight | Angola, Congo, DRC
Swiss prosecute Trafigura for 'bribing' Angolan officials

In a first for Switzerland, the commodities trading giant and two of its former executives, Mike Wainwright and Thierry Plojoux, are to stand trial for allegedly bribing foreign officials.

Subscribers only Energy, Commodity traders 22.12.2023

Angola
Visalia sues Seadrill for $70m over hook-up with Sonangol

The drilling company Seadrill, which has been associated with Sonangol in the Sonadrill joint venture since 2019, is now in the sights of Visalia Marketing communications agency. The agency wants $70m from Seadrill for having hooked it up with the Angolan state-owned company.

Free access Energy 13.06.2023

Central Africa
Why Trafigura has positioned itself on the Lobito-Kolwezi corridor

Swiss trader Trafigura, which is increasing its supply agreements in the DRC and Zambia, is keen to trump its competitors by having a copper transport route to Angola. Together with Mota-Engil and Vecturis, it has responded to the call for tenders to manage the rail corridor between Kolwezi and Lobito.

Subscribers only Mining, Commodity traders 09.03.2022

Inner circles | UAE, West Africa
Abu Dhabi Ports in chaotic dash to build Africa empire

With a war chest of a billion dollars, Abu Dhabi Ports is hunting for projects in Africa in a bid to match its arch-rival DP World. Backed by the emirate's highest authorities, the parastatal, which in less than two years has gone from sub-regional player to global giant, is nevertheless struggling to build a proper African empire.

Free access Infrastructure, Business 14.01.2022

A delivery of bauxite from Guinea by Abu Dhabi Ports in June 2018.

Angola
Washington visa ban on Isabel dos Santos boosts Luanda's asset hunt

The Biden administration has banned Isabel dos Santos from entering the US. The ban signals US support for Angola's worldwide hunt for her assets, which allegedly come from embezzled public funds.

Subscribers only Business 15.12.2021

Angola
Rosoboronexport and Paramount compete for helicopter contract

Almost a third of Angola's combat helicopters are currently out of action. The Russian arms export agency Rosoboronexport and South African group Paramount are jockeying for the contract to repair or replace them.

Subscribers only Defence, Business 22.11.2021

Angola, Morocco
Zouhaïr Bennani eyes Kero supermarkets confiscated from Dos Santos era generals

One of Morocco's leading retailers, and Carrefour's partner in the north African country, is taking an interest in the call for tenders issued by the Angolan government to take over the management of twelve Kero hypermarkets that were previously owned by allies of the ex-Angolan president.

Subscribers only Business 12.11.2021

Zouhair Bennani, chairman and chief executive of major retail chain Label'Vie.

Kenya
Ex-Shell and Trafigura execs go on East Africa offensive with new Montfort trading firm

The Montfort Group run by former Shell and Trafigura executives has entered the east African market with the purchase of assets in Kenya and Mozambique.

Free access Energy, Commodity traders 21.10.2021

Angola
Lourenço tainted by anti-corruption probe into top adviser dos Anjos

João Lourenço's anti-corruption record has taken another blow after one of his closest advisers, Isaac dos Anjos, was charged with misusing funds from the state-owned Sonango oil firm to build luxury property.

Subscribers only Politics 04.05.2021

Angola, Brazil
Brazil's meat producers alarmed by Lourenço's protectionism

After a decade of unbridled growth, Brazilian meat exports to Angola could take a steep dive as early as this summer due to new protectionist policies put in place by President João Lourenço.

Subscribers only Energy 14.04.2021

Spotlight | Angola
Lourenço follows dos Santos asset trail to Singapore

Angola's justice ministry has previously asked Emirati and Mauritian authorities to help it locate the assets of the dos Santos family. Now it is taking the treasure hunt all the way to Singapore. Isabel dos Santos, for her part, is fighting back in court in London.

Free access Diplomacy 30.03.2021

Isabel dos Santos, daughter of former Angolan president José Eduardo dos Santos.

Angola
Companies offer free clean-up of trash-strewn Luanda to win back cancelled contracts

Rubbish is piling up on the streets of the capital after cash-strapped city authorities abruptly cancelled waste-management contracts last year. In the hope of winning new ones now that João Lourenço has mobilised funds, some firms have offered their services at no cost.

Subscribers only Business 30.03.2021

Angola
Luanda keeps at São Vicente after Swiss court orders partial asset thaw

Luanda intends to pursue embezzlement and money laundering proceedings against Angolan businessman Carlos de São Vicente, despite the Swiss courts' recent decision to invalidate part the seizure of part of his assets, worth over $900m.

Subscribers only Politics 29.03.2021

Angola
Odebrecht wants larger slice of Cabinda refinery project

The London-based investment fund Gemcorp, which is financing the future 60,000-bpd Cabinda plant, has hired Odebrecht to carry out part of the work. But the Brazilian company is negotiating for more.

Subscribers only Energy 24.03.2021

Spotlight | Angola
Cabinda refinery: and the winner of the construction bid for Lourenço's giant project is...

British investment company Gemcorp, which is financing the new refinery in Cabinda (3.2m tonnes) has finally awarded contracts for building outdoor facilities.

Subscribers only Energy 23.02.2021

Angola
Luanda seeks advice on financing Barra do Dande oil terminal

The Luanda authorities plan to set aside $757,000 to hire a consultant to carry out economic feasibility assessments for the Barra do Dande oil terminal.

Subscribers only Energy, Business 23.12.2020

The Barra do Dande oil terminal under construction (2015).

Angola, UAE
Ex-Gemcorp Africa boss building bridges between Dubai and continent

After stepping down as head of Africa for Gemcorp last year, the Portuguese financier Gaspar Lino has kept one foot in the African continent and another in Dubai, where he runs his own financial services firm while managing the African assets of a local sheikh.

Subscribers only Finance, Energy 26.06.2020

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Africa Middle East Resources Investment
Ahmed bin Dalmook Juma al Maktoum
Ameri Group
Atlantic Ventures
Averi Capital
Carlos Saturnino
China Petroleum Pipeline Construction Co
CNPC
Cochan
Dino
Gaspar Lino
Gaspar Martins
Gemcorp
Hélder Pitta Grós
Isabel dos Santos
Joao Lourenco
Jose Eduardo dos Santos
Leopoldino Fragoso do Nascimento
Luis Maria
Mauro Graca
Mobil Angola
Mota-Engil
Pumangol
Sonangol
Total
Trafigura

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Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Spotlight | Angola
Why Sonangol can't shake off Trafigura

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create a free account

Set up email notifications for these topics

Angola
Lourenço helps Gemcorp extend foothold in energy sector

Spotlight | Angola, Congo, DRC
Swiss prosecute Trafigura for 'bribing' Angolan officials

Angola
Visalia sues Seadrill for $70m over hook-up with Sonangol

Central Africa
Why Trafigura has positioned itself on the Lobito-Kolwezi corridor

Inner circles | UAE, West Africa
Abu Dhabi Ports in chaotic dash to build Africa empire

Angola
Washington visa ban on Isabel dos Santos boosts Luanda's asset hunt

Angola
Rosoboronexport and Paramount compete for helicopter contract

Angola, Morocco
Zouhaïr Bennani eyes Kero supermarkets confiscated from Dos Santos era generals

Kenya
Ex-Shell and Trafigura execs go on East Africa offensive with new Montfort trading firm

Angola
Lourenço tainted by anti-corruption probe into top adviser dos Anjos

Angola, Brazil
Brazil's meat producers alarmed by Lourenço's protectionism

Spotlight | Angola
Lourenço follows dos Santos asset trail to Singapore

Angola
Companies offer free clean-up of trash-strewn Luanda to win back cancelled contracts

Angola
Luanda keeps at São Vicente after Swiss court orders partial asset thaw

Angola
Odebrecht wants larger slice of Cabinda refinery project

Spotlight | Angola
Cabinda refinery: and the winner of the construction bid for Lourenço's giant project is...

Angola
Luanda seeks advice on financing Barra do Dande oil terminal

Angola, UAE
Ex-Gemcorp Africa boss building bridges between Dubai and continent

Angola
Manuel José Nunes Júnior tasked with kick-starting Barra do Dande oil terminal project

Angola, Mozambique
Troubled Trafigura offshoot Puma reshuffles top line up

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

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Botswana, South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo The secrets of Demex, the trader selling Russian oil in West Africa

African Union: the battle of the giants

West African cocoa cartel battles with the traders

The generals waging war from Khartoum to Darfur

Spotlight | Angola Why Sonangol can't shake off Trafigura

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Angola Lourenço helps Gemcorp extend foothold in energy sector

Spotlight | Angola, Congo, DRC Swiss prosecute Trafigura for 'bribing' Angolan officials

Angola Visalia sues Seadrill for $70m over hook-up with Sonangol

Central Africa Why Trafigura has positioned itself on the Lobito-Kolwezi corridor

Inner circles | UAE, West Africa Abu Dhabi Ports in chaotic dash to build Africa empire

Angola Washington visa ban on Isabel dos Santos boosts Luanda's asset hunt

Angola Rosoboronexport and Paramount compete for helicopter contract

Angola, Morocco Zouhaïr Bennani eyes Kero supermarkets confiscated from Dos Santos era generals

Kenya Ex-Shell and Trafigura execs go on East Africa offensive with new Montfort trading firm

Angola Lourenço tainted by anti-corruption probe into top adviser dos Anjos

Angola, Brazil Brazil's meat producers alarmed by Lourenço's protectionism

Spotlight | Angola Lourenço follows dos Santos asset trail to Singapore

Angola Companies offer free clean-up of trash-strewn Luanda to win back cancelled contracts

Angola Luanda keeps at São Vicente after Swiss court orders partial asset thaw

Angola Odebrecht wants larger slice of Cabinda refinery project

Spotlight | Angola Cabinda refinery: and the winner of the construction bid for Lourenço's giant project is...

Angola Luanda seeks advice on financing Barra do Dande oil terminal

Angola, UAE Ex-Gemcorp Africa boss building bridges between Dubai and continent

Angola Manuel José Nunes Júnior tasked with kick-starting Barra do Dande oil terminal project

Angola, Mozambique Troubled Trafigura offshoot Puma reshuffles top line up

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

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Spotlight | Angola
Why Sonangol can't shake off Trafigura

Angola
Lourenço helps Gemcorp extend foothold in energy sector

Spotlight | Angola, Congo, DRC
Swiss prosecute Trafigura for 'bribing' Angolan officials

Angola
Visalia sues Seadrill for $70m over hook-up with Sonangol

Central Africa
Why Trafigura has positioned itself on the Lobito-Kolwezi corridor

Inner circles | UAE, West Africa
Abu Dhabi Ports in chaotic dash to build Africa empire

Angola
Washington visa ban on Isabel dos Santos boosts Luanda's asset hunt

Angola
Rosoboronexport and Paramount compete for helicopter contract

Angola, Morocco
Zouhaïr Bennani eyes Kero supermarkets confiscated from Dos Santos era generals

Kenya
Ex-Shell and Trafigura execs go on East Africa offensive with new Montfort trading firm

Angola
Lourenço tainted by anti-corruption probe into top adviser dos Anjos

Angola, Brazil
Brazil's meat producers alarmed by Lourenço's protectionism

Spotlight | Angola
Lourenço follows dos Santos asset trail to Singapore

Angola
Companies offer free clean-up of trash-strewn Luanda to win back cancelled contracts

Angola
Luanda keeps at São Vicente after Swiss court orders partial asset thaw

Angola
Odebrecht wants larger slice of Cabinda refinery project

Spotlight | Angola
Cabinda refinery: and the winner of the construction bid for Lourenço's giant project is...

Angola
Luanda seeks advice on financing Barra do Dande oil terminal

Angola, UAE
Ex-Gemcorp Africa boss building bridges between Dubai and continent

Angola
Manuel José Nunes Júnior tasked with kick-starting Barra do Dande oil terminal project

Angola, Mozambique
Troubled Trafigura offshoot Puma reshuffles top line up

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