Oil Production: 1.12M bpd ▼ -3.2% vs 2024 | Brent Crude: $78.40 ▲ +2.1% MTD | Energy GDP Share: 28% ▼ -2pp vs 2023 | FDI Inflows: $4.8B ▲ +12% vs 2024 | Refining Capacity: 310K bpd ▲ Cabinda + Lobito | Renewable Target: 7.5 GW ▲ by 2030 | Credit Rating: B3/B- ▲ Moody's / Fitch | Inflation: 22.4% ▼ -6pp vs 2024 | Oil Production: 1.12M bpd ▼ -3.2% vs 2024 | Brent Crude: $78.40 ▲ +2.1% MTD | Energy GDP Share: 28% ▼ -2pp vs 2023 | FDI Inflows: $4.8B ▲ +12% vs 2024 | Refining Capacity: 310K bpd ▲ Cabinda + Lobito | Renewable Target: 7.5 GW ▲ by 2030 | Credit Rating: B3/B- ▲ Moody's / Fitch | Inflation: 22.4% ▼ -6pp vs 2024 |

Investment Intelligence

Investment analysis for Angola's energy sector.

Angola’s energy investment landscape has undergone significant reform since 2018. The separation of Sonangol’s commercial and regulatory functions, the establishment of ANPG as an independent concessionaire, the introduction of improved fiscal terms for marginal fields, and ongoing anti-corruption enforcement have collectively reshaped the risk-return calculus for international operators and financial investors.