Miguel Azevedo, Citigroup Head of Investment Banking – Middle East, Africa (exc. S.A.) and Portugal, has confirmed his attendance at the Angola Oil & Gas Conference (AOG) 2021 conference, taking place in Luanda’s Centro de Convenções de Talatona (CCTA) from 09th – 10th September. Miguel Azevedo will drive the discussion on the potential investment opportunities that will play a crucial role in economic growth in Angola, primarily through the diversification of the energy portfolio.
Since taking office, H.E. President Joao Lourenço launched the National Development Plan 2018-2022 and the revised Hydrocarbon Exploration Strategy 2020-2025 to intensify, research, and geologically evaluate concessions and accessible areas of sedimentary basins for exploration in Angola. The Ministry of Mineral Resources and Petroleum, headed by Minister H.E. Diamantino Pedro Azevedo and other significant stakeholders in Angola including the National Oil, Gas and Biofuels Agency (ANPG) and Sonangol are all actively exploring ways of adapting their operations to reflect growth in a post-COVID-19 era.
Miguel Azevedo will bring to AOG 2021 his experience from several World Economic Forum conferences, where he has actively promoted the importance of investments in energy-related projects in Africa to accelerate its industrialization ambitions and economic growth. In Rwanda, Miguel Azevedo also steered meaningful discussions around connecting Africa’s resources through digital transformation, calling for increased investments in gas to power projects to increase Africa’s power generation capacity to have a competitive opportunity against other developed markets through digitalization. Miguel Azevedo is a firm believer that economic growth hinges on power sector stability and effective electricity distribution; he constantly advocates for the diversification of energy portfolios, focusing on cleaner energy.
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