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ANGOLA Issue dated 10/06/2020

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. [...] (219 words)

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ANGOLA 24/03/2021

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. [...]

Spotlight ANGOLA 23/02/2021

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. [...]

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

ANGOLA 21/05/2020

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. [...]

ANGOLA 01/04/2020

Gemcorp sponsors Africell in Luanda

Partly financed by Gemcorp, the Lourenço government's go-to investment management firm, Africell is vying for Luanda's third mobile phone licence. [...]

ANGOLA 19/02/2020

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. [...]

ANGOLA 18/12/2019

VTB and Sberbank in battle of the Russian banks

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

The Tamoil refinery in Collombey, Switzerland

Focus ANGOLA 02/12/2019

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. [...]

ANGOLA 20/11/2019

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. [...]

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

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Free Articles

Brazzaville navigates between Moscow and Brussels to combat piracy

Biden's global minimum tax upsets the offshore apple cart

From the Bench - Court rejects Monaco Resources CEO claim against Africa Intelligence

Odebrecht wants larger slice of Cabinda refinery project

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

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

Gemcorp sponsors Africell in Luanda

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

VTB and Sberbank in battle of the Russian banks

Battle rages over Swiss oil refinery removal plan

Gemcorp vs Gaydamak: the new world eclipses the old

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Indigo Publications also publishes:

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