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Banco Bic confirmed as gold sponsor for Angola Oil & Gas 2022

Energy Capital & Power, Africa’s leading investment platform for the energy sector, is proud to announce that Angolan commercial bank Banco Bic will participate as a gold sponsor in Angola Oil & Gas (AOG)

Conference and exhibition 2022, which will take place from November 29 to December 1 in Luanda.

As one of the financial institutions in Angola that promotes a positive change in the entire energy value chain of the country through the provision of innovative financial solutions aimed at maximizing the production, exploitation and monetization of energy for the growth of the Internal Product Gross and socioeconomic development, the participation and presence of Banco Bic as a gold sponsor in AOG is important to shape a serious dialogue on best financial practices to unlock the full potential of the energy market from Angola.

Having been influential in the growth of the Angolan energy sector by providing capital for public and private companies in the oil and gas and power sectors since its formation in 2005, the important role of institutions such as Banco Bic continues to expand as Angola seeks to accelerate progress on electrification by boosting foreign direct investment and the participation of private sector investors.

With the bank establishing a dedicated oil and gas department and accelerating financing for hydrocarbon exploration and downstream operations and infrastructure development, Banco Bic continues to be a trusted partner for Angola’s energy market players.

With Banco Bic seeking local, regional and international financial solutions to partner to finance sustainable development of the southern African country’s vast hydrocarbon resources, AOG presents the best platform for the bank to promote the country’s rich hydrocarbon basins, investment and partnership opportunities and negotiate and sign deals that will change the industry

Additionally, with the energy transition taking center stage around the world, resulting in a greater need to accelerate the penetration of renewable energy solutions to diversify the energy mix, AOG 2022 presents (https://bit.ly/3EecSNA ) the best platform for Banco Bic to highlight regional and international energy companies and investors, related investment challenges and opportunities.

As a gold sponsor, Banco Bic will have access to exclusive networking forums and high-level meetings and panel discussions where the financial institution will discuss the role of the banking sector in revamping the entire energy industry in Angola, including generation systems, transmission and distribution of electricity.

Source: NNN