Central Africa in August 2026: the most important developments in economy
In August 2026, energy company TotalEnergies was the most prominent economic subject in Central Africa. On August 5 it reported mixed first-half results, with higher profits and lower output. On August 4 it announced plans to acquire Shell's wind and solar businesses in Europe. Its chief executive said on August 24 that quiet crude flows through the Strait of Hormuz and a shortage of refined products had split the oil market.
In Angola, the government confirmed new offshore oil and gas reserves with the Katambi-2 well on August 6. An assessment published on August 13 put the country's agribusiness potential at $1.4 billion and said land legal issues were holding it back. On August 26, Mota-Engil won a rail concession in Congo linked to the US-backed Angola corridor. In the Central African Republic, a 50 MW solar plant financed by the United Arab Emirates raised the country's power capacity by 60 percent. In Gabon, the Nature Conservancy received nature finance from Jeff Bezos and the Walton family.
by WorldBrief & Maksim Micheliov | AI-generated summary
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