Angola’s President João Lourenço has been selected as the ‘Energy Person of the Year’ by the African Energy Chamber (AEC), in recognition of his drive for good governance, commitment to reform and work to address corruption in Africa.
The award recognises President Lourenço’s instrumental role in transforming Angola into one of Africa’s biggest oil and gas producers and how his forward-looking vision is expected to consolidate the country’s position as a regional petroleum hub in Africa.
Since his election in 2017, President Lourenço has turned Angola’s economy – and broader oil and gas industry – around. With ageing oilfields and reduced upstream investment, the country was witnessing rapid production decline.
However, President Lourenço’s long-term strategy to revitalise the industry saw a series of milestones achieved, and in 2025, the country continues to witness a positive growth trajectory across its oil and gas sector.
Lourenço has also set clear targets for the country. These include plans to sustain oil output above one million barrels per day (bpd) beyond 2027, scaling-up capacity in the natural gas sector while accelerating green energy development.
In the oil sector, the President spearheaded new development opportunities across the upstream and downstream sectors. With a six-year licensing round introduced in 2019, the country witnessed a surge in investments as major operators sought out new discoveries in both the on and offshore markets.
Now, the country anticipates a $60 billion five-year investment drive, as major players expand their portfolios. Upcoming projects include the Agogo Integrated West Hub Development by Azule Energy and the TotalEnergies-led Kaminho development.
“President Lourenço has not only been an instrumental leader in Angola but has played a major part in facilitating investment and development across the broader African oil and gas landscape. By committing to industry reform, working closely with international partners and implementing clear and actionable objectives, President Lourenço has shaped Angola’s oil and gas market into what it is today,” said NJ Ayuk, Executive Chairman of the AEC.
The ’Energy Person of the Year’ celebrates the achievements of President Lourenço, highlighting how his ambitious and inclusive approach to development has unlocked a wealth of opportunities for Angola and the broader region.
Previous award winners include Frank Fannon, Former United States Assistant Secretary of State for Energy Resources, Mohammed S. Barkindo, former OPEC Secretary General, former Namibian President Hage Geingob, Meg O’Neill, CEO and Managing Director, Woodside Energy and Dr. Benedict Oramah, President & Chairman of the Board of Directors, African Export-Import Bank.
