Once viewed primarily through the lens of production decline, the country has repositioned itself as one of Africa’s most stable and attractive destinations for foreign direct investment (FDI). As a result, Angola expects an upstream investment pipeline of $70 billion (http://apo-opa.co/49KDXYi) in the next five years, signaling the country’s standing as a home for global oil and gas players. Policy Certainty as an Investment CatalystAngola’s ability to attract billions of dollars in upstream FDI is largely attributed to its strategic approach to policy restructuring. TotalEnergies plans to invest $3 billion through its Dalia Life Extension project, while ExxonMobil could invest as much as $15 billion in Angola - contingent on exploration results. Meanwhile, Chevron is expanding oil production, with the South N’dola field delivering first oil in December 2025.