Wednesday, June 17, 2026
  • About
  • Advertise
  • Careers
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries
  • Login
No Result
View All Result
Home Business

Angolan Tycoon Agostinho Kapaia Launches First Vehicle Assembly Plant in Luanda

Kehinde Giwa by Kehinde Giwa
January 21, 2026
in Business
0
Angolan Tycoon Agostinho Kapaia Launches First Vehicle Assembly Plant in Luanda
0
SHARES
13
VIEWS
Share on FacebookShare on Twitter

Angolan businessman Agostinho Kapaia has officially opened Opaia Motors, Angola’s only operating vehicle assembly plant, located in Luanda’s special economic zone.

This marks a significant milestone in Angola’s efforts to boost local manufacturing and reduce reliance on imported vehicles.

Related posts

Nigeria’s President Tinubu Hosts Madagascar’s President Randrianirina at Aso Rock for Bilateral Talks

Nigeria’s President Tinubu Hosts Madagascar’s President Randrianirina at Aso Rock for Bilateral Talks

June 8, 2026
Dangote Refinery Lowers Diesel Price to N1,600 as Import Competition Rises

Dangote Refinery Lowers Diesel Price to N1,600 as Import Competition Rises

May 28, 2026

The plant, which has an installed capacity of 22,000 light vehicles and 1,000 buses per year, will assemble commercial and private vehicles, as well as buses, targeting buyers seeking affordable options.

Opaia Motors has partnered with international companies like Volvo, Chery, and Dongyang, and is working with Afreximbank to support production and financing.

The launch event was attended by government officials, including Minister of State for Economic Coordination Jose de Lima Massano and Transport Minister Ricardo Viegas D’Abreu, as well as diplomats and members of the National Assembly.

Kapaia emphasized that the plant will create jobs and stimulate local supply chains, with Opaia Motors currently employing over 1,500 young Angolans and expecting to grow to 3,500 direct jobs as production ramps up.

The company also plans to provide technical and vocational training to build skills in welding, electronics, and quality control.

The Angolan government has been promoting industrial zones and incentives to attract investors and reduce dependence on oil exports.

Local assembly is expected to shorten delivery times and make servicing easier, though much will depend on component availability and steady demand.

Opaia Motors aims to move into electric vehicles as infrastructure improves, describing them as a potential alternative for Angola and neighboring markets.

Previous Post

Nigeria: DSS Seeks Court Order to Detain Ex-AGF Malami Over Terrorism Financing Allegations

Next Post

Nigeria: Ondo Government Seals Collapsed Building Site, Warns Developers

Next Post
Nigeria: Ondo Government Seals Collapsed Building Site, Warns Developers

Nigeria: Ondo Government Seals Collapsed Building Site, Warns Developers

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Nigeria: Bill to Create Additional State Passes Second Reading in Reps

Nigeria: Bill to Create Additional State Passes Second Reading in Reps

2 years ago
Guinea Press Union Protests Media Bans

Guinea Press Union Protests Media Bans

2 years ago
BREAKING: Organised Labour in Nigeria Suspends Strike  Action

BREAKING: Organised Labour in Nigeria Suspends Strike Action

2 years ago
Nigeria: Yahaya Bello Released After Meeting Bail Conditions

Nigeria: Yahaya Bello Released After Meeting Bail Conditions

1 year ago

BROWSE BY CATEGORIES

  • Beautiful Cities
  • Business
  • Culture
  • Discoveries
  • Entertainment
  • Features
  • Info-Data
  • Lifestyle
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Travel
  • Uncategorized
  • Weather

POPULAR NEWS

  • BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Protesters Storm Lagos Assembly with Banners Reading ‘We Don’t Have a Place to Live’

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Popular ‘The New Masquerade Actress’ Ovularia Dies at 81

    0 shares
    Share 0 Tweet 0
  • Finding the Right Balance Between Product-Led Growth and Project Delivery – Ese Onogoro

    0 shares
    Share 0 Tweet 0
  • EXCLUSIVE: Nigeria High Commission in London Faces Backlash Over Use of Redeemed Churches for Passport Exercise

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2023 AAN TV - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries

© 2023 AAN TV - All rights reserved.