Sonangol as top deal

Chamwe Kaira KPMG, the global professional services network, has identified the US$500 million agreement between Namcor and Sonangol E.P as one of the standout deals in Sub-Saharan Africa for the year 2022. According to a report by KPMG titled "Doing Deals in Sub-Saharan Africa: Key Insights from Dealmakers," this transaction secured its place among the top ten deals of the year. In this deal, the National Petroleum Corporation of Namibia and its joint partners, Sequa Petroleum NV, and Petrolog Group, acquired a 10 percent interest in Sonangol E. P’s Block 15/06, a 40% stake in Block 23, and a 35%…