Angola: Electricity Network To Receive $600 Million Investment

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The Angolan government plans to invest approximately $600 million to strengthen and improve the quality of electricity supply in the Southern Region of the country by 2022.

The country’s Minister for Energy and Water, João Baptista Borges disclosed this recently.

According to him, the government has already started negotiations with the African Development Bank (AfDB) and the Kingdom of Spain.

The projects to be implemented include the construction of a 400km high-voltage line linking Huambo to Lubango.

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The work also includes the demining of the connecting road. This project is supported by the AfDB to the tune of $300 million.

According to the Minister, the AfDB has already approved funding for the Huambo-Lubango connection line.

The bank has signed an agreement with the Ministry of Finance to this effect and a consultation for the launch of the public tender is underway.

The country is also planning to build a connection line between Huambo and Matala at a cost of $100 million.

A connection between Lubango and Namibe is also planned and will cost between $70 million and $80 million.

In the province of Huíla, a solar energy project will be implemented in the municipality of Caraculo (Namibe).

The Lubango/Namibe line receives funding approved by the Japan Cooperation Fund.

The one that connects Huambo and Matala is financed by the Kingdom of Spain. This line will bring energy in particular to the mining region of Jamba.