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Angola government to invest $600 million to increase capacity and reliability
- 3 years ago (2021-08-19)
- David Flin
Joao Baptista Borges, Angola’s Minister of Energy and Water, has announced that the country will invest $600 million in 2022 to increase electricity capacity in the southern region. Borges said that negotiations were underway with the African Development Bank (AfDB) and Spain concerning funding for the project.
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One of the projects, scheduled to start in 2024, involves the construction of a 400 km high voltage transmission line between Huambo and Lubango in southern Angola. Borges said that the Huambo-Lubango line would be financed by the AfDB. He added that another transmission line, this one connecting Huambo and the Matala district in the southern Huila province, to bring power to the Jamba mining region, will be financed by Spain.
In addition, Borges said that a solar energy project will be installed in the south of the country, through a private investment by Total and the state oil company Sonangol .