Angola govt invests $600 million in power generation
Angola will invest $600 million to increase the electricity capacity in the southern region next year, Angola’s Minister of Energy and Water Joao Baptista Borges has announced.
Speaking to the press at the end of his visit to the southern Huila province Wednesday, the official said negotiations were underway with the African Development Bank (AfDB) and Spain concerning the projects’ funding.
One of the projects, to be carried out in three years, includes constructing a 400-km long high voltage line between Huambo and Lubango, two cities in different provinces in southern Angola.
The minister added that the AfDB would finance the Huambo-Lubango line.
The minister also disclosed that another line connecting Huambo and the Matala district in the southern Huila province, which is expected to bring energy to the Jamba mining region, will be financed by Spain.
Mr Borges further stated that the country would also install a solar energy project in the southern province through private investment by Sonangol and Total’s oil company.
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