14.1 C
Madrid
Sunday, October 13, 2024

France, World Bank Boosts Angola’s Energy Vision With 344m Euros

Must read

Godfrey Maotcha
Godfrey Maotcha
Born and grew up in Blantyre Malawi. Worked for the Guardian ( local newspaper) and Montfort Media for six years. A print and online media house. Currently lives in Lilongwe Malawi

ANGOLA. Luanda: France and the World Bank recently announced a 344 million Euros package to help Angola meet its electricity generation vision by 2025.

The vision seeks to increase electricity generation capacity in Angola by 60 per cent.

- Advertisement -

The Head of the French Development Agency in Angola, Louis Antoine Souchet said the four regions of Luanda, Benguela, Huambo and Hiula will be targeted for the project.

“The objective is firstly the modernisation and extension of the electricity network in the four biggest provinces of Angola but also to work on improving the performance of the public companies in the sector, those in transportation, production and distribution,” said Souchet.

- Advertisement -

He added that a project management unit in the Angola Ministry of Ernegy will supervise the technical issue in the three public companies.

Read Also: SADC Reassures Bringing Peace And Stability In DRC

- Advertisement -

Angola’s Energy 2025 vision will be aligned with the country’s National Development Plan for 2018 to 2022.

Apart from energy generation France also supports water development in rural areas. Just like most of her Southern Africa neighbours, water and electricity access remains a challenge to Angola.

What does the country offer in terms of Energy?

Angola has a generation of 5.01 Gigawatts. Among this the Lauca power. The plant generates 1000 megawatts, Cambenbe 960 megawatts and Capanda 520 megawatts.

Another plant of 720 megawatts is being built at a place called Soyo. Financed by China and built by  China Machinery Engineering Company.

Then work already commenced on the Lauca Hydroelectric plant. It is expected to generate  2100 megawatts. By far, it remains the biggest civil engineering project in Angola and the second largest dam in Africa.

In 2017, the expansion of another plant the Caculo cabao began. It is also expected to generate 1000 megawatts.

Currently, there are 2850 kilometres of power lines and the vision seeks to reach 15,600 kilometres by 2025.

As a way of attracting foreign investments in power, the Angolan government plans to cut subsidies and increase tariffs.

Author

  • Godfrey Maotcha

    Born and grew up in Blantyre Malawi. Worked for the Guardian ( local newspaper) and Montfort Media for six years. A print and online media house. Currently lives in Lilongwe Malawi

- Advertisement -

Archives

1 COMMENT

Comments are closed.

spot_img

Trending Today