Business and investment in

Africa

Africa is the 2nd continent on Earth in area with a great amount of natural resources.  There are more than 50 countries with fast growing economies and 1.5 bln population here. Africa today offers big opportunities for business and investment.

Angola plans to produce 9,000 MW of energy by 2027

 

 

The Angolan government intends to increase electricity production from 6,400 to 9,000 MW by 2027. This statement was made by Secretary of State for Energy Arlindo Carlos during a speech at the 2nd International Conference on Energy and Water Supply, which was held in Luanda.

 

2,172 MW will be provided to Angola by the Caculo Cabaça hydroelectric power plant, the construction of which is in the final stage. Caculo Cabaça will become the second most powerful hydroelectric power plant in sub-Saharan Africa, second only to the Grand Renaissance in Ethiopia.

 

The 2nd International Conference on Energy and Water Resources brought together experts, scientists and industry leaders from Africa, North America (USA and Canada), South America (Brazil), Asia (China and South Korea) and Europe (Great Britain, Germany, Spain and Portugal).

 

ANGOLA PRESS AGENCY