Source: African Energy Chamber |

Government’s commitment to diversify Angola’s economy continues to offer opportunities for investors in the power sector

Angola expects to implement a USD 400 million two-phase project in the clean energy segment, funded by the World Bank and the French Development Agency

Notwithstanding the ongoing crisis in the oil sector globally that has led to significant drops in government revenue, the Angolan Government has said it remains ever more committed to the diversification of the country’s economy away from oil revenue dependence. The government’s push to increase production nationally and hence reduce…