Country Info


← Back to country list

It is a serious mistake to think that by reducing oil production, Angola will simply switch to green energy the next day. This is not an either-or situation; it’s a transition.
Angola has signed a Memorandum of Understanding (MoU) with Sun Africa and US-based AfricaGlobal Shaffer to create the largest minigrid energy project in Africa. This is part of a $1.5 billion project to be implemented by Sun Africa.
The African Development Bank (AfDB) says 9,9 million Angolans – representing around 32 percent of the country’s population – stand to benefit from a systematic rollout of mini-grid electricity solutions, thus reducing poverty and spurring development.
The African Development Bank (AfDB) is supporting this initiative through its Sustainable Energy Fund for Africa (SEFA). The bank lent the Angolan government $1 million to be used to fund the Angola Renewable Energy Program (AREP).
Reliable and cleaner supply of energy are critical for Angola’s drive towards economic diversification and sustainable development, said the Executive Secretary of the UN Economic Commission for Africa (ECA) – Vera Songwe, Friday in Luanda.

Latest Documents