9 February 2018

Angola: President Approves U.S.$75 Million Financing Agreement for Laúca Dam

Luanda — A U.S.$75 million financing agreement have been approved through a Presidential Decree published in the State Gazette on February 06, for the continuation of works in Malanje- based Laúca Hydroelectric Dam.

The agreement is due to be celebrated between the Finance Ministry and the Development Bank of Southern Africa (DBSA).

An amount of 4.3 billion American Dollars have been invested in the construction of the Laúca dam under the "Angola Energia 2025" Project designed to substantially increase the supply of electricity to the country, particularly to the productive sector.

Angola

Angola to Rebury National Icon and Rebel Leader Savimbi

Angola's government has said it will soon exhume and give a "dignified burial" to Jonas Savimbi, a national icon killed… Read more »

See What Everyone is Watching

Copyright © 2018 Angola Press Agency. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.