Angola needs much investment to restore power infrastructures

Aug 06, 2002 02:00 AM

Angolan Minister of Energy and Water, Luis Filipe da Silva, said that Angola needs more than $ 500 mm to rehabilitate power infrastructures destroyed by war. Addressing the opening ceremony of Southern African Development Community (SADC) 19th meeting of Power Companies Managing Committee, the Minister said that Angola has great power potentialities that with current peace climate can play a key role in the development of the region.
"As the second biggest oil producing country in sub-Saharan Africa (with a production of nearly 750,000 bpd) after Nigeria, Angola also has considerable reserves of natural and associated gas," he said.

Luis Filipe da Silva underlined that Angola also has a hydro-electric potential estimated at 150,000 GWh a year with a very low rate of use.
He deplored the fact that despite such resources only few people benefit from power and annual power consumption is not over 100 kWh per year in the country. The minister considered that Southern Africa is very rich in terms of power resources, hinting at "Inga" dam in the Democratic Republic of the Congo the biggest hydro-electric station in the world, and others of the same kind as well as in renewable energy sources.

SADC comprises Angola, South Africa, Botswana, Lesotho, the DRC, Namibia, Swaziland, Tanzania, Zambia, Zimbabwe, Mauritius, Malawi, Mozambique and Seychelles.

Source: Xinhua
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