POWER AFRICA FACT SHEET
Power Africa has supported the development of electricity generation projects in Angola. In addition, various firms have received U.S. Embassy support to move transactions forward. The page below gives an overview of the energy sector in Angola and explains Power Africa's involvement in the country.
ANGOLA ENERGY SECTOR OVERVIEW
Population: 30.8 million | GDP (1): $105.75 billion
A major oil-exporting country and OPEC member, Angola is sub-Saharan Africa’s third-largest economy. Increasing the access to electric power is a high priority for the Government of Angola, which has set targets of 9.9 gigawatts (GW) of installed generation capacity and a 60% electrification rate by 2025. Large-scale projects implemented in 2017/18 include the Soyo combined cycle natural gas plant (750 MW), and the Lauca hydroelectric project (2.1 GW). In 2014, mapping studies identified the potential for 55 GW solar power, 3 GW wind power, and 18 GW in hydropower throughout the country. Certain issues, such as the creditworthiness of utilities, cost-reflective tariffs, and local currency risk will need to be addressed.
Power Africa Success Stories in Angola
Advancing a Connected Power System in Angola
Power Africa is partnering with the African Development Bank (AfDB) and the Government of Angola to build critical transmission infrastructure in Angola.
Adobe Stock/Miguel Almeida
Bridging the Power Gap in Angola: Power Africa Partners to Build Critical Energy Infrastructure
To support the Government of Angola’s goal of 60 percent electrification by 2025, Power Africa and the African Development Bank are working together to expand electricity infrastructure, facilitate new electricity connections for homes and businesses, and ultimately contribute to Angola’s continued economic development.