AfDB funds $530m Angola electricity project to expand renewable energy, regional connectivity

Development finance institution the African Development Bank (AfDB) has committed $530-million to finance the construction of a 343 km, 400 kV central-south transmission line that will connect the north and south transmission grids in Angola and allow for the distribution of clean energy between the two regions. The north of Angola has a surplus of more than 1 000 MW of mostly renewable power, whereas the south relies on expensive diesel generators, supported by government subsidies.