Angola: World Bank Disburses U.S.$3 Billion to Support Angola’s Water and Electricity Sectors

Luanda — Angola has received a financial portfolio of over 3 billion U.S. dollars from the World Bank to finance infrastructure projects related to electricity and water, the Minister of Energy and Water, João Baptista Borges, announced on Tuesday.

Speaking to the press on the sidelines of the 3rd Summit for Infrastructure Development in Africa, which began on Tuesday in the Angolan capital (Luanda), the minister, described the World Bank as the largest multilateral financier of infrastructure…