Angolan Govt Announces Issuance of U.S.$64 Million Bonds for Dam Construction

Luanda — The Angolan government announced the issuance of public debt bonds worth up to 64 million US dollars to finance the construction and rehabilitation of 43 dams in the southern province of Namibe, as part of its strategy to raise funds for sustainable water infrastructure projects.

According to a statement from the Finance Ministry, the operation called “Kissonde” is essentially aimed at raising funds in both foreign and national currency and is being carried out in the “bookbuilding”…