Southern Africa: Angola’s Electricity Grid Expansion Requires 106 Billion Dollars

Luanda — The expansion of the electricity grid in Angola, by 2050, will require an investment valued at 106 billion US dollars, according to the consultancy company Ernst & Young (EY) Angola.

In a press release sent to ANGOP Monday, the consultant’s partner, André Afonso, believes that of this amount, around USD 20 billion should be invested in the Angolan energy sector by 2030.

The source, who spoke within the framework of the Energy and Environment Forum under the motto “The future matrix”,…

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