Which countries supply power equipment to Angola?

In addition, European companies (Germany, Portugal) supply equipment to the energy sector. Portuguese, Brazilian, and Chinese construction companies generally lead in project construction. Electric power-related equipment (HTS 8411) exported to Angola in 2022, was valued at US$ 14.8 million.

What can US companies do in Angola?

The tenders, the first of many to be released by the Angolan government and AfDB through 2024, could present new opportunities for U.S. companies to provide power sector goods and services in Angola, particularly in power transmission and distribution, while expanding Angolans’ access to electricity.

How much does Angola spend on electricity?

The portion of the Angolan government budget dedicated to the electricity production, transmission and distribution sectors increased to US$ 817.2 million in 2023 from US$490 million in 2022. Angola’s national budget for electricity assessment allocated is around US$ 249.4 million.

Why does Angola need more electric power?

Increasing electric power availability to diversify the economy and meet the increasing energy demand of a growing population is among the Angolan government’s highest stated priorities.

Will Angola and Namibia build a hydroelectric plant?

Namibia and Angola are set for a joint construction of the Baynes Dam hydroelectric plant with an installed capacity of 600 MW. The power production would be shared, 300 MW for each country; Power Africa is supporting the project. An additional connection in the north of Angola with the Democratic Republic of Congo is also being considered.

What is Angola's energy mix?

Angola’s current installed capacity is estimated at 5.7 GW but only 70 percent is in use. The country’s current energy mix consists of 61.8 percent hydropower, 37.6 percent other fossil fuels and 0.6 percent hybrid (solar/fossil fuel).