Israel to finance Angolan solar power project

Israel plans to provide funding to Angola to be invested in several fields, including agriculture and energy generation.

According to Oren Rosenblat, Israel’s ambassador to Angola, the Middle Eastern country will make around $60 million available for investment in Angola. Most of this funding will go towards the construction of a 5 MW solar power plant by Israeli companies in Benguela province.

This new plant will solve the problems of irregular electricity production while facilitating the establishment of an industrial park in the locality. The rest of the funding will go to the agricultural sector, with ten municipalities in the province with excellent farmland.

Source: AE Africa

 

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