Angola wants German technology in the energy sector

23 August 2018

Angolan President João Lourenço on Wednesday in Berlin expressed interest in receiving German funding and technology for the Caculo-Cabaça and Zenzo (Kwanza Norte) hydroelectric plants, as well as for the construction and modernisation of substations and power distribution grids in the province of Namibe.

Lourenço was speaking at the Angola-Germany Business Forum, as part of his official visit to the Federal Republic of Germany.

According to the president, there is already an increasing interest from German companies in also being involved in the areas of construction, energy and water, inspection of works and equipment supply.

Lourenço said that this interest is evident in the participation of German companies in energy production projects in Angola, such as the supply of electromechanical equipment to the Cambambe dam (Kwanza Norte province) and the monitoring of the Lauca dam (Malanje province) .

The President also recalled that a number of legal instruments have already been signed to strengthen cooperation between the two countries, including an Agreement on the Promotion and Reciprocal Protection of Investments, a Joint Declaration of Intentions, the creation of the Angola-Germany Bilateral Commission, and Rules of Procedure of the Angolan-German Consultative Group on economic issues.

Lourenço said that the Convention for the Prevention of Double Taxation and Tax Evasion, agreements and memoranda in the areas of health, finance, air transport, visa suppression for diplomatic and service passports, agriculture and forestry were still under discussion.

The two countries established diplomatic relations in 1979, with the high point being an official visit by he former President of the Republic of Angola, José Eduardo dos Santos, to Germany in 2009 and a visit by Angela Merkel, Chancellor of the Federal Republic of Germany to Angola in 2011. (macauhub)