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Economy

  • ENDE customers owe AKz 140 billion for electricity
    Thu, 27 Aug 2020 09:08

    ENDE customers owe AKz 140 billion for electricity

    Luanda - The debt accumulated by customers of the National Electricity Supply Company (ENDE) rose from AKz 112 billion to AKz 140.7 billion (US$ 235 million) from the end of 2019 to the present date, an increase in default of 27 %, its commercial director said Wednesday.

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  • Mon, 24 Aug 2020 13:04

    Laúca's energy stimulates manufacturing Industry

    Caluquembe - The project of electrical interconnection between the central and southern regions of the country, passing through the municipality of Caluquembe, through Huambo, will stimulate the establishment of manufacturing industry in the region, which will absorb agricultural production, considered Saturday the administrator of the district, José Nataniel.

  • Sun, 24 May 2020 12:15

    Completion of Quibala power substation set for June

    Luanda - The mobile electrical substation, under construction in Quibala municipality, coastal Cuanza Sul province, whose works are scheduled to end next June, will help boost economic activity, especially agriculture in the region.

  • Thu, 21 May 2020 08:12

    Minister wants improved revenue collection mechanism

    Luanda - Angolan minister of Energy and Water João Baptista Borges Wednesday urged the sector's companies to improve revenue collection mechanisms to contribute to the country's development process and ensure its sustainability.

  • Fri, 20 Mar 2020 15:03

    Chinese firm to invest over $20 million in electricity meters

    Luanda - The Chinese company Hengye Electronics Industry Ltd plans to invest more than US $20 Million in the installation of factory to make water and energy meters in the Luanda-Bengo Special Economic Zone (ZEE).

  • Fri, 06 Mar 2020 17:49

    Laúca to reach 2,070 MW production in October

    Laúca / Malanje - The Laúca Hydroelectric Power Plant will reach, by October this year, its maximum capacity of 2,070 megawatts of production, with the entry into operation of the sixth production unit (334 MW) and the ecological plant (66.5 MW).

  • Mon, 16 Dec 2019 18:43

    RNT modernizes Gabela substation

    Sumbe - The National Electricity Transmission Network, EP (RNT) is modernizing the Gabela Substation, Amboim municipality, Cuanza Sul, with the installation of 220/60 kilovolt (KV) transformers with 60 megawatts (MVA) power against 35 MVA of the old distribution network, the company said today.

  • Mon, 09 Dec 2019 19:26

    Luanda under "blackout" again

    Luanda - For the second time, in less than 30 days, Luanda is again under a general power cut, due to sudden breakdown in the North and Central Interconnected System.

  • Tue, 05 Nov 2019 18:18

    Government terminates contract with AEnergy, SA

    Luanda - The President of the Republic, João Lourenço, authorized by Presidential Decree of 23 October this year, the Minister of Energy and Water to terminate the concession agreement with AEnergy, SA, ANGOP learned.