ANGOLA 🤝RENEWABLE ENERGY PROGRAM *AFRICAN DEVELOPMENT BANK GROUP* 👉“#Angola Renewable Energy Program (AREP)” ✍️“The program supports the Angolan government’s efforts in increasing renewable energy production four-fold.”/POWERED BY: JOAMA C.: FEB. 28, 2023
👉 Dr. Akinwumi Adesina , President of ADBG Abidjan (COTE D’IVOIRE)
(ENGLISH) “In Angola, the African Development Bank supports the Renewable Energy Sector” , 17-Feb-2023
In Angola, the African Development Bank supports the renewable energy sector through the #Angola Renewable Energy Program (AREP). Implemented between 2019 and 2022, AREP has helped to establish a viable and sustainable procurement framework that stimulates investments by Independent Power Producers in the Angolan #renewableenergy sector, particularly in solar energy and #hydropower.
By the end of 2021, Angola had increased its national electrification rate (from 33% in 2017 to 43% in 2021) and raised the renewable component of the energy mix from 59% in 2017 to 64% in 2021.
The Angolan government plans to install 100 megawatt hours of solar capacity by 2025, including 30 megawatt hours off-grid.
