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Wednesday, 9 August 2023

Namibia wants to import energy from Angola

 Luanda - Namibia is interested in importing electricity from Angola to offset its low production, said Wednesday the leader of the Parliamentary Committee on Economy and Public Administration of that neighbouring country, Hon Natangue Ithete.



The recently released data show that Angola is part of the top 10 in the world ranking of the countries that have contributed most to the generation of energy from hydroelectric plants.

This is a result of the investments made in the Angola’s Laúca Hydroelectric Facility over the last eight years.

In terms of electricity production, the Namibian official said  Angola is very close to reaching 7,000 megawatts, a fact that attracts Namibia’s interest, which believes in establishing a partnership to import electricity from Angola.

Hon Natangue Ithete said that they agree to work together and also strengthen trade with neighbouring countries, taking into account that it will be less costly and will facilitate all trade.

“It is necessary to increasingly strengthen relations between the two countries”, stated the leader, stressing that the peoples of Angola and Namibia have a long history.

He also said that trade exchanges between the two countries are very close to reality, however, with the said meeting, they intend to strengthen and take advantage of the existing potential between the parties.

Hon Ithete said that Angola may intensify imports of beef from Namibia, which may reduce import costs taking into account the geographic proximity.

He invited Angolans to go to Namibia and invest there, thus creating bilateral partnerships that enhance both economies.

During the meeting between the two delegations, with the Angolan one led by the Secretary of State for Industry, Ivan do Prado, topics related to the strategic plan for local participation in Angola's industrial development program were discussed.

 

Likewise, there was an opportunity to exchange experiences regarding the identification of capacities for the implementation of the industrial development program in Angola, risk management associated with the national industrial development program, among other subjects. JAM/PPA/CF/NIC

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