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International cooperation

Japan and Angola Collaborate on Power Transmission Project in Southern Region

Strategic Insights

— 1 min read

The Japan International Cooperation Agency (JICA) signed a loan agreement with the Government of the Republic of Angola on August 21 to provide a Japanese ODA loan for the Project for Transmission System Reinforcement in Southern Region. This project aims to increase transmission capacity, stabilize power supply, and promote industrial activities in southern Angola. The project will involve the construction of new transmission lines, substations, and distribution networks, as well as the procurement of demining equipment to clear mines and UXOs along the transmission/distribution lines.

Key Takeaways:

  • The project will increase transmission capacity and stabilize power supply in southern Angola, enhancing the living environment of local residents.
  • The project will promote industrial activities in the region through the construction of new transmission lines, substations, and distribution networks.
  • The maximum loan amount is 39,105 million Japanese Yen, with an annual interest rate of 1.20% for the project and 0.2% for consulting services.
  • The repayment period is 30 years, with a 10-year grace period.
  • The project is being implemented as a parallel co-financing initiative under the Accelerated Co-Financing Facility for Africa (ACFA).
  • The project was signed as a joint initiative between JICA and the African Development Bank (AfDB).
  • The National Electricity Transportation Company and the National Demining Center will be the executing agencies for the project.
  • The project's implementation schedule includes the completion of the project by March 2030, with the issuance of letters of invitation for consulting services already underway.

Statistics:

  • Maximum loan amount: 39,105 million Japanese Yen
  • Annual interest rate: 1.20% (project) and 0.2% (consulting services)
  • Repayment period: 30 years
  • Grace period: 10 years
  • Planned completion date of the project: March 2030
  • Issues of letters of invitation for consulting services: Employment in process
  • Tendering of announcement of initial procurement package for international competitive bidding on project construction: Package for civil work Release date: August 2026

Sources:

  • "Press Release: Loan Agreement for Republic of Angola" by Japan International Cooperation Agency (JICA)

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