Portugal's Mota Engil secures $127.9mln deal for infrastructure projects in Angola
Friday, 20 December 2019 12:27
The Portuguese company Mota-Engil Engenharia e Construção África has won a tender for infrastructure projects worth €115 million ($127.9 million) in Angola, Macauhub reported.
Projects to be implemented concern the water and energy sectors and include the completion of the Northern pumping system, the construction of the Calueque irrigated perimeter in the province of Cunene in southern Angola and the construction of a hybrid power plant.
These new projects are part of President Joao Lourenço’s government's strategy to increase investment in energy infrastructure, in particular, to boost the national economy. According to Macauhub, full financing for the initiatives is expected to be provided by an export credit institution.
Moutiou Adjibi Nourou
Additional Info
- communiques: Non
- couleur: N/A
Live News
-
WTO Ministerial Conference Opens in Yaoundé Amid Push to Reform Global Trade Rules
16:46
-
University of Lomé to Offer Master's in Public Procurement Engineering from 2026
16:16
-
Philip Boye-Doku Builds Fintech Platform PayBox for African SMEs and Consumers
16:04
-
Algeria Launches Tech Initiative to Address Water Scarcity
16:01
-
Kenya Deploys Digital System to Monitor Births and Reduce Mortality
15:57
-
Ghana Plans Digital Portal for Power Purchase Agreements
15:56
-
Nigeria Signs $156 Million EIB Loan for Health and Agriculture
15:50
-
World Bank Earmarks $75 Million for DR Congo National Census
15:48
-
Algiers Tightens Trade Controls with New Import Tracking System
15:08
-
African health experts revise emergency maternal care guide in Lomé
14:23
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
Four years after Russia’s 2022 invasion of Ukraine, the fertilizer market is facing a new shock as m...
Ghana will launch a digital platform to publish and centralize all Power Purchase Agreements (PPAs). The reform follows controversies over opaque...
The World Bank allocates $75 million to fund the DR Congo’s second general population and housing census (RGPH2), part of a $100 million...
International Finance Corporation invests $45 million to power 2,235 telecom sites with solar energy across Ethiopia, Liberia, and Sierra...
Senegal launches a public consultation to define operational and regulatory rules for fiber optic network sharing. Authorities aim to reduce...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...