The Export-Import Bank of the United States (EXIM) – the country’s official credit agency – is investing $1.6 billion in the development of solar infrastructure in Angola. Approved by EXIM’s Board of Directors, the financing will support the construction of 65 solar mini-grids, situated across four provinces in southern Angola.
The mini grids will not only strengthen access to electricity but also enhance access to clean drinking water. By incorporating energy storage, they will power the entire water management process, from collection and treatment to purification.
We are deeply proud to approve this project, which will advance access to clean energy and potable water in key regions in Angola,” EXIM President and Chair Reta Jo Lewis said in a statement.
