The African Development Bank supports the Renewable Energy Sector
Implemented in Angola between 2019 and 2022, the Angola Renewable Energy Program (AREP) has helped to establish a viable and sustainable procurement framework that stimulates investments by Independent Power Producers (IPPs) in the Angolan renewable energy sector, particularly in solar energy and hydropower.

By the end of 2021, Angola had made progress by increasing the national electrification rate (from 33% in 2017 to 43% in 2021) and raising the renewable component of the energy mix from 59% in 2017 to 64% in 2021.

In particular, the program supports the Angolan government’s efforts in increasing renewable energy production four-fold, from 125-megawatt hours to 500-megawatt hours (mainly solar).

The Sustainable Energy Fund for Africa (SEFA), a multi-donor Special Fund managed by the African Development Bank, provided the program with a $1 million grant.