- With effect from 2012, the Angola LNG Project is expected to produce five million metric tons of gas annually.
The project will offer better environmental protection as well as use the product for commercial and industrial purposes.
Angolan government wants to gradually reduce the burning of gas produced out of oil exploration. The product will be prepared for use by industry and households in 2010 after the elimination of the burn-off.
The country's petroleum authorities said there is need for the adoption of more strategies because the sector faces huge challenges, especially at a time when Africa's oil and gas industry is developing.
In a separate development, Escom of Portugal [part of the Espirito Santo Resources group's sub-holding] is planning to invest over US $120 million to build, repair and manage a hydroelectric network of three Angolan
There will be an initial construction of a hydroelectric dam at Samuuela and the distribution grid for local industries and towns. The twin-generator hydro could generate a capacity of 12.8 megawatts.
The project also entails the building of a new substation at Luo and connection to the national grid of Angola's ENE state power utility at Lucapa.
afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.
afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.