BAD President A foreseen reinforcement in the financing to Angola with an injection of 5 billion USD.

From a visit to the country, as part of the Projects Beneficiary Projects of the Financing of that African institution, Akinwumi Adhesina praised the investments, considering that the results achieved already put the country on the global nuclear map.

The African Development Bank (BAD) is preparing to advance, in the coming days, with a reinforcement of another $ 5 billion for financing several projects in Luanda, according to the Chairman of the banking institution, Akinwumi Adesina.

If it is realized, the money should come out and be applied in a five -year period, which, according to the banker, reveals that the Angola government is increasingly committed to fulfilling its obligations.

To date, about 1.4 billion, corresponding to about 40 percent of a total of $ 2.3 billion from a previous financing line, have been disbursed.

The perspective was reiterated by the president of the African Development Bank (BAD), Akinwumi Adesina, to the economic journalists, at the press conference that granted economic journalists on Friday in Luanda, in the context of his visit to the country to the country Invitation of the President of the Republic, João Lourenço, with a view to noting the degree of implementation of about 12 projects versed in the improvement of the human and sustainable development index.

At the time, the holder of the banking institution on the continent's scale made the degree of implementation of projects versed for economic and sustainable development, such as drinking water distribution, agriculture, electricity, road roads, among others.

Akinwumi Adesina was peremptory to say that the conquest of the great deeds in the sphere of the economy takes its time, so Angola is making a difficult path, whose results already allow a scenario in which its nuclear nation role will be a reality, Given the potential in terms of the production of clean energy, food production and essential mineral resources in the energy transition process.

"The World Bank reinforces the commitment to elementing the line of operation around the order of $ 5 billion over the next five years, at a time when the Angola government is increasingly committed to fulfilling its obligations, when around 1.4 billion already disbursed, corresponding to about 40 percent of a total of $ 2.3 billion, "said Akinwumi Adesina.

According to Akinwumi Adesina, the bet improved the use of more than 5,000 gigawatts in water sources, the potential to raise this capacity through photovoltaic (solar), wind (wind) production; The availability of vast extensions of arable land, mostly young populations, among others, are pointed out as economic assets that support BDA's bet to make Angola a 'lever' of continental unemployment.