Consumer durables is a cataloguing of consumer goods that are not essential to be bought very often as they are fashioned in a way so as to last for an extended period of time. Profits in the consumer durables sector were most profoundly…
BMI View: Increased gas production alongside the commissioning of the Soyo combined cycle power plant
in 2017 will raise the attractiveness of thermal power investment in Angola. Despite thermal power
generation more than doubling by 2018, hydropower will remain the dominant source of electricity output
in Angola due to upgrades at the Cambambe dam and the commissioning of the 2,071MW Laúca
Latest Updates And Structural Trends
? Work on the Laúca hydropower plant is reported to be going ahead as scheduled. Construction is
expected to be concluded by the end of 2016, after which the reservoir will start to be filled for the dam.
The first 334 megawatt (MW) turbine at the 2,071MW dam should start operations mid-2017 if
everything is completed on schedule.
? The first phase of reconstruction work at the Matala dam is reportedly complete. The reconstruction
involves making the hydroelectric plant safer and increasing reservoir capacity, with eight sluice gates
having been added to the original 29. The plant's capacity will be upgraded to exceed its current level of