Ver Angola

Economy

Angola and Abu Dhabi initial financing agreements worth 122.63 million dollars

Two financing agreements, with a global value of 122.63 million dollars, destined for the electrification of cities and electronic governance, were signed this Wednesday, in Abu Dhabi, by the Minister of Finance, Vera Daves, representing the State, and the Abu Dhabi Export Credit Agency (ADEX).

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According to a statement from the Ministry of Finance, to which VerAngola had access, the first agreement will serve to "finance the project for the Acquisition of an Analytical Platform, Main Data Center, Backup Data Center and the National Platform for Nuvem", with a global value of 89 million dollars.

The guardianship explains that this project will support the telecommunications infrastructure and information technology, "as an integral part of the central system, for the unification of the administrative services of the State, whose implementation will allow the improvement of the quality of the information inherent to the services provided by different ministerial departments, in the use of institutional electronic mail and modernization of public administration".

In turn, the second agreement aims to reinforce and maintain public lighting in the cities of Luanda, Malanje, N'dalatando and Uíge, for a total value of around 33.64 million dollars.

The guardianship informs that the public lighting system of the aforementioned cities is currently degraded, having over the years "suffered massive damage caused by road accidents, acts of vandalism, theft, as well as lack of maintenance".

Therefore, the project "has a direct impact on improving the population's quality of life by strengthening public safety, promoting healthy recreational activities such as the practice of sports, leisure and culture, reducing traffic accidents with pedestrians and vehicles and the attraction of tourists, in addition to its economic impact", reads the ministry's communiqué.

According to the note, ADEX concerns the financial branch of the Abu Dhabi Fund for Development (ADFD), with "the corporate purpose of supporting the exports of companies from the United Arab Emirates, without neglecting the role that these companies must play to develop, in their area of activity, local content in the countries where they operate".

The note also points out that the agreements now signed "constitute its first operations with Angola".

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