BMI View: Angola’s increasing investment in hydropower is paying off, with 2013 set to see it accounting for over 68% of the country’s energy mix. However, with thermal power still strongly relied upon, its percentage of the total electricity mix will waver over our 10-year forecast period, dropping to just 62.9% by end-2022. Angola suffers from energy distribution disparities, with rural areas poorly served; the country’s total electrification rate stands at just 12%, meaning that much investment in transmission and distribution infrastructure still needs to be made. With rich natural resources, Angola has energy-hungry industries operating in the country, particularly …
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