Chinese bank grants loan to Angola for construction of Soyo power plant

The Industrial and Commercial Bank of China will provide a loan of US$837 million for the construction of a combined cycle power plant in Soyo, Angola, an amount equivalent to 85% of the cost, according to a government document. The document quoted by Portuguese news agency Lusa said the agreement between the government of Angola … Continue reading Chinese bank grants loan to Angola for construction of Soyo power plant