Recent amendments to Angola's General Electricity Law, approved by the National Assembly at the end of July, are marking a new cycle of private sector involvement in the energy market.
The reform, which is expected to break RNT-EP's monopoly as the sole ‘single buyer’ and open up competition in electricity transmission, has been closely monitored by international investors.
Katiana Neto Cordeiro, Senior Associate at PRIME Advogados (exclusive member of VdA Legal Partners in Angola) in an interview with Jornal Económico, emphasises that ‘investors are paying close attention’ to these changes, which may bring greater competitiveness and efficiency to the sector.
‘It is clear that the amendment will culminate in an increase in competitiveness and more competition in the sector, potentially bringing new players from the private sector’.
According to Katiana, this opening up of the sector through National Transport Network concessions could attract strategic investors, especially in high-impact infrastructure such as the Lobito corridor, which will connect Angola to neighbouring countries and reinforce regional integration.
The lawyer points out that the legislative reforms in Angola demonstrate a strong commitment to the modernisation of the energy sector and create attractive conditions for national and international investors.
- This interview is available in the printed edition of Jornal Económico, 12 September.
