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Southern Africa

Angolan President Approves US$5 Billion For Luanda Metro Project

Decree authorises spending of US$2.5 billion for project’s first phase.


By Sneha Abraham
Angola’s President Joao Lourenco has authorised spending of US$5.2 billion for the first phase of the Luanda Surface Metro (MSL) project.Specifically, the presidential order, issued in early September, sanctions US$2.5 billion expenditure for the opening of simplified contracting for four deals for the scheme, which will connect the Special Economic

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