In April Namibia and Angola announced plans to build a joint $7 billion hydropower plant on the Kunene river that runs along their common border to produce 400 MW of electricity, according to Daniel Zaire, Deputy Director for Electricity at the Namibian Ministry of Mines and Energy.
Zaire said construction of the project on the Kunene river project would start by next March, and would be carried out by Brazilian companies. The plant would be built on a 50/50 basis by the two countries despite the financial crisis and will take 5-8 years to complete.