Angola and AfDB Inaugurate Luanda Science and Technology Park

Angola and AfDB Inaugurate Luanda Science and Technology Park

The STDP partnership between the Angolan government and the African Development Bank has equipped 54 science laboratories across 18 secondary schools; trained over 1,500 faculty members, researchers, technicians and academic counsellors, and funded 73 research projects - nearly a third of which were awarded to women.

The Angolan Government and the African Development Bank Group have inaugurated the Luanda Science and Technology Park (Luanda Tech) in the capital, as part of a $100 million Science and Technology Project (STDP) that has seen dozens of science facilities refurbished, and 1,500 science teachers trained.

“This Science and Technology Park comes at the right time, because a country that wants to develop must pay attention to science and technology. We want this infrastructure to become a meeting point between academia, scientific research, companies and young entrepreneurs. It is through knowledge, innovation and the capacity of our young people that we will build new solutions to address Angola’s challenges. This investment represents an important step towards strengthening national research capacities and advancing the country’s technological development.”

– João Lourenço, President, Angola

African Development Bank’s Country Manager, Pietro Toigo, said the Bank-government partnership was ready to create additional technology corridors across the country’s provinces in the project’s second phase.

Toigo reaffirmed the Bank’s commitment to Angola’s youth and highlighted the role of science, technology and innovation in driving the country’s economic transformation.

“This is not merely the launch of an important infrastructure asset. It is the celebration of a national vision: a vision of an Angola that invests in knowledge, empowers its youth, strengthens its scientific capabilities, and builds new engines for economic diversification and inclusive growth.”

– Pietro Toigo, Country Manager, African Development Bank

He explained that the Luanda Tech project aims to create a conducive environment where researchers, entrepreneurs, students and innovators can transform ideas into solutions, and solutions into economic value.

The project has invested in human capital by providing scholarships for 161 scholarships at international universities, as well as funding secondary education for 1,204 girls from disadvantaged backgrounds to pursue science-related studies and careers.

“These investments are aligned with Angola’s National Development Plan 2023–2027, as well as with the strategic vision of the President of the African Development Bank Group, Dr. Sidi Ould Tah, who highlights, as one of his four key priorities — the Four Cardinal Points — the transformation of demographic dynamics into an economic dividend through investment in youth, skills development and employment.”

The STDP partnership between the Angolan government and the African Development Bank has equipped 54 science laboratories across 18 secondary schools; trained over 1,500 faculty members, researchers, technicians and academic counsellors, and funded 73 research projects – nearly a third of which were awarded to women.

“The inauguration of the Science and Technology Park represents an important milestone in the implementation of Angola’s national science, technology and innovation policy. This infrastructure creates the conditions to strengthen scientific research, promote innovation, and contribute to economic diversification through knowledge, competitiveness and the development of national solutions.”

– Albano Lopes Ferreira, Minister of Higher Education, Science and Technology, Angola