The government of Angola and the African Development Bank Group officially launched the Luanda Science and Technology Park (Luanda Tech) in the capital city, as part of a $100 million initiative known as the Science and Technology Development Program (STDP), which has involved the renovation of numerous scientific institutions and the training of 1,500 science educators.
The Science and Technology Park arrives at an opportune moment, as a nation seeking development must focus on science and technology, Angolan President João Lourenço mentioned during the event. "Our aim is for this infrastructure to serve as a hub where academics, scientific researchers, businesses, and aspiring young entrepreneurs can come together. It is via education, creativity, and the potential of our youth that we will develop innovative solutions to tackle Angola's issues. This funding marks a significant move toward enhancing local research capabilities and promoting the nation's tech progress," President Lourenço stated.
The African Development Bank’s Country Representative, Pietro Toigo, stated that the collaboration between the bank and the government is prepared to establish more technological corridors throughout the nation's provinces during the project's next stage.
Toigo reiterated the Bank's dedication to Angola's young people and emphasized the importance of science, technology, and innovation in fueling the nation's economic development.
This goes beyond the introduction of a significant infrastructural facility. It marks the honoring of a national aspiration: a picture of Angola that focuses on education, inspires its young people, enhances its scientific potential, and creates fresh forces for economic variety and equitable development. Toigo said.
He stated that the Luanda Tech initiative seeks to establish an enabling atmosphere where researchers, businesspeople, students, and creators can turn concepts into practical answers, and those answers into financial worth.
The initiative has focused on developing human resources by offering 161 scholarships at global universities, along with supporting the secondary education of 1,204 girls from underprivileged communities who aim to study and work in scientific fields.
"These financial commitments correspond with Angola's National Development Plan for 2023–2027, along with the strategic goals set by Dr. Sidi Ould Tah, the President of the African Development Bank Group. He has identified, among his four main focuses—known as the Four Critical Pillars—the conversion of population trends into an economic advantage via investments in young people, training programs, and job creation," Toigo noted.
The collaboration between the Angolan government and the African Development Bank through the STDP initiative has provided 54 scientific labs at 18 high schools; educated more than 1,500 teachers, researchers, technical staff, and academic advisors, along with financing 73 research studies—almost one-third of these grants went to female participants.
Angola's Minister for Higher Education, Science and Technology, Albano Lopes Ferreira stated: "The opening of the Science and Technology Park marks a significant step forward in carrying out Angola’s national strategy for science, technology, and innovation. This facility provides the necessary environment to enhance scientific studies, encourage creativity, and support economic variety via knowledge-based approaches, competitive advantage, and the creation of local solutions."
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Tagged: ICT and Telecom, Angola, Economy, Business and Finance, Science and Biotechnology, Sustainable Development, Central Africa, Southern Africa
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