The dams are to be constructed on the Kwanza river in the Kapanda (Malanje) and Cambambe (Kwanza Norte) areas, respectively.
Details of the proposed scale of the funding for the projects, which together would have approximately 2GW of installed capacity, were not disclosed.
Russian Ambassador Serguey Nenachev disclosed the funding plan in advance of Russian President Dmitry Medvedev's visit shortly to Angola. The visit is to boost economic links between the countries.
The President is to sign a proposed Technical-Scientific and Economic Cooperation Agreement between the countries.
