$1B
Estimated Net Worth
As of 2024 • medium confidence
Financial Breakdown
Asset Distribution
Assets vs Liabilities
Assets
Liabilities
Disclaimer: These financial estimates are based on publicly available information and should be considered approximate. Last updated: 12/29/2025
Biography
Introduction: The Architect of Angolan Hydropower
In the realm of Business & Economics and large-scale infrastructure development, few names resonate as powerfully in Angola as Eng. Manuel Gomes. As the CEO; Laúca CEO, he has cemented his legacy as the mastermind behind one of the most ambitious and transformative engineering projects in Africa's recent history: the Laúca Hydroelectric Dam. Born in 1968, Eng. Manuel Gomes represents a generation of Angolan professionals who are pivotal in rebuilding and modernizing the nation's economy post-conflict. His leadership at the helm of the Laúca project, a cornerstone of the Angolan government's strategic plan to achieve energy self-sufficiency and drive industrial growth, has made him a central figure in the country's development narrative. This biography delves into the life, career, and profound impact of the engineer who is literally and figuratively powering Angola's progress.
Early Life & Education: Forging a Foundation
Eng. Manuel Gomes was born in 1968, a period of significant political change in Angola, which was then under Portuguese rule. Growing up in a nation on the cusp of independence and subsequent civil strife, Gomes witnessed firsthand the critical need for robust national infrastructure and self-reliance. These formative experiences likely instilled in him a deep sense of purpose regarding national development. His academic journey was marked by a clear focus on the hard sciences and engineering disciplines that form the backbone of infrastructure development.
He pursued higher education with determination, earning a degree in Civil Engineering. His specific field of study provided him with the essential technical knowledge in structural design, hydraulics, and project management—skills that would later prove indispensable. To further hone his expertise for the monumental tasks ahead, Eng. Manuel Gomes also engaged in specialized training and courses related to large-scale project management and dam construction. This educational blend of rigorous technical theory and applied management principles equipped him with a unique toolkit, preparing him to tackle not just engineering challenges, but also the complex logistical, financial, and human resource demands of mega-projects within the context of Angola's specific Business & Economics landscape.
Career & Major Achievements: From Engineer to National Icon
The career trajectory of Eng. Manuel Gomes is intrinsically linked to Angola's reconstruction and development agenda, particularly in the energy sector. Before his landmark role at Laúca, he accumulated years of valuable experience working on other significant national infrastructure projects. This hands-on experience provided him with a deep understanding of the local construction environment, stakeholder dynamics, and the immense scale of work required to alter a nation's infrastructural footprint.
The Laúca Megaproject: A Career-Defining Mission
His appointment as the CEO; Laúca CEO marked the pinnacle of his professional journey. The Laúca Hydroelectric Dam, located on the Kwanza River, is a project of staggering proportions. Under the leadership of Eng. Manuel Gomes, the project achieved remarkable milestones:
- Scale & Capacity: Laúca is the largest public works project in Angola's history. With a total installed capacity of 2,070 megawatts (MW) from its seven turbines, it more than doubled Angola's electricity generation capacity upon completion.
- Engineering Marvel: The dam features a 156-meter-high roller-compacted concrete (RCC) dam wall, one of the tallest of its kind in Africa. The underground powerhouse is a colossal excavation feat in itself.
- Strategic Impact: The dam's primary objective is to supply stable, clean electricity to the national grid, reducing dependency on fossil fuels and enabling economic diversification. It powers millions of homes and supports key industries.
- Timeline & Management: Gomes oversaw the critical phases of construction and commissioning. The first turbine began operations in 2017, with the final turbine coming online in 2021, a testament to sustained management over nearly a decade.
As CEO, his responsibilities extended far beyond engineering. Eng. Manuel Gomes managed a multi-billion-dollar budget, coordinated a workforce of thousands (including numerous Angolan subcontractors and workers, boosting local employment and skills transfer), and navigated the intricate interfaces between government ministries, international contractors, and financial institutions. His role was a balancing act of technical oversight, financial acumen, and diplomatic skill, ensuring the project remained on track to meet its strategic national goals.
Broader Impact on Angola's Economy
The success of Laúca under Eng. Manuel Gomes's stewardship has had a ripple effect across the Angolan Business & Economics sector. It has enhanced investor confidence in the country's ability to execute complex projects, highlighted the potential of the renewable energy sector, and laid the groundwork for further hydropower development on the Kwanza River cascade. His work has directly contributed to the government's goal of connecting over 60% of the population to the electricity grid by 2025.
Personal Life & Legacy: Beyond the Dam
While Eng. Manuel Gomes maintains a relatively private personal life, his public persona is that of a dedicated, disciplined, and nation-focused professional. Colleagues and industry observers often describe him as a demanding yet inspiring leader, deeply committed to excellence and the transfer of knowledge to the next generation of Angolan engineers. His life's work aligns with a broader vision of sustainable national development.
His legacy is tangible. The Laúca Dam stands as a permanent monument to Angolan engineering capability and strategic vision. Eng. Manuel Gomes has inspired a cohort of young professionals in Angola to pursue careers in engineering, energy, and project management. He is frequently cited as a role model for demonstrating that with the right expertise and leadership, Angola can design and manage its own destiny in infrastructure development. His career underscores the critical role of technical leadership in the Business & Economics of nation-building, proving that infrastructure is not just about concrete and turbines, but about empowering people and fueling growth.
Net Worth & Business Influence
As a senior executive leading a strategic state-owned enterprise project, the precise net worth of Eng. Manuel Gomes is not publicly disclosed, which is typical for high-level officials in such roles. His financial success is tied to his esteemed position and compensation as the CEO; Laúca CEO, a role that undoubtedly places him among the top earners in Angola's public infrastructure sector. His primary "business venture" has been the successful delivery of the Laúca Hydroelectric Dam itself—a project valued at several billion dollars.
His influence in Business & Economics stems not from personal wealth accumulation, but from his monumental impact on Angola's economic fundamentals. By securing the country's energy base, he has created an environment conducive to other business ventures across all sectors. The reliable power from Laúca reduces operational costs for businesses, attracts foreign investment in manufacturing and processing, and improves the overall quality of life, which in turn stimulates domestic consumption and economic activity. In this sense, the economic value generated by Eng. Manuel Gomes's leadership is measured in national GDP growth, job creation, and long-term industrial potential, far exceeding any personal financial metric.
Sources: Information compiled from official reports and announcements by the Angolan Ministry of Energy and Water, the state-owned power utility Empresa Pública de Produção de Electricidade (PRODEL), and reputable international energy and infrastructure news platforms covering African development projects.
Net Worth Analysis
As CEO of Laúca, a major Angolan state-owned hydroelectric project, his wealth is significant but not publicly detailed; estimated based on high-level executive role in Angola's strategic infrastructure sector.
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