Mozambique’s state utility, EDM, has secured around $200 million from IFC for the refinancing of its 175 MW Central Termoeléctrica de Ressano Garcia (CTRG) power plant in which it holds a 51% stake, the company said in a statement this week. [...]
The Mocuba solar power plant in Mozambique - the first large-scale solar power plant in sub-Saharan Africa outside of South Africa - should reach financial close in the coming weeks after the IFC committed to a scaled-down financing package, reflecting a [...]
The Mozambique Government is putting on a major infrastructure conference today and tomorrow in the city of Tete, with the aim of mobilising resources to improve the country’s transport corridors, energy infrastructure, and irrigation - and deciding on [...]
Ncondezi Energy is looking for a new partner for its coal-fired power project in Mozambique’s Tete province, after Shanghai Electric Power failed to provide the investment that would have seen it take a 60% stake in the project.
The South African Energy Minister said today that she intends to negotiate an energy collaboration agreement with Mozambique, which includes a pipeline to take gas from the Rovuma Basin to South Africa. Minister [...]
Shanghai Electric Power (SEP), the Chinese company planning to take a 60% stake in a coal-fired power project near Tete in north-western Mozambique, is negotiating terms to provide $3 million over the [...]