Will Mozambique become a regional energy hub?
Every day, we handpick the biggest stories, skip the noise, and bring you a fun digest you can trust. Mozambique is set to receive major backing from the World Bank for its $6.4 billion hydropower and transmission project, a key step in the country’s ambition to become a regional energy hub in southern Africa.
Does Mozambique have hydropower?
Mozambique has hydropower resources, particularly in the Zambezi River basin. The country’s technically feasible hydropower potential is more than 12,000MW, of which only around 20% has been exploited. The government is actively pursuing large hydro expansions through public-private and regional initiatives.
Could Mphanda Nkuwa help Mozambique reshape Africa's Energy Future?
Mphanda Nkuwa could also help Mozambique earn critical foreign exchange through exports of electricity to neighbors like South Africa and Zimbabwe. It is among several large hydropower projects aiming to reshape Africa’s energy future.
Why should Mozambique invest in a new power plant?
As a country still recovering from debt distress and natural disasters, the project offers Mozambique a chance to attract long-term investment, boost foreign exchange earnings, and drive industrialisation through more reliable power.
What is the Africa hydropower modernisation programme?
Modernising existing assets is also a strategic priority. The African Development Bank has launched the Africa Hydropower Modernisation Programme, backed by an initial budget US$9.72 million. It will support the modernisation of 12 privately led projects in eight countries.
Will Mphanda Nkuwa be Africa's largest hydroelectric plant in 50 years?
If successful, the project would be the largest hydroelectric facility built in southern Africa in 50 years. The Mphanda Nkuwa plant is part of a broader World Bank-backed initiative, known as Mission 300, which aims to connect 300 million people in sub-Saharan Africa to electricity by .
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