12 °c
London
Wednesday, June 29, 2022
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Communications

Germany provides €29m to boost Mozambique power supply

FurtherAfrica by FurtherAfrica
January 5, 2016
in Communications, Construction, Economy, Energy, Eswatini, FDI, Finance, Infrastructure, Malawi, Mining, Mozambique, Natural Resources, South Africa, Zimbabwe
Reading Time: 2 mins read
1k 10
0
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

The German government says it will provide a total of €29 million to support projects aimed at improving the supply of electricity in Mozambique. A media statement from state Mozambique Electricity Supply Authority (EDM) says of this amount, €20 million will be allocated to the Power Transmission Line between Mozambique and Malawi and the remaining €9 million for the company’s Short-term Investment Plan (STIP) -Bidirectional transmission.

“All operations may only be implemented after the entry into force of the agreements between the two governments (Mozambique and Germany) to be completed, and the loan agreements and loan and execution with the German financial institution KfW – Kreditanstalt für Wiederaufbau (“Reconstruction Credit Institute”), reads the statement.

EDM says the country’s electricity supply will stay limited until the end of the decade with demand rising rapidly and as new big hydro projects face delays.

Mozambique’s current generating capacity is around 2,200 MW, mainly supplied by the Cahora Bassa hydroelectric dam. Most of that power is exported to neighbouring South Africa, while only 18 percent of Mozambicans have access to electricity.

Proposed projects include a 1,245 MW plant in the northern part of the Zambezi river where Cahora Bassa is also based, and the 1,500 MW Mphanda Nkuwa plant further downstream.

EDM says power demand, currently at 1,600 MW, was rising 15 percent each year and that growth was over 20 percent in the north where most new mining projects were based.

The two hydro projects are dependent on the construction of a $1.8 billion transmission line between the Zambezia province and the capital of Maputo. Currently power from existing dams is sent to South Africa and then transmitted back to Mozambique.

All of the projects have been delayed for many years, but there is expectation that the coal and gas-rush in the country will give an impetus for the investments to go ahead.

Source: StarAfrica

Related

Tags: EDMElectricidade de Moçambiquehydro projectsKfWKreditanstalt für WiederaufbauMozambique Electricity Supply AuthorityMphanda NkuwaPower Transmission LineZambézia
ScanSendShare406Tweet254Share71Pin91Send
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

S&P Analysis: New African refining projects to cap continent’s crude exports
Energy

Angola joins the EITI as Africa’s 28th member

by Energy Capital & Power
June 29, 2022
Mozambique picks Societe Generale to advise state oil company on funding
Economy

SocGen CEO sees organic Africa growth in ‘uncertain climate’

by FurtherAfrica
June 29, 2022
Environment

UK to guarantee US$2B of AfDB debt to boost climate fight

by FurtherAfrica
June 29, 2022
5G broadcasting for the Sub-Saharan regions vs Satellite & digital terrestrial TV services
Communications

South Africa making progress on broadcasting digital migration

by FurtherAfrica
June 28, 2022
Haile Gebrselassie’s Marathon Motors opens Ethiopia 1st EV charging station
Business

5 EV brands coming to South Africa

by Energy Capital & Power
June 28, 2022
Angola Oil & Gas 2022
 
AFSIC 2022
 
Great Limpopo Transfrontier Park
 
MozParks

Translate this page

Read the Latest

The tripartite network theory in the gold mining industry: a lesson for Africa
Commodities

Ethiopia’s gold export generated US$513.9M in 11-month

by FurtherAfrica
June 29, 2022
0

Ethiopia has obtained 513.9 million US Dollars from the export of gold in the last eleven months of the current...

Read more
S&P Analysis: New African refining projects to cap continent’s crude exports

Angola joins the EITI as Africa’s 28th member

June 29, 2022
Mozambique picks Societe Generale to advise state oil company on funding

SocGen CEO sees organic Africa growth in ‘uncertain climate’

June 29, 2022

UK to guarantee US$2B of AfDB debt to boost climate fight

June 29, 2022

Kenya inks MoU for avocado processing in Kisii

June 29, 2022

FurtherAfrica Partners Network

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
Digilogic Africa Web3Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 73,051 other subscribers.

FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?