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PRESS RELEASE
Mozambique’s recently merged energy and resource ministries present new opportunities for inward investment
EnergyNet will host the 4th Annual Powering Africa Mozambique in Maputo from the 7th-8th May 2015
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With exports of liquefied natural gas projects scheduled to start in 2019, Mozambique has high expectations for its gas sector. Furthermore, the prospects for renewable energy look promising with more than 23TW of possible renewables projects coming online.
However, despite over US$ 3.238 billion of investment in power projects in 2014, the transmission bottleneck continues to impact the social and economic development of the region, threating the bankability of power projects in development. Eskom, African Development Bank, IFC and Southern African Power Pool are amongst the partners addressing transmission and regional distribution to accelerate the country’s industrial development.
EnergyNet (http://www.energynet.co.uk) will host the 4th Annual Powering Africa Mozambique in Maputo from the 7th-8th May 2015 (http://www.poweringafrica-mozambique.com). Participants will be given the opportunity to connect with over 150 senior participants including power developers, financiers, DFIs and transmission partners to discuss market developments, investment opportunities and the viability of project finance in line with the country’s vision 2025 objectives.
Respected stakeholders and major investors confirmed to attend include Eskom, Sasol, AIIM, ACWA Power, SMBC, European Investment Bank, African Development Bank and Tractebel Engineering. Visit www.poweringafrica-mozambique.com for more information.
Topics will focus on the new Ministry’s strategies for encouraging investment, natural resources and generation topics in support of Mozambique’s plans to escalate electricity access in line with its future gas economy.
Distributed by APO (African Press Organization) on behalf of EnergyNet Ltd.
For more information about Powering Africa: Mozambique 2015
Meeting dates: 7-8 May 2015
Venue: Polana Serena Hotel, Maputo
If you feel you could contribute to the agenda topics, please contact: Amy Offord, Marketing Manager
Tel: +44 (0)20 7384 8068 E: amy.offord@energynet.co.uk Visit: www.poweringafrica-mozambique.com
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