Electricidade de Moçambique (EDM) to invest $413 million to implement the second phase of the expansion of the electricity grid throughout the country.

The amount will be applied as part of the Energy for All Program, which aims to facilitate access to electricity for more families and companies nationwide, contributing to the universal electrification of Mozambique by 2030.

The assurance was given by the director of Electrification and Projects at EDM, Cláudio Dambe, speaking on Radio Mozambique's Café da Manhã program.

"At this point $413 million has already been mobilized for the second phase of the construction of the networks, nationwide. We are now launching the tenders, most of which are already completed, and we are also working with the Confederation of Economic Associations (CTA) and the Chamber of Commerce to motivate the local business community to participate in these tenders," explained Cláudio Dambe.

He added that since the specifications use World Bank guidelines, it is necessary to familiarize the local business community so that it can better participate in Mozambique's electrification process.