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Moçambique assina pacto para ser accionista em plataforma de investimento em infra-estruturas
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February 14th, 2024February 13th, 2024Latest, Economy, National, Business

Mozambique signs pact to become shareholder in infrastructure investment platform

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Mozambique has begun the integration process to become a shareholder in the pan-African infrastructure investment platform, Africa50. The Minister of Economy and Finance, Max Tonela, and the CEO of Africa50, Alain Ebobissé, signed the Share Subscription Agreement on behalf of the Mozambican government on Monday (12) in Casablanca, Morocco, with the commitment...

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December 6th, 2023December 6th, 2023Latest, Economy, Companies, National, Business

EDM and Africa50 join forces to build new solar power plants in Mozambique

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Electricidade de Moçambique (EDM) has announced a partnership with Africa50 to develop new solar power plants in Cabo Delgado and Nampula. The projects include solar parks and a floating solar plant on the Chicamba dam. In a statement, quoted by DW, EDM said it had signed a memorandum of understanding with Africa50 for the "development of...