Annual inflation in the OECD rose 10.3% in June, a maximum since 1988, due mainly to rising food and energy prices in most countries, the organization said today. In a statement released today and quoted by Lusa, the Organization for Economic Cooperation and Development (OECD) said that in a third of the countries...
Tag: energy
Post
Vandalization of infrastructure by terrorists has left 30,000 people without power in Cabo Delgado
Electricidade de Moçambique (EDM) revealed Tuesday that at least 30,000 people have been without power due to the vandalisation of transformers over the last three years by rebels in Cabo Delgado, in the north of the country. Armed groups have vandalized at least 25 transformers in Cabo Delgado, said Gildo Marques, director for the service area...
Post
UK mobilizes USD 1.2 billion for investments in the Energy sector
The UK has already secured 1.2 billion dollars for the energy sector in Mozambique. The amount aims to accelerate access to off-grid power in rural areas. The money has been mobilized by the British private sector operating in the field of renewable energy in Mozambique, in order to support efforts...
Post
BM: High energy prices may continue until the end of 2024
Russia's invasion of Ukraine "has been a huge shock to commodity markets, changing global patterns of trade, production and consumption in ways that will keep prices at historically high levels until the end of 2024," point out the authors of the latest report on the Outlook for Commodity Market Developments...
Post
Russia's energy exports could grow by almost a third this year despite sanctions
Despite the sanctions being applied to Russia by the European Union, the United States and the G7, Vladimir Putin's country is finding ways to keep the economy afloat. And one of those points is being energy. According to estimates made by Bloomberg Economics, also cited by the newspaper...
Post
Mozambique plans to sell more energy to Zimbabwe
Mozambique prospects to increase the quantity and quality of power supplied to Zimbabwe due to growing demand in the agricultural and mining sectors of the neighboring country. The announcement was made on Monday in Maputo by the Minister of Foreign Affairs and Cooperation, Verónica Macamo Ndlovu, at the end of official talks between President Filipe Nyusi and his Zimbabwean counterpart, Emmerson...
Post
About 500 thousand home energy connections will be made in the country
The Government will make about 500 thousand home energy connections through the national grid and isolated systems, as well as electrify more than 77 administrative posts as part of the expansion of the access to energy. The Prime Minister, Adriano Maleiane, disclosed this fact on Wednesday in Maputo, while giving information on different issues...
Post
EU encourages investment in off-grid energy
The Head of Cooperation of the European Union Delegation in Mozambique, Isabel Faria De Almeida, called on the Mozambican private sector to invest in off-grid energy. In her view this can help the country achieve the goal of ensuring access to energy for all citizens by 2030. The idea was defended...
Post
Matola bets on transforming garbage into energy
Solid waste at the Malhampsene dump, in the municipality of Matola, Maputo province, will be used to generate electricity, through the use of methane gas produced by the decomposition of garbage. This is a project of the Municipal Council of the City of Matola (CMCM), which aims to reduce environmental pollution and stimulate...
Post
Government invests $315 million to electrify Mitande
In the path of the energy for all project, the government and partners invested 315 million dollars to electrify Mitande, Niassa province. With this amount a sub-section of the national grid with a capacity of 33 kilovolts was built, which will supply electricity to three thousand families. So far by...