The European Investment Bank and other African banks will give a 400 million euro loan for South African energy producers to develop renewables, reducing the heavy local dependence on coal, reports the Lusa news agency, citing France-Presse (AFP). "The funds will finance private sector projects in renewable energy," he said quoted...
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ADB injects $2.5 million to boost renewable energy
The Board of Directors of the African Development Bank (ADB) has approved funding of 2.5 million dollars to the Mozambican government to develop renewable energy in the country. According to a statement issued by the Bank, the resources from the Sustainable Energy Fund for Africa (SEFA), administered by the ADB, will be...
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Mozambique receives US$ 2.5 million for renewable energy production
The African Development Bank (AfDB) has approved $2.5 million in funding for the government to boost renewable energy production in the country. The amount is part of the Sustainable Energy Fund for Africa, administered by the AfDB. The amount is to be used for the implementation of the Program for the Integration of...
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Sweden to cooperate with Mozambique on renewable energy
The Swedish government will cooperate with Mozambique in the areas of renewable energy and also access to funding through the Climate Fund. The information was shared this Friday by the Minister of Land and Environment, Ivete Maibaze, at the end of a meeting she held with the Swedish Minister of International Cooperation and Development, Matilda...
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Africa must accelerate the search for renewable energy solutions
The president of the Mozambican Renewable Energy Association, Ricardo Pereira, said that the African continent should accelerate the search for renewable energy solutions due to climate change. Cited by the national antenna, Ricardo Pereira said that although African countries produce only 3.8% of global greenhouse gas emissions they pay a high...
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EDM bets on renewable energies
The levels of energy supplied to the country by Electricidade de Moçambique (EDM) should increase in the near future with the company's focus on projects to diversify its energy matrix and renewable energy, said Wednesday in Maputo the Chairman of the Board of Directors (PCA) of the company. The aim is to increase the levels of...
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Mozambique and all of Africa's natural gas can save Europe
Europe depends on Russian gas, but the current armed conflict between Russia and Ukraine is forcing the continent to diversify its energy sources. The African market seems the best solution. Countries such as Algeria, Nigeria, Egypt and Angola, could help that continent reduce its dependence on gas...
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December 20, 2021December 22, 2021Latest, Featured, Interviews & Reports, National
"We should abandon World Bank investments and... 'the gas is all ours'"
The idea of looking at local content centralized the "unprepared" speech of Mozambican businessman Salimo Abdula, during the launch of the "Morenergy" initiative, on Tuesday (14), in the city of Maputo. Speaking as Chairman of the Intelec Holdings Group, among several reminders and suggestions for Mozambique's progress, Abdula...
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Mozambique is the asset for the future... and the energy transition does not depend only on renewables
"There are millions of people who still don't have access to energy, and their need cannot be met through renewables alone" Creating a gas infrastructure in Africa that serves as a bridge to the energy transition is the leading topic in today's debates. But, the conversations sometimes get forgotten....
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Mozambique highlights renewable energy at Africa Energy Market Place
The Africa Energy Market Place (AEMP) 2021, recently organized by the African Development Bank (AfDB), sought to learn about strategic projects and key reforms in the energy sector on the continent. At the event, Mozambique showed that among its priorities in the energy sector is the development of renewable energies. Representing Mozambique, the President of the...