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 Board of Directors of the Energy Fund - FUNAE, António Saíde, referred to the first and recently launched call for applications for mini-green initiatives, under the "Brilho" program.

One of the big questions that Funae focused on in the various debates at the fifth edition of the Africa Energy Market Place was how Mozambique can realize its ambition of becoming a regional energy powerhouse in the Southern African Development Community and achieve universal access by 2030.

Five countries participated in the event, namely Mozambique, Tunisia, Cameroon, Guinea and Kenya. In addition to these, renowned institutions interested in investing in renewable energy took part: Power Africa, the European Investment Bank, Africa50, the Asian Infrastructure Investment Bank, the International Finance Corporation, the European Union, the World Bank, the Foreign, Commonwealth and Development Office of the United Kingdom, the Agence Francaise de Développement of Germany, the development agency GIZ, the European Bank for Reconstruction and Development, the Infrastructure Development Association of Africa (AfIDA), the Islamic Investment Bank and IRENA.

The AEMP is a collaborative investment platform created by the AfDB as part of the new Energy for Africa agreement.

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