By 2030, the Mozambican government will invest around 34 billion dollars in generating more than 3000 MW of energy.

The information was provided by the Minister of Economy and Finance, Max Tonela, in Washington, during a lecture under the slogan "United for Energy Security and Sustainability, Triple Victory for Regional Energy Trade", held as part of the spring meetings of the World Bank and the International Monetary Fund (IMF).

According to the government official, these are investments that will also allow the southern African region to have energy at a lower cost, which is why it is important to work with financial institutions that have "skills and background in this type of process, such as the Bank of Mozambique".

According to the minister, more than 560 million people live without access to energy in southern Africa, which represents both a challenge and an opportunity for the country, stressing that Mozambique has exported more than 1,000 MW of energy, while at the same time investing in increasing transfer capacity.

"We are a country with a high energy and water potential, as well as renewable sources and natural gas, which are still little exploited, but which can meet domestic and foreign needs," he emphasized.