Mozambique: IFC pledges to continue funding development projects
Photo: AfDB
The Africa50 group is to finance the construction of three 840 KV power transmission lines in Mozambique, plus the construction of a data centre in the country’s capital, Maputo.
Memorandums of understanding to this effect were signed yesterday in Maputo by Africa50’s executive director, Alain Ebobissé, and members of the Mozambican government, during the general assembly of the pan-African infrastructure investment platform established by African governments and the African Development Bank in the Mozambican capital.
Electricidade de Moçambique (EDM) chairman Joaquim Henriques Ou-chim explained that the agreements will guarantee the construction of a power line from Metoro district in Cabo Delgado province to Marrupa district in Niassa province, with a capacity of 220 kilovolts (KV). Another power line will run from Chumuarra in Zambézia province to Inhaminga district in Sofala province, with a capacity of 400 KV, and a third 220 KV line will connect Metoro in Cabo Delgado to Namialo district in Nampula.
Another agreement signed on Wednesday aims to build a data centre in Maputo city, with Minister of Communications and Digital Transformation, Américo Muchanga, assuring that the new infrastructure will contribute to the country’s development.
“Our country will have the infrastructure it needs to accommodate all the systems that will serve as the engine for the development of our economy,” said Ministe Muchangar, adding that the same financing is intended for the rehabilitation of the Maluana data centre in Maputo province, southern Mozambique.
Africa50 was created by African governments and the African Development Bank (AfDB) to fill the infrastructure financing gap in Africa by facilitating project development, mobilizing financing and investing in infrastructure.
Maputo yesterday hosted the Africa50 general assembly under the motto “Mozambique and Africa50: Uniting Infrastructure, Connecting Continents, and Transforming Lives”, with the country now part of this financial group, which now has 37 shareholders, including African countries and financial organizations.
Electricidade de Moçambique (EDM) announced on December 5 that it will build and operate new solar power plants in the provinces of Cabo Delgado and Nampula, and is also moving forward with a floating solar power plant on the Chicamba dam in Manica.
In a statement, EDM stated that it signed a memorandum of understanding with Africa50 for the “development of renewable energy production and transmission projects” as part of initiatives to boost the energy transition in Mozambique.
Africa50 “will cooperate with EDM in the development, financing, construction, and operation” of the Montepuez and Angoche onshore solar plants in Cabo Delgado and Nampula, with energy storage components and installed capacity of 100 Megawatts and 60 MW respectively.
“The agreements also include the development of the first 100 MW floating solar plant on the Chicamba Hydroelectric Power Plant reservoir, with the aim of utilizing existing water surfaces for energy production, thus sparing arable land for agricultural purposes,” the same document released at the time added.
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