Mozambique: Power utility profits up 150%

The profits of Eletricidade de Moçambique (EDM) more than doubled in 2022 to 5.22 billion meticais (€75.3 million), according to the report and accounts of the state-owned electricity company, to which Lusa had access on Friday. According to the document, the company recorded a net profit of almost 2.1 billion meticais (€30.3 million) in the … Continue reading Mozambique: Power utility profits up 150%