Private Investment Opportunities in Mozambique
Recently, many initiatives have been launched aiming to facilitate the access to investment for renewable energies in Mozambique. Here we present you an overview of the most significant initiatives:
Webinar on the investment opportunities for solar energy in Mozambique
On September 12, Solar Power Europe, through its‚ Emerging Markets Taskforce‘ organised a webinar on the investment opportunities for solar energy in Mozambique.
As part of the Emerging Markets Task Force, SolarPower Europe is exploring new markets for solar energy outside Europe. As a first episode of an upcoming series of webinars, Jan Cloin, Project Manager of the Africa-EU Renewable Energy Cooperation Programme (RECP) presented the market opportunities for solar energy in Mozambique. The Subjects covered in this webinar included:
- General investment environment of Mozambique;
- Opportunities identified in the Renewable Energy Atlas (2014);
- Opportunities and constraints identified in the Renewable Energy Status Report by ALER (2017);
- Current known enterprises and initiatives in solar energy in Mozambique;
- Discussion.
The complete presentation is available here.
REACT Sub-Saharan Africa launch in Mozambique
On September 14, the Africa Enterprise Challenge Fund (AECF) launch the REACT sub-Saharan Africa Funding Competition for Mozambique. This is funding for private sector companies to increase the supply of clean and affordable energy for cooking, lighting and productive use in rural Mozambique.
This program seeks to reduce poverty by increasing access to renewable energy and has a value of $ 6.5 million available for companies that want to apply. Concept Note Submission deadline is October 26.
The REACT Sub-Saharan Africa project is funded by the Swedish Agency for International Development Cooperation (SIDA).
More information available here.
30 projects presented for Africa Investment Forum
Investors and members of Mozambique’s business and financial community have presented nearly 30 development projects for the Africa Investment Forum (AIF), the African Development Bank’s new transactional platform for mobilizing investments in the continent.
Mozambique presented projects from various sectors such as agriculture and food processing, energy and infrastructure. These projects will go through a selection process before being presented in AIF.
Stressing President Adesina’s commitment to catalyze private investment in African Lusophone countries through the development of a Compact for Investment, Pietro Toigo, Bank Country Manager for Mozambique said, “Working with the Governments of Brazil and Portugal, the Bank is addressing the specific needs of Lusophone African countries. We are optimistic that Mozambique will have a prominent role in Johannesburg in November”.
Africa Investment Forum will take place from November 7 to 9, 2018 in Johannesburg, and will bring together investors and funders, to whom various projects will be presented, with the aim of accelerating investment opportunities in Africa.
More information here.
GETFiT Moz Stakeholders Meeting and Exhibition
GET FiT Mozambique Stakeholder Meeting and Exhibition will be held in Maputo on October 12 from 8:30 to 13:00.
The objective of this meeting is to present the results of the detailed design and implementation study which was carried out in preparation of the GET FiT Programme for Mozambique.
This event will be a multi-stakeholder, multi-disciplinary collaborative platform to validate the Design Study Results under GET FiT Programme in Mozambique.
The agenda is available here and invitation here.
The GET FiT Mozambique Program (Global Energy Transfer Feed in Tariff Mozambique Program) was developed by KfW Development Bank along with other stakeholders and aims to facilitate private investments in renewable energy projects and assist the Mozambican Government in pursuing a climate resilient low-carbon development path; resulting in growth, poverty reduction and climate change mitigation.