The Powering Africa: Mozambique meeting will be held in Maputo next month from 7-8th May
Following the recent changes to the energy sector in Mozambique, it is hardly surprising that His Excellency Minister Couto is the most sought after man in Southern Africa’s energy sector today. The transformation of the Ministry that is currently in the planning stages will change the dynamic of interaction for many established investors, as well as what is required for new investors looking to enter the sector.
With all this considered, EnergyNet (http://www.energynet.co.uk) is delighted to announce that the newly combined Ministry for Mineral Resources and Energy has agreed to continue its support of the ‘EnergyNet Student Engagement Initiative, first launched in 2014, which continues to finance students from Mozambique to travel internationally and participate in high level investor briefings, taking advantage of the training programmes generously provided by the initiative’s strategic partners, Norton Rose Fulbright and Aggreko.
EnergyNet’s Managing Director Simon Gosling commented, “With so many investors such as Sasol, AfDB, IFC, World Bank, Comargo Correa, Eskom, OPIC, ACWA Power, Nedbank, Ncondezi Energy, EIB and AIIM attending the Powering Africa: Mozambique meeting in Maputo next month from 7-8th May (http://www.poweringafrica-mozambique.com), we’re also delighted to again have the support and presence of the Ministry, FUNAE and EDM, whose board members will contribute to the agenda and meet with investors to discuss future thinking.”
The next six months are a critical time for the Ministry and absorbing private sector thinking will certainly benefit both sides. Therefore for the Ministry to continue to support EnergyNet’s endeavours in promoting Mozambique’s power sector is a huge compliment and a clear demonstration of the country’s commitment to maintaining momentum in its gas and power markets. EnergyNet is deeply grateful.
Discussions taking place at the meeting will centre around future opportunities, what the relationship between public and private sector investors can look like and how Mozambique can increase efficiency within the sector to hasten the pace of development. “We will of course be discussing Mozambique’s important role regionally and how gas utilisation will continue to be a central enabler of long term economic success, as well as featuring exceptional projects such as the EDM/Sasol/ACWA Power IPP” confirmed Gosling.