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    IFC To Support Mphanda Nkuwa Hydroelectric Project In Mozambique


    May 24, 2022 - Fitch Solutions Sector Intelligence

     

      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      IFC To Support Mphanda Nkuwa Hydroelectric Project In Mozambique

      • 24 May 2022
      • Mozambique
      • Infrastructure

      News: The International Finance Corporation (IFC), a unit of the World Bank Group, has signed an agreement with the Government of Mozambique to support the development of the USD4.5bn Mphanda Nkuwa mega hydroelectric project. Under the agreement terms, IFC is expected to participate in selection of a partner for the development of the hydroelectric project. The project includes the construction of a dam on the Zambezi River and a 97sq km reservoir. The project also includes the construction of a 1,300km-long high-voltage transmission line between the project site in Tete province and Maputo (Afrik21).

      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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