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EVENT: Mozambique set for Powering Africa

EVENT: Mozambique set for Powering Africa

Apr 30, 2014

Mozambique is rapidly emerging as one of the fastest growing economies in Africa. Economic growth is expected to average around 8% over the next few years, and the country is experiencing period of political and economic stability. Clearly, Mozambique holds a wealth of opportunities for domestic and foreign investors, and developers and contractors in the power sector. While there is undoubtedly still some residual risk involved in investing in emerging economies such as Mozambique, strong evidence points to the fact that the country will become a major market for power sector investors over the next decade.

The 3rd Annual Powering Africa: Mozambique Meeting will once again bring together the public and private sector in dynamic dialogue to reveal the latest investment opportunities, provide solutions to obstacles and set the agenda for policy development for the coming year.
Mozambique’s Minister of Energy, the Hon. Salvador Namburete, will address an international audience of power sector experts at Powering Africa: Mozambique meeting in Maputo, 8-9th May.

Mozambique is sitting on a vast potential for power generation following the discovery of the 4th largest gas reserves in the world and reports of an estimated US$12 billion worth of power projects in the pipeline.

To discuss how to identify these opportunities, attract foreign investment and build relationships between stakeholders, the third annual Powering Africa: Mozambique Meeting will take place from 8-9 May in Maputo, to allow key participants from the public and private sector to enter into dynamic dialogue designed to shape the future of Mozambique’s power sector.

A combination of round-tables and workshops will allow participants to question and engage in dialogue with government officials and private sector developers to explore solutions and help shape policy for some of the most critical issues facing the development of the power sector in Mozambique, including: the electrification of gas for domestic and international use, the funding of hydro power projects, the funding of grids, solving the off taker issues and lack of government guarantees. The 3rd Annual Powering Africa Mozambique Meeting is being hosted in partnership with the Mozambican Ministry of Energy.

Public sector participants attending the meeting include:
Hon Salvador Namburete, Minister of Energy, Republic of Mozambique
Laura Nhancale, Director of Studies and Planning, Ministry of Energy, Republic of Mozambique
Antonio Osvaldo Saide, Director, New and Renewable Energy, Ministry of Energy, Republic of Mozambique
Pascoal Bacela, National Director of Energy, Ministry of Energy, Republic of Mozambique
Augusto de Sousa, Chairman, Electricidade de Moçambique (EDM)
Isaque Chande, Commissioner, CNELEC
Maduna Ngobeni, Project Officer : IPP Renewables, Department of Energy, South Africa
Private sector participants will include:
Cédric Lemarié, General Manager, Vale* (*To be confirmed)
Willem Theron, General Manager: New Business Development, Southern African Energy Unit, Eskom
Manoj Gupta, Country Head Mozambique, Jindal Africa
Kribs Govender, General Manager SNE, Low Carbon Electricity, Sasol
Sean Friend, Portfolio Manager, Infrastructure, Developmental and Environmental Assets, Old Mutual Investment Group (Pty) Limited
David Humphrey, Global Head of Power and Infrastructure, Standard Bank Group
Pedro Pereira Coutinho, Managing Partner, Eaglestone

Meeting name: Powering Africa: Mozambique
Meeting dates: 8-9th May 2014
Venue: Girassol Indy Congress Hotel & Spa
For more information, please click here.

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