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U.S. Invests in Mozambique’s Power Infrastructure

  • Mozambique
  • Energy

The Challenge

Despite Mozambique’s abundant energy resources, only 33 percent of the country’s population has access to electricity. The Government of Mozambique wants to change that and is working towards its goal of achieving universal access to energy by 2030.

Our Solution & Impact

The Central Térmica de Temane project, a power plant under development with the Government of Mozambique and South Africa-based Sasol Petroleum, will receive a loan of up to $200 million from the U.S. International Development Finance Corporation (DFC). This investment will help fund the development, construction, and operation of a 420-megawatt power plant and 25-kilometer interconnection line in Mozambique. In a country with one of the world’s lowest rates of electrification, the plant will diversify the country’s energy mix, reduce the cost of electricity, and make use of the domestic gas supply to increase power generation.

“These projects will have a significant development impact in Mozambique, improve lives, and create a once-in-a-generation opportunity for the country to build a more prosperous future for all Mozambicans.”

 

U.S. Ambassador Dennis Hearne