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 the requirements for new investors looking to enter the sector.
EnergyNet Student Engagement Initiative
EnergyNet 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, this initiative continues to finance students from Mozambique to travel internationally and participate in investor briefings, taking advantage of the training programmes generously provided by the initiative’s strategic partners, Johannesburg-based Norton Rose Fulbright, a multinational law firm, and southern African-based power services company 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, 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.
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”, Gosling confirmed.
For more information or to apply for press accreditation to Powering Africa: Mozambique:
Meeting dates: 7-8 May 2015
Venue: Polana Serena Hotel, Maputo
Contact: Amy Offord, Marketing Manager
Tel: +44 (0)20 7384 8068