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Subscriber
Project bulletin

Electricidade de Moçambique (EdM) is to advance $3m to the Mphanda Nkuwa Implementation Office (GMNK) to help with the cost of development work for the 1.5GW Mphanda Nkuwa hydroelectric power (HEP) plant, ahead of financial close.

Mozambique
Subscriber

Dublin-headquartered Kenmare Resources anticipates spending up $25m on power infrastructure upgrades in 2026-27 to supply its Moma titanium minerals mine on the coast of Nampula province, 160km south of Nampula city.

Mozambique
Subscriber

Australian Securities Exchange (ASX)-listed graphite miner and processor Syrah Resources has signed two new offtake agreements with American active anode material (AAM) processors for offtake from its Balama mine in Cabo Delgado province. Balama is the world’s largest facility outside China producing natural graphite, which is far less emitting than its synthesised counterpart. Major new demand from US-based buyers would mark a sea change in its marketing, as in 2022 China made up 64% of Syrah’s sales by revenue.

Mozambique
Subscriber

Following a fall in African liquefied natural gas exports in 2022, there are signs of fresh momentum in a number of large onshore and floating LNG projects in key markets including Nigeria and Mozambique, write James Gavin and African Energy staff.

Mozambique | Nigeria
Subscriber

Most big oil companies reported a sharp falls in profits in Q2 2023, but Africa still figures prominently in results and future plans – and where it doesn’t majors are able to divest at least some of their more attractive assets.

Ghana | Mozambique | Angola | Namibia | Zambia | Congo Brazzaville | Gabon | Côte d'Ivoire
Subscriber

Former finance minister Manuel Chang pleaded not guilty in a New York court on 13 July to charges over the long-running ‘tuna bond’ scandal, having been extradited to the United States from South Africa the previous day. Chang was sent to New York after a South African court had rejected his request to be tried in Maputo.

Mozambique
Subscriber

A long-awaited final investment decision (FID) for the 18m t/yr Rovuma liquefied natural gas (LNG) project could be made in 2025, operator ExxonMobil has told Bloomberg.

Mozambique
Subscriber
Project bulletin

Globeleq has consolidated its southern Africa focus – and substantial position in Mozambique – while Norway’s Scatec has sold down another of its ground-breaking projects, as the London-based developer bought a 75% stake in the 40MW Mocuba solar PV plant in Zambézia province.

Mozambique
Subscriber

London Stock Exchange-listed Tirupati Graphite has confirmed it is starting trial production at its 50,000 t/yr Montepuez graphite project in Mozambique.

Mozambique
Subscriber

Investment in exploration and production (E&P) activity is increasing around the continent, with emerging resource holders in the south and east of the continent now often attracting more international interest than the more established arenas of northern and west-central Africa, writes James Gavin.

Mozambique | Namibia
Subscriber
Project bulletin

The Mphanda Nkuwa Implementation Office (GMNK) said on 8 June that the European Union and its European Investment Bank (EIB) lending arm would provide finance for the 1.5GW Mphanda Nkuwa hydroelectric power (HEP) plant development and its 1,300km high-voltage line from Tete province to Maputo.

Mozambique
Subscriber

A report into the Cabo Delgado insurgency and the future of TotalEnergies' Mozambique LNG project has concluded that the security and humanitarian situation is improving, which could lead to work restarting later this year. The Rufin report has also prompted a $200m action plan to address some root causes of the violence, writes Marc Howard.

Mozambique
Subscriber

The Ministry of Mineral Resources and Energy said on 26 May that a consortium led by Électricité de France (EDF) had been selected as the preferred bidder for the long-awaited 1.5GW Mphanda Nkuwa hydroelectric power (HEP) development on the Zambezi River in Tete province.

Mozambique
Free

Establishing a reliable financial framework for building cross-border power interconnections may be the single most effective way to improve electrification across sub-Saharan Africa. Yet bureaucratic impediments are holding up progress at an important scheme, the Southern Africa Power Pool (Sapp)’s Regional Transmission Infrastructure Financing Facility (RTIFF), which could implement its first projects in two to three years – with the right support.

Mozambique | Botswana | Namibia | Zambia | Zimbabwe | South Africa
Subscriber

The resumption of work appears to be edging closer on the TotalEnergies-led Mozambique LNG project and ExxonMobil’s nearby Rovuma LNG scheme, amid an improving security situation and indications of support from international partners. However, rising costs are overtaking security issues as a primary concern and could yet lead to further delays, writes Marc Howard.

Mozambique