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Mozambique's Minister of Energy at the 3rd Annual Powering Africa Mozambique Meeting

The Indy Village Maputo , Africainvestor, April 24, 2014

Mozambique's Minister of Energy Hon. Salvador Namburete to give an exclusive insight into investment opportunities in Mozambique's power sector

Mozambique's discovery of the 4th largest gas reserves in the world, coupled with an estimated US$12 billion worth of power projects in the pipeline and steady economic growth of 8% a year, makes the country one of the most exciting and lucrative power investment destinations in the world.

Most recently, ACWA Power Moatize TermoelÚctrica announced the development of a thermo-electric power station in Mozambique's Tete province with an estimated cost of US$1 billion, and the Japanese government announced it is to grant Mozambique a loan of 17.27 billion yen (167 million US dollars) to build a gas fired power station in Maputo. The 3rd Annual Powering Africa Mozambique Meeting will bring together senior decision-makers representing such projects.

Private sector participants will include among others Pedro Pereira Coutinho, Managing Partner for Eaglestone's operations in Mozambique.