Banga met with Mozambique’s President Daniel Chapo in Maputo, where the two leaders agreed on deepening ties, with energy development placed at the centre of future economic plans. Chapo reiterated his ambition to transform Mozambique into a regional energy hub.

Following the meeting, Banga outlined some of the key projects under discussion. “We are talking to the government about investing in an additional 1 500 megawatts in downstream projects, and at the same time, there are plans to develop 400 megawatts of solar capacity,” he said.

Banga further noted that the long-term vision includes modernising and expanding existing power plants. “The President also has broader plans to upgrade current facilities and add new downstream capacity. When you consider the next ten years, his vision, which I fully support, is for Mozambique to become an energy powerhouse,” Banga added.

Mozambique holds significant energy potential, especially in hydropower and renewables, and the World Bank’s involvement is expected to provide much-needed momentum in unlocking these resources to drive growth and development.

--ChannelAfrica--