Mozambique at the heart of Southern African development as regional players gather
GigawattMozambique announced this weeka$200-millioninvestment into Mozambique's power sector,alongside several global stakeholders including Standard Bank and the World Bank, amongst many others.
The investmentwill assist in harnessing Mozambique's natural-gas resources, which will further benefit many of Mozambique's neighbours in the southern Africa region.
This - along with several other projects in the SADC region - will bepresented and discussed atEnergyNet'supcoming Southern Africa Energy and Infrastructure Summit (SAEIS) (www.Southern-Africa-Summit.com), taking place in Maputo, Mozambique 4-6thMay 2016. The summit will celebrate regional co-operation, and promote energy and infrastructure projects that require both private- and public-sector support in order to be realised.
EnergyNet'sRegional Directorfor East and Southern AfricaVeronica Bolton-Smith commented that 'regional development is the key to unlocking Africa's energy investment potential - SAEIS will bring together countries from the SADC region to discuss live infrastructure and energy projects which require investment'.
This vibrant region has experienced many positive developments in recent years, both in energy and infrastructure development. Progress in governance, institution-building and democratic consolidation are contributing factors to the positive indicators that long-term investors seek.
The Summitwill explore some of southern Africa's success stories, and how these can be replicated. Southern Africa has witnessed local private-sector led initiatives, and wider participation in exciting projectssuch as South Africa's ground breaking REIPPPP programme - an initiative which will be explored at the SAEIS.
The Summit will also hear from key stakeholders participating in theMoatize/Nacalarailway project,which will runbetween Malawi and Mozambique: aninfrastructure project set to re-define southern Africa and its investment potential.
For more information about this meeting:
Contact Patti Carbonell at [email protected] Visit www.Southern-Africa-Summit.com Event dates: 4 — 6 May Location: Maputo, Mozambique