Wärtsilä is a global technology group that has a lot of experience with African energy markets. In their study, they looked at two separate scenarios for expanding the Mozambican power system. The aim was to assess the financial and environmental impact of one key parameter: how much renewable energy capacity should be built in each […]
Category Archives: Mozambique News
Mozambique News
Energy, Mozambique News, Nigeria News, South Africa News
COP27: A unique opportunity to set the stage for Africa’s future in clean energy, according to Wärtsilä report
The climate change conference COP27 offers a unique opportunity to increase energy access and lay the foundations for decarbonisation across Africa, but wealthy nations must deliver on their climate finance pledges to unlock the continent’s potential, according to a new report. ‘Pathways for Africa’s Energy Future,’ a report from the technology group Wärtsilä, provides power system […]
Energy, Mozambique News
Total focus on renewables and gas is the cheapest way to meet Mozambique’s new electricity demand
Oped by Wallace Manyara, Business Development Manager, Region South & East Africa, Wärtsilä Energy To meet its growing energy needs and increase electricity access across the population, Mozambique must build 1.3 GW of new power capacity over the next decade. A further 2 GW would be needed to support the planned development of the Beluluane […]
By Lerisha Naidu, Partner, Angelo Tzarevski, Associate Director, Sphesihle Nxumalo, Associate and Zareenah Rasool, Associate, Competition & Antitrust Practice, Baker McKenzie Johannesburg Baker McKenzie’s latest Africa Competition Report 2022 provides a detailed analysis and overview of recent developments in competition law enforcement and competition policy in 32 African jurisdictions and regional bodies. The Report outlines how, over […]
Leading transport event tackles the key challenges of inter-Africa trade expansion In 2021, the Port of Maputo achieved a new handling record of 22.2 million tons, representing 21% year-on-year growth compared to the previous year’s handling volume of 18.3 million tons. A reflection of a post-Covid market recovery, Mozambique’s Maputo Port Development Company (MPDC) CEO Osório […]
By Angelo Tzarevski, Associate Director, and Zareenah Rasool, Candidate Attorney, Competition & Antitrust Practice, Baker McKenzie Johannesburg Competition policy continues to be viewed by regulators as a key driver of economic growth globally. Across Africa, competition policy enforcement is increasingly being employed as a tool to boost economic performance and promote the revitalization of trade […]
Africa’s leading banks including EcoBank, Nedbank, Attijariwafa Bank, United Bank of Africa, Co-operative Bank of Kenya and Banco Mais are tapping into IBM technologies to help advance financial inclusion across the continent IBM today announced that major financial institutions across Africa have selected hybrid cloud and AI capabilities from IBM to unlock digital innovation and continue […]
By African Energy Chamber We are disappointed about Total’s recent decision to declare force majeure on its Mozambique LNG Project. While the African Energy Chamber stands in solidarity with Mozambique and Total and all energy investors, we believe the declaration of force majeure could have been prevented and comes prematurely. We encourage all parties involved […]
A recent uptick in direct investment activities in Africa’s energy sector sheds light on the role of sustained investor interest in catalyzing socio-economic growth. In the past twelve months, the African energy sector has seen several encouraging developments – in the form of both Foreign Direct Investment (FDI) and strategic partnerships – that have advanced […]
Air France announces today that it will be expanding its operations on the African continent with increased frequency of flights between Paris-Charles de Gaulle and Johannesburg, and a brand-new route to Maputo, Mozambique from 20 June 2021. The flight to Maputo will be a continuation of the Johannesburg flight. Wouter Vermeulen, General Manager Southern Africa Air France-KLM, affirms that Air France remains strongly committed to […]