Saturday, November 23African Digital Business Magazine

Tag: energy sector

Energy, Mozambique News

Innovating Mozambique’s Energy System Through Technical Capacity Enablement

According to a recent McKinsey report, global energy demand is projected to rise substantially, potentially increasing by up to 18% by 2050, largely driven by emerging economies, including Africa. Despite this growth, per capita energy consumption in these regions is expected to stay below that of developed markets due to ongoing energy efficiency initiatives. Additionally, technological advancements, including AI and the expansion of data centres, are anticipated to play a major role in fuelling the global increase in energy demand. Mozambique has the largest power generation potential of all Southern African countries, with the capacity to generate 187 GW of power from coal, hydro, gas, solar, wind, and other renewable sources, according to Deloitte’s Africa Energy Outlook Report 2024. ...