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Mozambique calls for investment focus on energy projects

“The energy sector is a fundamental pillar in the economic and social development of our country, as no progress is sustainable without a reliable, accessible, and responsibly managed energy system,” stated Marcelina Joel, the National Director of Planning and International Cooperation of the Ministry of Mineral Resources and Energy, in Maputo.

Speaking at the opening of the Annual Conference of the Association of Energy Regulators of Portuguese Speaking Countries (Relop), she acknowledged that the development and availability of energy infrastructures remain a challenge for the country.

“Therefore, our focus continues to be on actions aimed at attracting investment for the sustainable development and utilization of the country’s energy resources, so that citizens can access these resources at affordable prices,” she added.

On regulating energy sector resources, Marcelina Joel highlighted the strategic importance of the regulatory framework for the government: “as it allows for conditions where investment can be made with legal security, regulatory predictability, and respect for public interest.”

“In this regard, we would like to emphasize the key role that regulatory entities play in articulating initiatives that contribute to development, promote growth, and well-being by creating favorable environments for investments and economic stability,” she explained, noting the “essential” need for a “robust” regulatory framework.

The event is part of Energy and Climate Week in the Community of Portuguese Language Countries (CPLP), taking place until Friday in Maputo. It gathers government representatives, regulators, financiers, companies, and specialists in the field of energy and climate, with the organization highlighting the presence of 29 speakers, representatives from nine Portuguese-speaking countries, and 120 participants.

Mozambique registered over 75 extreme climate events from 2000 to 2023, resulting in economic losses exceeding 3.8 billion euros, placing the country among the 10 most vulnerable worldwide, the government reported this month.

The Mozambican government approved last week the contingency plan for the 2025/2026 rainy season, which may affect 1.2 million people but has less than half of the 14 billion meticais (190 million euros) needed.

Mozambican authorities warned in September about “major” floods in the country and flooding in at least four million hectares of agricultural land during the rainy season that began in October.

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