The Mphanda Nkuwa hydropower project, a 1,500 MW initiative located 60 kilometers downstream from the Cahora Bassa Dam near Tete city in northern Mozambique, has secured the World Bank’s full support. In recent discussions with Mozambique’s government, the World Bank, alongside the International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA), committed to providing technical and financial support. This partnership aligns the project with global climate objectives and reinforces investor confidence.
This ambitious renewable energy initiative aims to expand Mozambique’s electricity generation capacity, positioning the nation as a clean energy leader in Southern Africa. By providing affordable, sustainable electricity to households and businesses across Southern Africa, Mphanda Nkuwa will strengthen energy security and promote sustainable economic development.
Beyond electricity production, the project will drive significant economic and social benefits, including job creation, improved infrastructure, and expanded electricity access for populations in northern Mozambique, enabling schools and clinics to operate reliably. The World Bank emphasizes strong environmental and community safeguards, advocating for transparent engagement and sustainable resettlement strategies to ensure equitable outcomes.
With these safeguards in place, Mozambique is attracting growing investment in renewable energy. The Mphanda Nkuwa project represents a cornerstone, demonstrating the nation’s capacity to lead in hydropower while prioritizing sustainability and regional cooperation. This milestone reflects rising global confidence in Mozambique’s renewable energy sector, highlighting green infrastructure’s role in driving sustainable progress across Africa.
