Africa Energy: Malawi-Mozambique secure funding for power interconnection

Africa Energy: Malawi-Mozambique secure funding for power interconnection

Malawi and Mozambique have secured 20 million euro (about K15 billion) from multilateral lending institutions for the implementation of the power Interconnection project, a move expected to help solve energy woes facing the county.

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Mozambique Oil & Gas: “Arrests could hamper country LNG funding” – Petroleum Economist

Mozambique Oil & Gas: “Arrests could hamper country LNG funding” – Petroleum Economist

High profile arrests in early January related to Mozambique’s “hidden debts” scandal, made at the request of US prosecutors, are an unsettling reminder that the country still faces questions over its financial credibility. It is something those trying to fund LNG projects based on the massive gas reserves of the Rovuma basin could do without.

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Opion: The SA export credit agency willing to invest on Anadarko-led LNG project

Opion: The SA export credit agency willing to invest on Anadarko-led LNG project

The Export Credit Insurance Corporation of South Africa uses public funds for international projects it chooses to invest in. Right now, the agency is considering lending a part of $14-billion needed by US energy company Anadarko for a giant liquefied natural gas project in Mozambique.

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Africa Energy: China loans to Africa energy, infrastructure projects almost trebled between 2016 and 2017

Africa Energy: China loans to Africa energy, infrastructure projects almost trebled between 2016 and 2017

The value of Chinese loans to energy and infrastructure projects in Africa almost trebled between 2016 and 2017 to nearly $9-billion and the impact of this lending is increasingly visible in Africa, law firm Baker McKenzie said at the sidelines of a Brics summit.

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