zesa

Mozambique Energy: Zimbabwe’s debt to EDM increased by over 50%

Posted on July 26, 2017 by Mozambique Resources Post

The debts of many years that the Zimbabwean producer and distributor of electrical energy (ZESA, the acronym in English) owes to EDM – Electricity of Mozambique continues to increase. In fact, the @Verdade newspaper found that between 2015 and in 2016 it grew by over 50%, yet EDM does not discuss the power cut to the neighboring country.

Mozambique Energy Industry: Cahora Bassa Hydroelectric Dam, in Mozambique, pays off loan ahead of schedule

Posted on May 28, 2014 by Mozambique Resources Post

A US$700 million loan taken on by the Cahora Bass Hydroelectric Dam (HCB) to pay Portugal is being paid off ahead of schedule and is expected to be entirely amortized a year early, said the company’s chairman, Paulo Muxanga.