Meeting in Abidjan on 5 December 2023, the Board of Directors of the African Development Bank Group approved a grant of $33.25 million to Mozambique to implement the Songo-Matambo electricity transport line project.

The grant is from the Transition Support Facility, a financial instrument of the Bank specifically for states undergoing transition. The project goal is to increase the reliability and security of Mozambique’s electrical supply and to promote regional integration of the electricity network and of the trade in electrical power.

For more information, please see https://www.ecofinagency.com/finance/0512-45113-mozambique-afdb-grants-33million-to-improve-the-electrical-grid-near-borders-with-malawi-zambia-and-zimbabwe