Bebe Akinboade

SOUTHERN AFRICA ENERGY AND INFRASTRUCTURE SUMMIT SET TO HOLD IN MAY

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 Gigawatt Mozambique announced this week a $200-million investment into
Mozambique’s power sector, alongside several global stakeholders including
Standard Bank and the World Bank, amongst many others. The investment will
assist in harnessing Mozambique’s natural-gas resources, which will further
benefit many of Mozambique’s neighbours in the southern Africa region. 
This – along with several other projects in the SADC region – will be
presented and discussed at EnergyNet’s upcoming Southern Africa Energy and
Infrastructure Summit , taking place in Maputo, Mozambique 4-6th May 2016.  The summit will celebrate regional
co-operation, and promote energy and infrastructure projects that require both
private- and public-sector support in order to be realised.

EnergyNet’s Regional Director for East and Southern Africa Veronica
Bolton-Smith commented that ‘regional development is the key to unlocking
Africa’s energy investment potential – SAEIS will bring together countries from
the SADC region to discuss live infrastructure and energy projects which
require investment’.
This vibrant region has experienced many positive developments in recent
years, both in energy and infrastructure development. Progress in governance,
institution-building and democratic consolidation are contributing factors to
the positive indicators that long-term investors seek.
The Summit will explore some of southern Africa’s success stories, and how
these can be replicated. Southern Africa has witnessed local private-sector led
initiatives, and wider participation in exciting projects such as South
Africa’s ground breaking REIPPPP programme – an initiative which will be
explored at the SAEIS.
The Summit will also hear from key stakeholders participating in the
Moatize/Nacala railway project, which will run between Malawi and Mozambique:
an infrastructure project set to re-define southern Africa and its investment
potential.
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