European Commission announces energy project funding in Mozambique

24 November 2009

Maputo, Mozambique, 24 Nov – The European Commission Monday in Maputo announced a loan of 100 million euros for Africa, Caribbean and Pacific (ACP) countries to carry out projects in the energy sector, as part of the Second Energy facility Programme.

The invitation for proposals was made at a two-day seminar that began Monday in Maputo.

In 205 the European Commission launched the Energy Facility Programme, an initiative aimed at providing assistance to ACP countries in preparing and carrying out energy projects as part of the 10th European Development Fund.

As a result of that project, the European Commission ranked Mozambique as the country that had had greatest success in the first phase, in which it submitted nine projects, seven of which were approved.

Following the First Energy Facility programme, Mozambique put forward project worth 24.5 million euros, which are currently at different stages of execution, said Mozambique’s Energy Minister Salvador Namburete, in the seminar’s opening speech.

In the previous stage, the funding provided by the European Commission funded projects in the areas of rural electricity, new and renewable energies, construction and maintenance of small dams, min hydroelectric facilities, institutional support, technical assistance to the Energy Ministry, the Energy Fund and state electricity company EDM. (macauhub)