Mozambique launches Africa’s biggest hydropower project in 50 years
Mozambique is advancing plans for the $6 billion Mphanda Nkuwa hydroelectric project on the Zambezi River, backed by the World Bank and private partners. The facility is expected to generate 1,500 megawatts when it becomes operational in 2031, making it southern Africa’s largest hydropower project in five decades. World Bank President Ajay Banga highlighted the economic impact of electrification during a July visit to Mozambique, noting how access to power has enabled small businesses, health…