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New dams add 3,600 megawatts of power production in Mozambique Posted MAR 27 2015 Construction of five new hydroelectric dams in Mozambique and the expansion of the Cahora Bassa facility will increase the potential of the country’s energy production by around 3,600 megawatts, involving investments of over US$7 billion. Power consumption in Mozambique is increasing …
by Cesar Sainz de Vicuna Société Générale buys stake in Bank of Mozambique Posted MAR 27 2015 French bank Société Générale has acquired a stake in The Mauritius Commercial Bank Mozambique, as part of its strategy for growth in Africa, the bank said in a statement issued Thursday in Paris. The acquisition, whose financial details were not disclosed, will be …
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