FMO ready to finance Temane power plant

The Dutch development institution is preparing to provide financing for the Mozambican power plant. As proof of its confidence in the project, it could commit up to €70 million.

16/07/2021 at 16h10, by Africa Business+

If approved, this would be one of the largest FMO contributions to the region for several years. And this amount, which has yet to be validated by the board chaired by Peter van Mierlo, would be a substantial step forward for this emblematic energy project in Mozambique.

Recommended articles

Energy

04/11/2021 at 09h55, by Africa Business+

Mamadou Goumble (JCG) signs for a 250 MW gas-fired power plant in Nacala

The group will conduct a major infrastructure project – in the heart of a volatile region – that it...

Private Equity

21/07/2021 at 19h12, by Africa Business+

FMO bets $10m on impact investor Regmifa

The institution managed by Symbiotics claims $160 million of assets under management.

Renewable energies

20/07/2021 at 17h33, by Africa Business+

EB Solaire’s Giscard Nankeng negotiates purchase contract with Eneo for Garoua power station

The Cameroonian businessman signed an agreement on 13 July with the Investment Promotion Agency (API)...

Energy

28/10/2020 at 16h10, by Africa Business+

Globeleq set to cash large cheque for Temane

The independent power producer chaired by Laurence Mulliez and its partners are expecting to secure...

Energy

05/05/2020 at 17h01, by Africa Business+

Ahmed Elsewedy brings in Christian Wright (formerly of Globeleq) to head Elsewedy Energy IPP

The Egyptian multimillionaire recently entrusted the UK national with the reins of a subsidiary focused...

Electricity

31/10/2019 at 16h57, by Africa Business+

Globeleq appoints a finance and project specialist as its new CEO

Unlike his predecessor who trained as an engineer, the new CEO of the Africa-focused independent power...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com