Mozambique: Mozambique's Energy Potential Crucial for Attracting New Investments

What the report says

Mozambique’s Finance Minister Carla Louveira said the country’s energy resources are central to its effort to draw new investment, speaking at the “Infra for Africa” high-level meeting in Dar es Salaam alongside the Africa50 General Assembly. According to the report from Agencia de Informacao de Mocambique, she highlighted Mozambique’s potential in natural gas, renewable energy and critical minerals as assets that could support investment and the broader energy transition.

Louveira said the government has shared information about its projects on the platform used by the meeting in order to encourage more capital flows into Mozambique. She linked this to a wider national plan to expand the power grid and move toward universal electricity access by 2030 for the country’s roughly 33 million people. The article says the government is also seeking to diversify its energy mix.

The minister also described a push to use more natural gas domestically and for transport, while promoting electric vehicles as part of energy-security and development goals. She said African states need new financing approaches because fiscal space for infrastructure investment is shrinking. In that context, she presented Africa50 as a useful platform for advancing large projects and building investment partnerships. The broader significance is that Mozambique is trying to position its energy sector as both a development tool and a magnet for outside investment.