Mozambique and the International Energy Agency (IEA) are joining forces to attract more investment to the country’s energy sector, with a view to taking advantage of its vast energy potential. The announcement was made by the Executive Director of the IEA, Fatih Birol, after a meeting with the Mozambican President, Filipe Nyusi, in Rome, the Italian capital.
During the meeting, Birol highlighted Mozambique’s potential in the energy sector, especially in the exploitation of natural gas and hydroelectric power. He stressed that the IEA and Mozambique are working together to develop a strategy to attract investors from all over the world to the country.
In addition, Birol invited President Nyusi to participate in the “Clean Cooking” Summit, which will take place on May 14 in Paris, France. The event will be attended by leaders and investors from around the world and aims to find solutions to issues related to clean and sustainable energy.
The joint initiative between Mozambique and the IEA represents a significant step in the search for investment in the country’s energy sector, which can contribute to its economic and sustainable development.
