Mozambique, Feb. 12 -- Mozambique, in partnership with the African Development Bank, is moving closer to securing financing for the $4.5 billion Mphanda Nkuwa Hydropower Project, a major initiative aimed at strengthening the country's energy infrastructure and regional power exports.This followed a high-level technical workshop held at the African Development Bank's Country Office in Maputo on 5 February 2026, which brought together representatives from the Ministry of Finance, the Ministry of Mineral Resources and Energy, Electricidade de Mozambique (EDM), the Mphanda Nkuwa Implementation Office (GMNK), and the African Development Bank.The session focused on operationalising a Credit Enhancement facility designed to de-risk the project and...