Home Southern Africa Mozambique Mozambique: Mphanda Nkuwa Expected to Generate 13.98 Billion Dollars in Revenues

Mozambique: Mphanda Nkuwa Expected to Generate 13.98 Billion Dollars in Revenues

Maputo — The Mphanda Nkuwa hydro-electric project, on the Zambezi river, in the central Mozambican province of Tete, is expected to generate 13.98 billion US dollars in revenues.

In a statement, the government’s Information Office (Gabinfo) announced that, during the construction phase, the project is expected to create around 7,000 jobs.

The project implementation timetable envisages completion of the development phase by 2028, the start of construction in 2029 and the commencement of…

Read more on AllAfrica.com

South Africa Today Africa – Southern Africa Mozambique News