IBOV 173,371.35 ▼ 0.20% IPSA 10,896.87 ▲ 0.10% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,223,652 — 0.00% COLCAP 2,298.34 — 0.00% BVL PERÚ 55,645.90 — — USD/BRL5.08▼ 0.29% USD/MXN17.39▼ 0.22% USD/CLP930.64▼ 0.41% USD/COP3,243▼ 0.80% USD/PEN3.39▲ 0.11% USD/ARS1,471▼ 0.71% USD/UYU40.19▲ 1.43% USD/PYG6,031▲ 1.52% USD/BOB10.75▲ 2.22% USD/DOP58.25▲ 0.71% USD/CRC447.35▲ 1.43% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.08% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59— 0.00% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 1.05% BRENT 91.08 ▲ 2.08% WTI 84.40 ▲ 1.41% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.73% GOLD 4,063 ▲ 1.30% SILVER 59.19 ▲ 4.20% SOY 1,223 ▼ 0.27% CORN 469.75 ▲ 4.51% WHEAT 669.00 ▼ 0.74% COFFEE 327.70 ▼ 2.00% SUGAR 14.84 ▲ 0.13% ORANGE JUICE 146.15 ▼ 0.85% COTTON 79.51 ▲ 2.77% COCOA 5,619 ▲ 1.79% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.92 ▼ 2.14% PETR4 41.15 ▲ 0.61% VALE3 71.93 ▼ 1.38% ITUB4 42.30 ▲ 0.81% BBDC4 18.41 ▲ 0.66% ABEV3 15.79 ▲ 1.02% BBAS3 20.17 ▼ 1.56% B3SA3 15.26 ▲ 0.39% WEGE3 43.13 ▼ 1.15% PRIO3 57.69 ▼ 0.28% SUZB3 41.89 ▼ 0.10% RENT3 37.49 ▼ 1.94% AZZA3 18.17 ▼ 2.26% CSAN3 3.82 ▼ 0.52% RAIZ4 0.27 ▼ 6.90% PCAR3 2.60 — 0.00% GMAT3 3.85 ▼ 0.77% PSSA3 54.20 ▼ 1.70% CVCB3 1.08 ▼ 11.48% POSI3 3.70 ▼ 2.63% SLCE3 13.57 ▲ 0.30% NATU3 8.63 ▲ 0.94% BRKM5 5.94 ▼ 4.04% RANI3 7.99 ▲ 0.50% CSNA3 5.07 ▲ 0.40% CMIN3 5.39 ▲ 1.13% USIM5 8.16 ▼ 0.85% GGBR4 23.62 ▼ 1.75% ENEV3 25.65 ▼ 0.12% CPFE3 46.32 ▼ 1.17% CMIG4 11.02 ▼ 0.90% EQTL3 39.29 ▼ 0.53% LREN3 13.31 ▼ 0.82% VIVT3 35.67 ▲ 0.42% RAIL3 13.57 ▼ 0.95% KLABIN 17.48 ▼ 0.57% RAIA DROGASIL 18.69 ▲ 0.75% RDOR3 35.45 ▼ 0.92% HAPV3 11.55 ▲ 1.49% FLRY3 16.56 ▼ 0.18% SMTO3 15.41 — 0.00% UGPA3 31.70 ▼ 1.15% VBBR3 34.11 ▼ 2.32% BBSE3 41.05 ▼ 0.17% BPAC11 55.84 ▼ 0.61% CURY3 30.19 ▼ 1.57% AERI3 2.07 ▲ 2.48% VIVARA 21.96 ▼ 2.14% COMPASS 24.84 ▲ 0.98% VAMOS 3.09 ▼ 2.52% SANB11 27.01 ▲ 1.35% ASAI3 8.14 ▼ 4.24% SBSP3 28.98 ▼ 0.82% WALMEX 49.38 ▼ 0.22% GMEXICO 201.45 ▲ 0.42% FEMSA 226.85 ▲ 0.49% CEMEX 21.81 ▼ 4.05% GFNORTE 180.00 ▼ 0.74% BIMBO 59.31 ▲ 2.26% TELEVISA 9.71 ▲ 1.46% AMX 22.74 ▼ 1.13% GAP 378.19 ▼ 2.02% ASUR 274.37 ▼ 1.91% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,400 ▼ 3.13% COPEC 6,345 ▲ 1.53% BSANTANDER 78.90 ▲ 2.47% FALABELLA 5,850 ▲ 0.26% ENELAM 84.67 ▲ 0.75% CENCOSUD 2,005 ▲ 0.50% CMPC 1,088 ▲ 1.68% BANCO CHILE 189.95 ▲ 0.77% LATAM AIR 24.36 ▼ 1.62% YPF 79,200 ▲ 1.67% GGAL 7,845 ▼ 0.19% PAMPA 5,270 ▲ 1.93% TXAR 675.00 ▲ 1.66% ALUAR 959.50 ▲ 1.05% TGS 9,500 ▲ 1.39% CEPU 2,289 ▲ 1.10% MIRGOR 17,125 ▲ 1.48% COME 42.95 ▼ 2.03% LOMA NEGRA 3,558 ▲ 0.99% BYMA 294.50 ▼ 1.09% TELECOM ARG 4,145 ▼ 0.12% ECOPETROL 16.04 ▼ 0.34% BANCOLOMBIA 80.82 ▲ 0.51% GRUPO AVAL 4.95 ▲ 0.61% CREDICORP 386.85 ▼ 0.96% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.06 ▼ 0.60% MERCADOLIBRE 1,832 ▲ 1.02% NUBANK 13.99 ▲ 2.94% XP 16.80 ▲ 0.78% PAGSEGURO 9.29 ▲ 2.77% STONE 11.12 ▼ 0.27% GLOBANT 32.29 ▲ 0.19% TECNOGLASS 46.11 ▼ 0.80% GAP AIRPORT 217.12 ▼ 1.72% ASUR 274.37 ▼ 1.91% OMA AIRPORT 104.01 ▼ 1.23% AMX ADR 26.10 ▼ 0.65% FEMSA ADR 130.01 ▲ 0.77% CEMEX ADR 12.49 ▼ 3.70% PETROBRAS ADR 18.19 ▲ 1.22% VALE ADR 14.10 ▼ 0.63% ITAU ADR 8.32 ▲ 1.46% SANTANDER BR 5.38 ▲ 2.67% AMBEV ADR 3.08 ▲ 1.65% CSN 1.01 ▲ 2.02% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.74 ▼ 1.56% BTC 66,579 ▲ 2.07% ETH 1,941 ▲ 1.95% SOL 78.48 ▲ 0.88% XRP 1.14 ▲ 2.87% BNB 576.99 ▲ 1.10% ADA 0.18 ▲ 3.31% DOGE 0.07 ▲ 1.82% AVAX 6.65 ▲ 1.12% LINK 8.73 ▲ 1.65% DOT 0.86 ▲ 3.98% LTC 47.68 ▲ 0.72% BCH 225.39 ▲ 2.49% TRX 0.33 ▲ 0.48% XLM 0.20 ▲ 3.86% HBAR 0.07 ▲ 2.60% NEAR 1.99 ▲ 0.68% ATOM 1.50 ▲ 0.40% AAVE 94.41 ▲ 5.16% SELIC 14.25% EMBRAER 83.29 ▲ 1.88% EMBRAER ADR 65.93 ▲ 2.87% JBS 12.03 ▲ 1.01% JBS BDR 60.79 ▲ 0.98% MBRF3 14.52 ▼ 3.39% MBRFY 2.91 — 0.00% INTER 5.62 ▲ 4.66% EGX 53,990 ▲ 1.63% USD/ZAR16.45▼ 0.46% USD/NGN 1,376 — 0.00% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY162.75▲ 0.16% USD/CNY6.75▼ 0.19% DAX 24,852 ▲ 0.02% CAC 8,330 ▼ 0.12% FTSE 10,533 ▲ 0.07% MIB 52,089 ▲ 0.44% IBEX 19,304 ▲ 0.51% STOXX 639.66 ▲ 0.01% EUR/USD1.14▲ 0.04% GBP/USD1.34▼ 0.38% SPX 7,443 ▼ 0.19% DJI 51,839 ▼ 0.59% NDX 28,604 ▲ 0.04% RUT 2,942 ▼ 0.67% TSX 34,960 ▼ 0.86% VIX 17.92 ▼ 3.91% USD/CAD1.41▲ 0.06% US10Y 4.6080 ▲ 0.22% IBOV 173,371.35 ▼ 0.20% IPSA 10,896.87 ▲ 0.10% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,223,652 — 0.00% COLCAP 2,298.34 — 0.00% BVL PERÚ 55,645.90 — — USD/BRL 5.08 ▼ 0.29% USD/MXN 17.39 ▼ 0.22% USD/CLP 930.64 ▼ 0.41% USD/COP 3,243 ▼ 0.80% USD/PEN 3.39 ▲ 0.11% USD/ARS 1,471 ▼ 0.71% USD/UYU 40.19 ▲ 1.43% USD/PYG 6,031 ▲ 1.52% USD/BOB 10.75 ▲ 2.22% USD/DOP 58.25 ▲ 0.71% USD/CRC 447.35 ▲ 1.43% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.60% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.79 ▼ 1.05% BRENT 91.08 ▲ 2.08% WTI 84.40 ▲ 1.41% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.73% GOLD 4,063 ▲ 1.30% SILVER 59.19 ▲ 4.20% SOY 1,223 ▼ 0.27% CORN 469.75 ▲ 4.51% WHEAT 669.00 ▼ 0.74% COFFEE 327.70 ▼ 2.00% SUGAR 14.84 ▲ 0.13% ORANGE JUICE 146.15 ▼ 0.85% COTTON 79.51 ▲ 2.77% COCOA 5,619 ▲ 1.79% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.92 ▼ 2.14% PETR4 41.15 ▲ 0.61% VALE3 71.93 ▼ 1.38% ITUB4 42.30 ▲ 0.81% BBDC4 18.41 ▲ 0.66% ABEV3 15.79 ▲ 1.02% BBAS3 20.17 ▼ 1.56% B3SA3 15.26 ▲ 0.39% WEGE3 43.13 ▼ 1.15% PRIO3 57.69 ▼ 0.28% SUZB3 41.89 ▼ 0.10% RENT3 37.49 ▼ 1.94% AZZA3 18.17 ▼ 2.26% CSAN3 3.82 ▼ 0.52% RAIZ4 0.27 ▼ 6.90% PCAR3 2.60 — 0.00% GMAT3 3.85 ▼ 0.77% PSSA3 54.20 ▼ 1.70% CVCB3 1.08 ▼ 11.48% POSI3 3.70 ▼ 2.63% SLCE3 13.57 ▲ 0.30% NATU3 8.63 ▲ 0.94% BRKM5 5.94 ▼ 4.04% RANI3 7.99 ▲ 0.50% CSNA3 5.07 ▲ 0.40% CMIN3 5.39 ▲ 1.13% USIM5 8.16 ▼ 0.85% GGBR4 23.62 ▼ 1.75% ENEV3 25.65 ▼ 0.12% CPFE3 46.32 ▼ 1.17% CMIG4 11.02 ▼ 0.90% EQTL3 39.29 ▼ 0.53% LREN3 13.31 ▼ 0.82% VIVT3 35.67 ▲ 0.42% RAIL3 13.57 ▼ 0.95% KLABIN 17.48 ▼ 0.57% RAIA DROGASIL 18.69 ▲ 0.75% RDOR3 35.45 ▼ 0.92% HAPV3 11.55 ▲ 1.49% FLRY3 16.56 ▼ 0.18% SMTO3 15.41 — 0.00% UGPA3 31.70 ▼ 1.15% VBBR3 34.11 ▼ 2.32% BBSE3 41.05 ▼ 0.17% BPAC11 55.84 ▼ 0.61% CURY3 30.19 ▼ 1.57% AERI3 2.07 ▲ 2.48% VIVARA 21.96 ▼ 2.14% COMPASS 24.84 ▲ 0.98% VAMOS 3.09 ▼ 2.52% SANB11 27.01 ▲ 1.35% ASAI3 8.14 ▼ 4.24% SBSP3 28.98 ▼ 0.82% WALMEX 49.38 ▼ 0.22% GMEXICO 201.45 ▲ 0.42% FEMSA 226.85 ▲ 0.49% CEMEX 21.81 ▼ 4.05% GFNORTE 180.00 ▼ 0.74% BIMBO 59.31 ▲ 2.26% TELEVISA 9.71 ▲ 1.46% AMX 22.74 ▼ 1.13% GAP 378.19 ▼ 2.02% ASUR 274.37 ▼ 1.91% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,400 ▼ 3.13% COPEC 6,345 ▲ 1.53% BSANTANDER 78.90 ▲ 2.47% FALABELLA 5,850 ▲ 0.26% ENELAM 84.67 ▲ 0.75% CENCOSUD 2,005 ▲ 0.50% CMPC 1,088 ▲ 1.68% BANCO CHILE 189.95 ▲ 0.77% LATAM AIR 24.36 ▼ 1.62% YPF 79,200 ▲ 1.67% GGAL 7,845 ▼ 0.19% PAMPA 5,270 ▲ 1.93% TXAR 675.00 ▲ 1.66% ALUAR 959.50 ▲ 1.05% TGS 9,500 ▲ 1.39% CEPU 2,289 ▲ 1.10% MIRGOR 17,125 ▲ 1.48% COME 42.95 ▼ 2.03% LOMA NEGRA 3,558 ▲ 0.99% BYMA 294.50 ▼ 1.09% TELECOM ARG 4,145 ▼ 0.12% ECOPETROL 16.04 ▼ 0.34% BANCOLOMBIA 80.82 ▲ 0.51% GRUPO AVAL 4.95 ▲ 0.61% CREDICORP 386.85 ▼ 0.96% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.06 ▼ 0.60% MERCADOLIBRE 1,832 ▲ 1.02% NUBANK 13.99 ▲ 2.94% XP 16.80 ▲ 0.78% PAGSEGURO 9.29 ▲ 2.77% STONE 11.12 ▼ 0.27% GLOBANT 32.29 ▲ 0.19% TECNOGLASS 46.11 ▼ 0.80% GAP AIRPORT 217.12 ▼ 1.72% ASUR 274.37 ▼ 1.91% OMA AIRPORT 104.01 ▼ 1.23% AMX ADR 26.10 ▼ 0.65% FEMSA ADR 130.01 ▲ 0.77% CEMEX ADR 12.49 ▼ 3.70% PETROBRAS ADR 18.19 ▲ 1.22% VALE ADR 14.10 ▼ 0.63% ITAU ADR 8.32 ▲ 1.46% SANTANDER BR 5.38 ▲ 2.67% AMBEV ADR 3.08 ▲ 1.65% CSN 1.01 ▲ 2.02% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.74 ▼ 1.56% BTC 66,579 ▲ 2.07% ETH 1,941 ▲ 1.95% SOL 78.48 ▲ 0.88% XRP 1.14 ▲ 2.87% BNB 576.99 ▲ 1.10% ADA 0.18 ▲ 3.31% DOGE 0.07 ▲ 1.82% AVAX 6.65 ▲ 1.12% LINK 8.73 ▲ 1.65% DOT 0.86 ▲ 3.98% LTC 47.68 ▲ 0.72% BCH 225.39 ▲ 2.49% TRX 0.33 ▲ 0.48% XLM 0.20 ▲ 3.86% HBAR 0.07 ▲ 2.60% NEAR 1.99 ▲ 0.68% ATOM 1.50 ▲ 0.40% AAVE 94.41 ▲ 5.16% SELIC 14.25% EMBRAER 83.29 ▲ 1.88% EMBRAER ADR 65.93 ▲ 2.87% JBS 12.03 ▲ 1.01% JBS BDR 60.79 ▲ 0.98% MBRF3 14.52 ▼ 3.39% MBRFY 2.91 — 0.00% INTER 5.62 ▲ 4.66% EGX 53,990 ▲ 1.63% USD/ZAR 16.44 ▼ 0.31% USD/NGN 1,376 — 0.00% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY 162.73 ▲ 0.17% USD/CNY 6.7540 ▼ 0.05% DAX 24,852 ▲ 0.02% CAC 8,330 ▼ 0.12% FTSE 10,533 ▲ 0.07% MIB 52,089 ▲ 0.44% IBEX 19,304 ▲ 0.51% STOXX 639.66 ▲ 0.01% EUR/USD 1.1421 ▲ 0.06% GBP/USD 1.3390 ▼ 0.27% SPX 7,443 ▼ 0.19% DJI 51,839 ▼ 0.59% NDX 28,604 ▲ 0.04% RUT 2,942 ▼ 0.67% TSX 34,960 ▼ 0.86% VIX 17.92 ▼ 3.91% USD/CAD 1.4075 ▼ 0.02% US10Y 4.6080 ▲ 0.22%
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Lusophone World Central Africa

Mozambique Eyes Central Role in Southern African Power Network

By · April 5, 2024 · 2 min read

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To boost regional power stability, Mozambique’s Electricidade de Moçambique (EDM) plans to increase its electricity supply to Zambia.

The decision was made official through an updated agreement, boosting the energy supply from 50 to 90 MegaWatts (MW).

This increase aims to tackle Zambia’s urgent electricity crisis, which a severe drought affecting its hydroelectric dams has caused.

In Lusaka, the updated contract was signed, promising more energy during crucial off-peak times.

It also highlights both countries’ commitment to strengthening economic ties and building trust in their trade relationships.

EDM’s Chairman, Marcelino Gildo Alberto, outlined the move’s goals: quickly reducing Zambia’s energy shortfall and setting the stage for future energy collaborations.

Mozambique Eyes Central Role in Southern African Power Network. (Photo Internet reproduction)
Mozambique Eyes Central Role in Southern African Power Network. (Photo Internet reproduction)
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A pivotal element of this enhanced cooperation is the planned construction of a 400kV Interconnection Line directly linking Mozambique and Zambia.

This infrastructure project is celebrated as a critical effort within the Southern African Power Pool (SAPP), designed to facilitate cross-border electricity trade efficiently.

It aims to enhance regional energy security and promote economic integration by allowing for significant electricity volumes to be exchanged between nations.

By 2030, the new interconnection aims to swiftly transfer up to 2,000MW of electricity to Zambia.

This effort will address the rising demand, especially from the rapidly growing mining industry.

This development marks a significant step towards mitigating energy scarcities in Zambia while paving the way for a more interconnected and resilient southern African power network.

Background

Aiming for a robust grid by 2030, Mozambique plans to supply 28 to 32 TWh of energy, with 15–25% from renewables.

Post-2030, the ambition grows to support 55 to 65 TWh, increasing to 65 to 75 TWh by 2040 to 2050, aiming for half from renewable sources.

President Filipe Nyusi, at the Climate Summit, highlighted Mozambique’s climate innovation leadership and its appeal for sustainable investment.

In addition, the Ministry of Mineral Resources and Energy unveiled an $80 billion investment in the Energy Transition Strategy ETS, targeting a 2050 completion.

From 2024 to 2030, adding 3.5 GW of hydropower is planned through upgrades and the Mphanda Nkuwa project completion.

This strategic push is not just about lighting up homes. It drives economic growth, champions environmental sustainability, and cement Mozambique’s global energy sector’s stature.

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