Solar deal shows power of East Africa for Dubai

  • Date: 29-Jan-2024
  • Source: AGBI
  • Sector:Oil & Gas
  • Country:UAE
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Solar deal shows power of East Africa for Dubai

A Dubai energy company has joined a $150 million solar project in Mozambique, the latest indication of the UAE’s interest in investing in East Africa. Amea Power will work with Mozambique’s Hidropower to develop the 125 megawatt Matambo solar photovoltaic power plant. The joint Mozambique-Dubai project will provide electricity to more than 150,000 homes in […]

Mozambique project worth $150m

Trade growing with region

Targets include Rwanda and Kenya

A Dubai energy company has joined a $150 million solar project in Mozambique, the latest indication of the UAE’s interest in investing in East Africa.

Amea Power will work with Mozambique’s Hidropower to develop the 125 megawatt Matambo solar photovoltaic power plant.

The joint Mozambique-Dubai project will provide electricity to more than 150,000 homes in the East African country and create more than 1,500 jobs during the construction phase.

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Last month Infinity Power, a Masdar joint venture company, signed an agreement to explore up to 1 gigawatt of renewable projects in Mozambique, enough to power 400,000 households.

East Africa is a notable expansion target for Dubai businesses. 

As well as Mozambique, Rwanda and Kenya have been identified