Total’s Lenders Weigh Mozambique Gas Restart After Three-Year Halt
Resurgent Violence While Russia’s invasion of Ukraine sent Europe on a scramble for alternative energy supplies that boosted interest in upcoming LNG production, projects in nations across Africa are still susceptible to a range of issues including political instability and construction delays. Mozambique has the added obstacle of an insurgency that’s become subdued by armed […]
HCB Is the Largest Dividend Payer to the State in 2023
Hidroeléctrica de Cahora Bassa (HCB), the entity that operates the Cahora Bassa dam on the Zambezi River in Tete province, central Mozambique, was the company that paid the most dividends to the state in 2023. According to the balance sheet report of the Economic and Social Plan and State Budget (PESOE), HCB paid dividends of […]