Mphanda Nkuwa hydro garners DFI support

The 1.5GW Mphanda Nkuwa hydropower project in Mozambique is expected to garner support from the IFC, with the scheme expected to mobilise private investment to the tune of $4.5-5 billion. A total of eight prequals for the scheme were revealed last month. The debt could be as high as 60% of...