Building investment readiness in Mozambique's power sector
2026
Context and Opportunity
Mozambique’s Energy Transition Strategy (ETS) aims to modernise the power sector and expand electricity access through investment in generation and transmission. Delivering this ambition requires Electricidade de Moçambique (EDM), the national utility, to attract donor and private capital into a credible pipeline of investment-ready projects.
To mobilise capital at the scale ETS requires, EDM must overcome structural barriers common to fast-growing utilities. Project data is spread across systems, investor-ready materials are limited, and there are few structured pathways to move projects toward Memorandum of Understanding (MoU) and Final Investment Decision (FID), slowing the conversion of strategic ambition into bankable opportunities.
Growth Gateway supported EDM to bolster investment readiness and position the Transmission Backbone as a flagship opportunity inside the Green Energy Corridor. The Transmission Backbone is a 400kV line that will link Mozambique’s grid from north to south. The intervention developed an investor-ready narrative, brochure and funding strategy for the Transmission Backbone, as well as portfolio of 30+ strategic energy projects across generation, transmission, and distribution for investor engagement.
Key highlights
Job Creation Potential
~5-6K
~1.8K direct and ~4.3K
indirect / induced jobs
Emissions Reduction
~4-6M
Potential tonnes of CO2e reduced annually
PESOE 2026 Target
~420K
New annual household connections
Support Provided
Positioned the transmission backbone as a flagship investment opportunity
Built investor-ready case for the Backbone to mobilise concessional & private capital
- Produced an investor prospectus setting out the Backbone’s strategic rationale, development impact, and financial structure, aligned to ENDE 2025-2044 and the Just Energy Transition
- Equipped EDM leadership with a presentation deck and investor FAQ to lead disciplined investor and DFI discussions
Impact Achieved
400kV
Pambara-Inchope-Matambo Transmission Backbone
Strengthened EDM’s monitoring capacity and ability to raise capital
Equipped EDM with targeted tools and materials to support investment mobilisation
- Developed a Power BI dashboard for monitoring of generation & transmission projects
- Developed investor pitch decks for 30+ priority projects across multiple functions
- Defined a funding strategy for the Backbone (capital-stack, risk-allocation and delivery-model options) benchmarked against similar international transmission projects
30+
Projects monitored in real-time
Identified bottlenecks and actions to accelerate UK-linked projects
Identified constraints and defined structured pathways to progress on priority projects
- Assessed commercial, technical and institutional bottlenecks across five major UK-linked generation and transmission projects
- Produced debottlenecking roadmaps with recommended actions, with early learnings already applied to the Transmission Backbone
~£510M
Potential investment the Transmission Backbone aims to catalyse
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