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4
Nov

Norwegian Business Delegation visits Mozambique

The Norwegian Minister of Foreign Affairs, Mr. Børge Brende, visited Mozambique on October 30th-31st accompanied on his two-day visit by 30 Norwegian business people representing the sectors of energy, finance and agriculture.

The business delegation also took part in a forum dedicated to the theme of ‘Partners for Employment: how the public and private sectors can contribute to job creation’ with Mozambican companies from the private sector.

Norway will provide 49 million NOK (about six million US dollars) as its contribution to the rehabilitation and expansion of the Maputo thermal power station.

This historic visit included formal meetings with the Mozambican President and several ministers, a business seminar where Mr. Brende held the opening address, the signing of a strategic partnership between Brynildgruppen and the Embassy, the signing of an agreement between CTA and NABA, the signing of agreements relating to a new Solar Energy plant with Norwegian participation and a meeting with “Mama” Graça Machel and civil society representatives.

Scatec Solar and the Norwegian Development Fund (Norfund) signed in Maputo a contract guaranteeing the sale of solar power to the publicly owned Mozambican electricity company, EDM, for a 25-year period.

The project will be the first large-scale solar energy production plant in Mozambique, and will be located in the city of Mocuba in the central province of Zambézia. With an installed capacity of 40 megawatts it is expected to supply 77,000 megawatt-hours per year to about 175,000 homes.

A shareholders agreement was also signed between KLP Norfund Investments AS (22.5 percent), Scatec Solar (52.5 percent) and Electricidade de Moçambique (25 percent), involving an estimated cost of USD 84 million.

Brynild Gruppen took part in the Norwegian delegation trip to Maputo earlier this week headed by the Norwegian Minister of Foreign Affairs, Mr. Børge Brende and signed a strategic partnership agreement with the Norwegian Embassy in Mozambique in order to develop the cashew nut sector in Mozambique in cooperation with the local government.

The Confederation of Mozambican Business Associations (CTA), and its Norwegian counterpart, the Norwegian African Business Association (NABA) signed a memorandum of understanding establishing a basis for business cooperation.

Under the agreement, signed by CTA chairperson Rogerio Manuel and the deputy managing director of NABA, Daniella Woldemichael, the two organisations will regularly exchange experiences in various sectors of business interest.