Maputo, 25 July (FUNAE) – The Energy Fund, FP (FUNAE), today in Maputo, issued an invitation to private, national and foreign partners to embrace the existing energy opportunities for universal access in 2030.

Speaking on the panel of debates on the subject

"Investment Opportunities in the Energy and Mineral Resources Sector", inserted in the Forum for Business and Arab Investment in Mozambique, the Chairman of the Board of Directors (PCA) of FUNAE, Isália Munguambe Dimene, presented five pillars that may constitute a window of opportunity for the businessman.

It is the development of mini-networks, mini-hydrics, Geographic Incentive, clean kitchen solutions and the Results-based Facility for Access to Financing.

Regarding the first, Isália Dimene said that FUNAE has developed 98 mini-networks of different capacities, implemented in several of the Mozambican territory, which have been stimulating development. At present, the energy access rate is around 54% across the country.

"It is within this development stimulus that there is a need to upgrade these plants, that is, their growth," Dimene said, adding that for this purpose the private sector has a major role to play.

Still in the context of mini-networks, there is great potential to develop autonomous solar systems.

Regarding the development of mini-hydrics, the PCA said that there are great opportunities in the country to develop mini-hydrics. Some initiatives already have the pre-viability study, but there is a need to do the feasibility study in order to ensure its implementation.

In the context of the Geographic Incentive, defined by the government to ensure increased access to liquid fuels at district level, FUNAE has already built 115 pumps and is an opportunity for the private sector to identify what else can be done.

On clean kitchen solutions, the National Cooking Strategy is under way, which will provide guidelines and guidelines on what exists in the country and the structure to be adopted in the clean kitchen component.