BMI View: As one of the most attractive markets in the Sub-Saharan Africa region, Mozambique has ample natural resources to encourage direct foreign investment. In its power sector, the country is heavily dependent upon hydroelectricity, its Cahora Bassa dam producing a large proportion of power, but plans for the installation of a gas-fired power station should help redefine the electricity mix, if it begins operations as planned in 2014. Mozambique is a net exporter of electricity; however, we forecast that from 2016 until the end of our forecast period in 2022, the country’s export potential will decline. In our revised …
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