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, with a number of projects in the pipeline, including the expansion of the Cahora Bassa hydropower complex. 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 quarterly power report, BMI forecasts that Mozambique’s overall power generation will increase by an annual average of …
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