Browsing: Green Energy in Mozambique

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Mozambique’s BNI National Development and Investment Bank have been selected as one of theFurtherAfrica Mozambican banks to participate in a project sponsored by European Union entities aimed at supporting financial institutions in the energy sector, specifically renewable energies.

The project aims to promote local financing of the renewable energy ecosystem and is managed by the GIZ ‘Financial Systems Development’ program on behalf of GET.invest, an initiative supported by the EU, Germany, Sweden, Netherlands, and Austria. The implementation of the project is under Frankfurt base IPC GmbH.

Through technical support, the program aims to promote national private financing for different types of investments in renewable energies, supporting BNI in the development of internal capacities for the structuring of financial products suitable for the sector, transferring practical know-how in the evaluation of applications and in designing appropriate risk mitigation solutions for lending.

Also read: Mozambique: An energy investment hub


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