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Mozambique : $5 billion hydro-project accord with EDF

Mozambique has signed an accord with a consortium led by French power giant EDF to build the new $5 billion Mphanda Nkuwa hydropower project, the government said on Wednesday, as it seeks to harness energy from one of Africa’s largest rivers.

The dam and hydropower plant will be built along the Zambezi River in Tete province to the north of Mozambique, and will generate 1,500 megawatts of power in the first phase.

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