Mozambique: Jica signs loan agreement for gas plant

The Japan International Cooperation Agency (Jica) signed a loan agreement on 13 January for a Y17.3bn ($170m) loan for the 100MW Maputo combined cycle gas power plant project. Jica said the project, which will use domestic gas, aims to stabilise and improve power supply in the south, which is on a separate grid from the centre and north. Demand for electricity in the south is expected to grow at an average of 18%/yr over the next five years, making increased generation capacity a priority.