ENERGY MINISISTER MATOLA IN RSA; calls energy key to economic growth

Energy Minisister, Ibrahim Matola, has championed the country’s hydropower vision at the Africa Energy Forum in Cape Town.

Addressing a high-level ministerial panel on hydropower development, Matola highlighted Malawi’s ambitious energy transformation agenda to over 6,000 energy professionals and ministers from across Africa.

Emphasizing the significance of the 358.5-megawatt Mpatamanga Hydropower Storage Project, which recently secured $350 million in World Bank financing, Matola stated that the project is a top priority for the government.

He added that the project will supply electricity to over a million new households, create thousands of job opportunities, and generate 1,544 gigawatt-hours of clean energy annually.

Matola then called for stronger regional cooperation in hydropower development, stressing that Africa’s energy challenges require continental solutions.

The Minister also emphasized the need for innovative financing mechanisms, technology transfer, and local capacity building to unlock Africa’s vast hydropower potential.

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