Zim, Mozambique sign energy deal to enhance trade

Staff Reporter

Zimbabwe and Mozambique have taken a bold step in reinforcing their long-standing bilateral relations by signing a Memorandum of Understanding (MoU) aimed at strengthening cooperation in the energy sector.

The agreement, signed yesterday in Harare by Minister of Energy and Power Development, Honourable July Moyo, and Mozambique’s Minister of Mineral Resources and Energy, Mr. Estavao Pale, covers wide-ranging areas including electricity, petroleum trade, renewable energy investment, and joint infrastructure development.

Addressing delegates at the ceremony, Minister Moyo underscored Zimbabwe’s commitment to advancing mutual energy goals with its eastern neighbour.

“Zimbabwe and Mozambique have collaborated in many areas, and it is important that we now deepen this cooperation in electricity and petroleum. This MoU enables joint infrastructure development, including the ongoing upgrade of the Beira–Feruka corridor, which is key to enhancing our fuel supply and transport systems,” he said.

The MoU is expected to streamline power and petroleum trade between the two countries while facilitating increased investment in energy efficiency, natural gas, and renewable energy projects.

Zimbabwe currently imports a significant portion of its electricity from Mozambique, and the agreement opens the door for deeper integration and coordinated utility development across the two borders.

Mozambique’s Minister Pale echoed the same sentiments, highlighting the strategic importance of cross-border cooperation in achieving energy security and economic resilience in the region.

“We look forward to operationalising this agreement, which will help both countries address energy gaps and also unlock opportunities for private sector participation in sustainable energy solutions,” he said.

Statistics show that electricity is one of Zimbabwe’s top imports from Mozambique, with petroleum products also forming a major component of bilateral trade.

The new pact aims to create a seamless framework for expanding energy trade and boosting infrastructure development that supports the energy value chain.

The partnership marks a significant milestone in regional energy cooperation and sets the stage for long-term collaboration in sustainable development, energy access, and industrial growth for both countries.