Mozambique Energy Firm Achieves Unprecedented Profit Milestone
Cahora Bassa Hydroelectric Plant Reports Record Profits in 2024
Mozambique's Cahora Bassa Hydroelectric Plant (HCB) has recently made headlines with its impressive achievement of reporting profits totaling 14.1 billion meticais, equivalent to approximately $219 million, for the year 2024. This remarkable financial performance not only highlights the plant's operational efficiency but also sets the stage for significant investments in the country's infrastructure and social programs.
This development was…