InfraV-Mpatamanga Hydro

pending

 IFC will provide investment in the form of: (i) up to US$ 3.5 million through its InfraVentures facility and, (ii) up to US$ 4.0 million in its capacity as implementing partner of the Global Infrastructure Facility funding for the joint development of between 208-309MW Mpatamanga hydroelectric power project in Malawi on the Shire River.  The joint development between IFC and the government of Malawi is expected to bring the project to bankability and allow the government to go for tender and select the project developer under a Public Private Partnership. The project will contribute to reducing energy shortages and enhancing energy security, the major impediments to Malawi’s economic development. The project offers an opportunity for private sector participation in meeting Malawi’s infrastructure expansion goals that will help to create jobs and accelerate access to clean and affordable electricity.