Flood and drought risk
MOZAMBIQUE: IFC Supports Mphanda Nkuwa Hydroelectric Project
The International Finance Corporation (IFC), a subsidiary of the World Bank Group, has signed an agreement with the government of Mozambique for the development of the Mphanda Nkuwa mega hydroelectric project. The project, which will require an investment of US$4.5 billion, is contested because of its impact on local populations.
