![[South Africa] DBSA, ENH join forces to grow region’s new gas market](Images/2018/09/development bank of southern africa.jpg)
[South Africa] DBSA, ENH join forces to grow region’s new gas market
The Development Bank of Southern Africa (DBSA) and Mozambique’s national oil and gas company, Empresa Nacional De Hidrocarbonetos (ENH), will host a ministerial dinner to discuss ways of unlocking the economic and social development of the region’s gas sector.
The Minister for Energy and Mineral Resources for Mozambique, His Excellency Ernesto Max and the Vice Minister for Energy and Mineral Resources, His Excellency Augusto de Sousa Fernando are expected to attend. The working dinner will take place in Maputo, on the sidelines of the Mozambique Gas Summit.
"We look forward to close cooperation between the DBSA and ENH to ensure a coordinated and inclusive approach to unlocking the anticipated development impact of the new gas finds," said Omar Mitha, CEO and Chairman, ENH.
"Successful countries have leveraged strategic public sector partnerships to attract significant investment into different sectors," said Davies Pwele, Head of SADC at the DBSA. "When markets believe that regional public entities are working together and cooperating, they are more likely to invest," he added.
The DBSA was instrumental in design, conceptualization and early stage funding of South Africa's renewable energy program which has facilitated about R200 billion of private electricity investment in the country since 2011.
