{"id":20298,"date":"2022-05-30T16:38:21","date_gmt":"2022-05-30T16:38:21","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/absa-mozambique-and-ifc-win-2022-energy-deal-of-the-year-for-temane-power-plant-african-banker-awards"},"modified":"2022-05-30T16:38:21","modified_gmt":"2022-05-30T16:38:21","slug":"absa-mozambique-and-ifc-win-2022-energy-deal-of-the-year-for-temane-power-plant-african-banker-awards","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/absa-mozambique-and-ifc-win-2022-energy-deal-of-the-year-for-temane-power-plant-african-banker-awards","title":{"rendered":"Absa Mozambique and IFC win 2022 Energy Deal of the Year for Temane Power Plant \u2013 African Banker Awards"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>The African Banker Awards, presented by the magazine with the same name, recognised the Temane Power Plant, in Inhambane province, southern Mozambique, as the 2022 Energy Deal of the Year, the organisation said on Thursday (28).<\/p>\n<p>\u201d Congratulations to Absa Mozambique and the International Finance Corporation (IFC) for winning the Energy Deal of the Year in last night\u2019s African Banker Awards 2022. The Central T\u00e9rmica de Temane is a 450 MW gas-fired power plant, expected to help Mozambique improve access to electricity with lower-cost power,\u201d The African Banker Magazine twitted.<\/p>\n<p>The Bita Water Supply Project, in Vila Flor district, in Luanda, was the Infrastructure Deal of the Year, in a ceremony on the sidelines of the annual meetings of the African Development Bank, taking place this week in Accra, Ghana.<\/p>\n<p>The Temane Thermal Power Plant, whose first stone was laid by the Mozambican President in March, will be the main electricity production plant built in Mozambique since independence.<\/p>\n<p>It is expected to start producing power in two years\u2019 time, with a capacity of 450 megawatt (MW), about a fifth of the Cahora Bassa hydroelectric plant, the country\u2019s largest \u2013 the plant alone will increase Mozambique\u2019s installed power generation capacity by about 16%.<\/p>\n<p>The Bita Water Supply Project consists of construction of a water collection system in the south of Luanda, in the Bita Tanque area, which will add around 250,000 cubic metres of water to the Angolan capital.<\/p>\n<p>The project is estimated to cost over US$1 million and is expected to benefit over a million people, with water being collected from the Kwanza river and construction of a 1,600-millimetre pipeline with a length of six kilometres.<\/p>\n<p>Angola\u2019s finance minister Vera Daves de Sousa, has been awarded the prize of Finance Minister of the Year at the African Banker Awards.<\/p>\n<p>Vera Daves was recognised as Finance Minister of the Year for her work to restore stability and confidence to the markets in Angola.<\/p>\n<p>UN Under-Secretary-General and Executive Secretary of the Economic Commission for Africa, Vera Songwe, was awarded the Africa Banker Icon award \u201cfor her tireless work to provide governments with the fiscal ammunition to deal with the impact of Covid-19\u201d.<\/p>\n<p>\u201cIt was really a moment to demonstrate that Africa is resilient,\u201d Songwe, who was not present at the event, said in a recorded message before the ceremony.<\/p>\n<p>Songwe explained that she was aware of \u201cthe menu of solutions because in 2008 I was on the other side [of the table] when the Special Drawing Rights were handed over to European economies\u201d to deal with the financial crisis.<\/p>\n<p>The president of the African Export-Import Bank (Afreximbank), Benedict Oramah, won the Banker of the Year award for making the institution one of the leading banks in the response to the pandemic by providing liquidity assistance and solutions when Covid-19 vaccines needed to be purchased, as well as for helping to create conditions for businesses to take advantage of the African Continental Free Trade Area when negotiations ended.<\/p>\n<p>Bank of Uganda Deputy Governor Michael Atingi-Ego won the Central Bank Governor of the Year award and the African Bank of the Year award went, for the second consecutive year, to Standard Bank Group, the continent\u2019s largest bank by assets.<\/p>\n<p>Full list of the African Banker Wards 2022 winners:<\/p>\n<p><b>Energy Deal of the Year<\/b><\/p>\n<p>Temane Thermal Power Station | Absa Mozambique and International Finance Corporation<\/p>\n<p><b>Agriculture Deal of the Year<\/b><\/p>\n<p>US $200 Million corporate facility (the \u201cFacility\u201d) to BUA Industries Limited (\u201cBIL\u201d) | Africa Finance Corporation<\/p>\n<p><b>Infrastructure Deal of the Year<\/b><\/p>\n<p>The Luanda Bita Water Supply Project | African Trade Insurance Agency<\/p>\n<p><b>Debt Deal of the Year<\/b><\/p>\n<p>BANK OF INDUSTRY \u20ac750 Million Debut Senior Note Participation Notes due 2022 | Bank of Industry<\/p>\n<p><b>Equity Deal of the Year<\/b><\/p>\n<p>Prosus\u2019 c. US$15 Billion Accelerated Equity Offering in Tencent | Citi<\/p>\n<p><b>Sustainable Bank of the Year<\/b><\/p>\n<p><b>Trade and Development Bank<\/b><\/p>\n<p><b>FinTech of the Year<\/b><\/p>\n<p><b>Interswitch<\/b><\/p>\n<p><b>Award for Financial Inclusion<\/b><\/p>\n<p><b>Tugende Uganda<\/b><\/p>\n<p><b>SME Bank of the Year<\/b><\/p>\n<p><b>Ecobank<\/b><\/p>\n<p><b>DFI of the Year<\/b><\/p>\n<p><b>Trade and Development Bank<\/b><\/p>\n<p><b>African Bank of the Year<\/b><\/p>\n<p><b>The Standard Bank Group<\/b><\/p>\n<p><b>African Banker of the Year<\/b><\/p>\n<p><b>Benedict Oramah<\/b><\/p>\n<p><b>Yaw Kuffour Award for Trade Finance<\/b><\/p>\n<p><b>Coris Bank<\/b><\/p>\n<p><b>Central Bank Governor of the Year<\/b><\/p>\n<p><b>Michael Atingi-Ego<\/b><\/p>\n<p>, Deputy Central Bank Governor, Uganda<\/p>\n<p><b>Minister of Finance of the Year<\/b><\/p>\n<p><b>Hon. Vera Esperan\u00e7a dos Santos Daves de Sousa,<\/b><\/p>\n<p>Angola<\/p>\n<p><b>African Banker Icon<\/b><\/p>\n<p><b>Dr. Vera Songwe<\/b><\/p>\n<p>, Executive Secretary of the United Nations Economic Commission for Africa<\/p>\n<p><b>Lifetime Achievement<\/b><\/p>\n<p><b>Atedo Peterside CON<\/b><\/p>\n<p>, Founder of IBTC Bank<\/p>\n<p><b>Best Regional Bank \u2013 North Africa<\/b><\/p>\n<p><b>National Bank of Egypt<\/b><\/p>\n<p><b>Best Regional Bank \u2013 Southern Africa<\/b><\/p>\n<p><b>Mauritius Commercial Bank<\/b><\/p>\n<p><b>Best Regional Bank \u2013 West Africa<\/b><\/p>\n<p><b>Fidelity Bank, Ghana<\/b><\/p>\n<p><b>Best Regional Bank \u2013 East Africa<\/b><\/p>\n<p><b>Co-Operative Bank of Kenya<\/b><\/p>\n<p><b>Best regional Bank \u2013 Central Africa<\/b><\/p>\n<p><b>Raw Bank, DRC<\/b><\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. The African Banker Awards, presented by the magazine with the same name, recognised the Temane Power Plant, in Inhambane province, southern Mozambique, as the 2022 Energy Deal of the Year, the organisation said on Thursday (28). \u201d Congratulations to Absa Mozambique and the International Finance Corporation (IFC) for winning the Energy Deal [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":20297,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-20298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Absa Mozambique and IFC win 2022 Energy Deal of the Year for Temane Power Plant \u2013 African Banker Awards - Mozambique<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/absa-mozambique-and-ifc-win-2022-energy-deal-of-the-year-for-temane-power-plant-african-banker-awards\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Absa Mozambique and IFC win 2022 Energy Deal of the Year for Temane Power Plant \u2013 African Banker Awards\" \/>\n<meta property=\"og:description\" content=\"Africa-Press &#8211; Mozambique. The African Banker Awards, presented by the magazine with the same name, recognised the Temane Power Plant, in Inhambane province, southern Mozambique, as the 2022 Energy Deal of the Year, the organisation said on Thursday (28). \u201d Congratulations to Absa Mozambique and the International Finance Corporation (IFC) for winning the Energy Deal [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/absa-mozambique-and-ifc-win-2022-energy-deal-of-the-year-for-temane-power-plant-african-banker-awards\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-30T16:38:21+00:00\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/absa-mozambique-and-ifc-win-2022-energy-deal-of-the-year-for-temane-power-plant-african-banker-awards#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/absa-mozambique-and-ifc-win-2022-energy-deal-of-the-year-for-temane-power-plant-african-banker-awards\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Absa Mozambique and IFC win 2022 Energy Deal of the Year for Temane Power Plant \u2013 African Banker Awards\",\"datePublished\":\"2022-05-30T16:38:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/absa-mozambique-and-ifc-win-2022-energy-deal-of-the-year-for-temane-power-plant-african-banker-awards\"},\"wordCount\":804,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/absa-mozambique-and-ifc-win-2022-energy-deal-of-the-year-for-temane-power-plant-african-banker-awards#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-6294f548ceeef.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/absa-mozambique-and-ifc-win-2022-energy-deal-of-the-year-for-temane-power-plant-african-banker-awards#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/absa-mozambique-and-ifc-win-2022-energy-deal-of-the-year-for-temane-power-plant-african-banker-awards\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/absa-mozambique-and-ifc-win-2022-energy-deal-of-the-year-for-temane-power-plant-african-banker-awards\",\"name\":\"Absa Mozambique and IFC win 2022 Energy Deal of the Year for Temane Power Plant \u2013 African Banker Awards - 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