There is at least one monopoly that protects public interests and remains open to private sector participation: Electricidade de Moçambique (EDM). The utility company leads the country’s revolution for sustainable energy solutions and strategies and has been lauded for its transparent and ethical operations. EDM aims to reduce poverty by providing universal energy access by the year 2030. The company has mobilised more than $1.2 bn in funding since 2015 to develop the country’s energy infrastructure network, and the benchmarks detailed in its 2030 implementation strategy provide a clear roadmap to a more sustainable future. The company’s philosophy of “investing in hope” resonated with the BV judging panel, which congratulates Electricidade de Moçambique on its 2018 award win for Best Sustainable Distribution Strategy (Southern Africa).
