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(Bloomberg) Mozambique’s government approved a strategy to reduce the nation’s dependence on fossil fuels that it estimates will cost $80 billion to implement by 2050, a step aimed at winning finance to develop the economy.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupIsrael, Hamas Look to Extend Truce After More Hostages Are Free

United arab emiratesRepublic ofSouth africaUnited kingdomBloomberg businessweekFilipe nyusiMarcelina mataveiaEnergy transition strategyCouncil of ministers on novPresident filipe nyusiFossil fuelsEnergy transitionHydropower capacityFilipe nyusi