Expanding and modernising the Southeast African country’s second largest port will be a boon to Mozambique – and the region.
Mozambican government
Port regarded as having finest deep water harbour in Africa, is currently being modernised; principally used for coal exports from Vale and Moatize.
More than 4 million small farmers set to benefit growing rice, sunflowers, sesame, soybeans and cotton on 1.5 hectare plots.
Network in poor state following suspension of foreign aid in wake of US$2 billion loan scandal involving Finance Minister, Manuel Chang.
Two more plants expected to be put out to tender in the near future, as well as a wind power plant as republic embraces renewable energy.
More than a dozen companies vie for access in latest round of tenders for some of world’s largest gas reserves.
African republic is one of the world’s major emerging sources of graphite concentrate, much of which is exported to China.