Mozambique
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ETG receives US$1.4m grant from AfDB to support women-led businesses in Africa
SOUTHERN AFRICA – Export Trading Group (ETG), an agricultural commodities trader, has received US$1.4 million technical assistance grant from the African Development Bank (AfDB), to…
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USA based Lusitania Investment Capital eyes Tongaat Hulett’s operations in Mozambique
MOZAMBIQUE – The American company, Lusitania Investment capital LLC, has showcased interest of acquiring assets of Indebted sugar producer Tongaat Hulett in Mozambique. According to…
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Zebu Investment joins forces with Norfund to acquire Mozambican food distributor Terramar Group
MOZAMBIQUE – Zebu Investment Partners through its sophomore fund, Africa Food Security LP (AFS LP), has partnered with Norweign Investment Fund for developing countries, Norfund,…
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Mozambican miller Merec invests US$8m in new pasta processing line
MOZAMBIQUE – The President of Mozambique, Filipe Nyusi has inaugurated a new US$8m pasta processing line in Beira, capital of the central province of Sofala.…
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Mozambique second in line for AfDB’s Special Agro-Industrial Processing Zone project
MOZAMBIQUE – Following the successful flagging off of Nigeria’s first phase of Special Agro-Industrial Processing Zone (SPAZ), the Board of Directors of the African Development…