Portuguese group Gabriel Couto has been hired by US-based Anadarko Petroleum to build an aerodrome in Afungi, northern Mozambique, the director of the construction group said. Tiago Couto told portuguese newspaper O Minho that the future aerodrome will be built close to the city of Palma, in Cabo Delgado province, and will support the development…Details
“If you wish to move mountains tomorrow, you must start lifting stones today”
African Century Mozambique Real Estate was formed in 2012 in order to invest in and develop properties in sub-Saharan Africa.
It’s main focus is on Mozambique, where there is an opportunity to benefit from the country’s substantial GDP growth, where there is strong demand for office, retail and residential property.
African Century Real Estate is managed by a specialized team based in Mozambique with property development expertise from both Europe and Africa.
We have secured various land holdings and have commenced the construction of several developments providing high quality solutions for residential, office and retail sector.
With an excellent location at the main road in Palma, African Century owns a property with an approved project for the construction of what will become the first “Shopping” of the villa. We offer banks, shops and supermarkets a prestigious place to start their business and connect with their costumers.
Construction of the plant that will process the liquefied natural gas (LNG) to be extracted from northern Mozambique will employ 5000 mozambicans “About five thousand mozambicans are going to work during the construction phase of the liquefied natural gas plant and we expect to spend about US$2.5 billion in construction,” it added in a statement.…Details
Mozambique’s National Hydrocarbon Company (ENH) needs to borrow two billion US dollars in order to finance its participation in the Liquefied Natural Gas (LNG) projects in the Rovuma Basin, off the coast of the northern province of Cabo Delgado. ENH has a 10 per cent holding in Offshore Area Four of the Rovuma Basin and…Details