The Italian energy company ENI, and its partners in the natural gas project in Area Four of the Rovuma Basin, off the coast of the northern Mozambican province of Cabo Delgado, on Tuesday, at a ceremony in Maputo, formally approved the entry into Area Four of the United states oil and gas giant, ExxonMobil. In…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.
On November 6, 2017, a moratorium on the resettlement in Afungi was signed. Afungi is the area for the construction of the liquefaction plant (LNG) for natural gas and all the necessary infrastructure for it. The Moratorium is used to distinguish individuals and households that are eligible for compensation and resettlement assistance from those who…Details
The event was very well attended with many industry leaders in the Oil & Gas sector present. A special mention needs to be made to the presence and sponsorship of Exxon Mobil at the conference and exposition. It clearly highlights the company’s commitment to Mozambique. Another highlight of the conference was the announcement, by the…Details