The Italian energy company ENI and the US oil and gas giant Exxon Mobil plan to open four exploratory wells next year, off the Zambezi delta and near the town of Angoche, in the northern province of Nampula, according to Carlos Zacarias, chairperson of the National Petroleum Institute (INP), cited by the independent television station…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.
After many delays, 2019 has become the year when, finally, both liquified natural gas (LNG) projects in Cabo Delgado, in northern Mozambique, are underway. But a few challenges still remain before they become a reality and, in 5–6 years, Mozambique becomes Africa’s biggest LNG producer, exporting energy to China and other Asian countries. Mozambican President…Details
Somagec Mozambique, a subsidiary of the China Energy Engineering Corporation group, will build a coal-fired power station in Nacala-a-Velha district, Nampula province, Mozambican newspaper O País reported. The schedule of this project, seen by the newspaper, states that the construction works should be completed by 2022, with an estimated cost of 21.7 billion meticais (US$355…Details