Keep up with all the news from the African Century Real Estate group and the industries in which we operate.


Exxon Awards Contract for Africa’s Biggest-Ever Private Project

Exxon Mobil Corp. awarded a JGC Corp.-led group a contract to develop its Mozambique liquefied natural-gas project, which is set to be the biggest-ever private investment in Africa.   Japanese company JGC will be joined by Fluor Corp. and TechnipFMC Plc to develop the Rovuma LNG project, Exxon Senior Vice President for LNG Peter Clarke said in a…


Challenges before Mozambican gas flows to Asia

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…


China Energy Engineering group builds thermal power plant in Mozambique

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…