Governor Luís Nunes of Benguela province rallied local entrepreneurs to seize the potential presented by the Corridor and Refinery in Lobito. Speaking at the inauguration of Aliança Empresarial’s new headquarters, Nunes emphasized the critical role of unity among business leaders. With Aliança Empresarial expanding its membership by four, including notable organizations like the Angola Industrial Association (AIA) and the League of Businessmen and Executives of Angola – PRESTIGIO, the province
Category: Southeastern Africa
Coal port development in Mozambique back on track
Thai Moçambique Logistica (TML) is reviving its initiative to construct a coal port in Macuse, Mozambique, near the Zambezi River mouth. Despite the waning interest in Mozambique’s coal industry, TML is committed to proceeding with its long-term investment, having secured US$500 million for the project. Construction is slated to begin in mid-2024 on a 5.3 square kilometer parcel of land designated for the port, as reported by Bulk Materials International.