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‘Africa’s Mega Projects Surge By 46% To $326b in 2014’

AFRICANGLOBE - “Africa is en route to a brighter future and overall we see the opportunities surpassing the challenges facing our continent.” Investment in Africa’s mega projects surged by 46 per cent to $326 billion last year, led by heavy investment in transport, energy and power.

Mega-Projects Hire Hundreds of Mozambican Companies

AFRICANGLOBE - There are now 471 small and medium Mozambican companies who have contracts to supply goods and services to the country’s mega-projects (such as the Mozal aluminium smelter, the natural gas treatment plant run by the South African petro-chemical giant Sasol, and the open cast coal mines operated by Vale of Brazil and the Anglo-Australian company, Rio Tinto).