A delegation from the Libya Africa Investment Portfolio, headed by Mustafa Abu Nas, visited the sites containing rice factory machines in Maputo, the capital of Mozambique, to inspect them and determine their condition.
These machines were distributed in several locations 250 kilometers away from the capital, where some were found inside shipping containers, while others were stored in various warehouses.
This visit came as part of the governorate’s efforts to restore its Masdar rice project, which includes lands extending over an area of 20,000 hectares.
The delegation includes Bashir Moussa, Chairman of the Board of Directors of Lab Overseas, a subsidiary of the portfolio, and Salem Kazouz, Director of the Contributions and Evaluation Department of the portfolio.
Earlier, a high-level delegation from the Libya Africa Investment Portfolio, headed by Mustafa Abu Nas, Chairman of the Board of Directors, arrived in the Mozambican capital, Maputo, on a visit aimed at restoring the portfolio’s sourced rice project.
The delegation was received upon its arrival by the Libyan Ambassador to Mozambique, Saleh Al-Buaishi, and a number of embassy employees, in addition to Jill Birch, Director of the Investment and Export Promotion Agency of the Mozambican government.
This visit comes as a culmination of the efforts made by His Excellency the Ambassador, in cooperation with the Libya Africa Investment Portfolio, to recover the project that was confiscated by the Mozambican government in late 2020.
It is noteworthy that the Libya Africa Investment Portfolio, which was established in 2006, works in the field of international investment, and seeks to build a diversified and balanced portfolio of companies operating in various sectors and regions, with the aim of achieving long-term and sustainable returns.
Last updated: January 13, 2025 – 23:27
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