R540m sweetens Moz project.

Position:Business briefs - Mauromeu Sugar project receives financial backing - Brief Article
 
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A giant Mozambique sugar project is up an running after a consortium of leading South African financial institutions injected R540m into the enterprise. The cash injection will rehabilitate the Mauromeu Sugar project, one of the first initiatives in the Mozambique Zambezi Valley Development Corridor. The funders are the Development Bank of Southern Africa, the Industrial Development Corporation, Standard Corporate and Merchant Bank, Mauritius Commercial Bank and...

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