The Mozambican government believes that it is on track for meeting one of the key targets of the Millennium Development Goals (MDGs), that of halving the percentage of people living on less than a dollar a day.
If all goes according to plan, by the middle of the next decade there could be two oil refineries operating in Mozambique, one at Nacala in the north of the country, and one in the district of Matutuine, in the far south of the country.
The southern refinery is a project of Oilmoz, a company founded by former foreign minister Leonardo Simao. On 27 June Oilmoz signed a Memorandum of Understanding with the world’s largest services company, PriceWaterhouse Coopers (PWC), under which PWC will undertake feasibility studies for the project.
The Mozambican government’s Water Supply Investment and Assets Fund (FIPAG) intends to expand the water system in the capital, so that it can supply about 1.5 million people in Maputo, the neighbouring city of Matola and the district of Boane.
The project will cost €95 million (about $140 million). The money is now available and comes from the European Investment Bank, the Dutch government, the European Union and the French Development Agency. The Mozambican government is covering 13 per cent of the costs.