IGEPE, PIC, SacOil to jointly explore investment opportunities in Moz
Mozambique State shares management agency IGEPE has signed an expression of interest with South Africa’s Public Investment Corporation (PIC) and African oil and gas company SacOil to jointly explore investment opportunities in Mozambique.
The parties would be setting up working teams to explore various potential investment opportunities in more detail.
“The signing of this expression of interest is a historical event as this will be the first time that the two counterparts, the IGEPE and PIC, will be collaborating regarding the huge investment potential in Mozambique, South Africa and [Southern Africa],” IGEPE chairperson Dr Apolinário Panguene commented.
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