Petroleum Africa
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Monday, April 23, 2018
The UK’s Secretary of State for International Trade, Liam Fox, during a meeting between British and Mozambican delegations said that his country would provide £2 billion worth of private sector investment in Mozambique.
At the meeting, according to a note from the Mozambican Presidency, the two delegations discussed investments in the areas of tourism, agribusiness, education, gas and oil.
The British official explained that the UK has available £20 billion for the private sector in Africa of which £2 billion is for Mozambique.
In addition to this amount, Fox promised to mobilize UK businesses to channel its investments to various sectors of the Mozambican economy, particularly the private sector.
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