AfDB, Mozambique LNG project wins award

The Mozambique Liquefied Natural Gas (LNG) Area 1 Project and financial organisation the African Development Bank (AfDB) have jointly received the Global Multilateral Deal of the Year 2020 award, from print and online publication Project Finance International (PFI). The project, the single largest foreign direct investment in Africa to date, with a value of over $24-billion, will target Mozambique’s offshore natural gas reserves.

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