African Century Nampula

  • Active: Active
  • Region: Africa
  • Country: Mozambique
  • Sector: Other industrial partnerships
  • Year: 2017
  • Domicile: Mozambique
  • Instrument: Equity
  • Commitment (MNOK) as of 30.09.2018: 4.8
  • Original Commitment (MNOK): 4.8

Nampula is the fastest growing city in Mozambique with about 2 million people. The real estate company African Century Nampula Ltd. (ACN) was formed in December 2015 with the aim to own and develop land in Mozambique for residential, industrial and commercial properties.

Norfund’s investment in ACN will provide access to capital and best practices to secure land areas in a fast growing regional crossroad in the Nacala corridor. This is important to facilitate SME entry and job generation. 

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo

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