Msumbiji Group adds a new string to its bow. Operating in logistics, transport and energy, the Msumbiji Group, chaired by Mussumbuluko Guebuza – the son of former president Armando Guebuza – has now entered into the construction sector.
It recently created Msumbiji Red Construções in Maputo with its usual partners: Chinese nationals Dong Hongwei and Chai Xin, whose company Red Investment Company is the lead shareholder in the new entity.
Msumbiji Group joined forces at the start of the year with another company owned by Dong Hongwei and Chai Xin, MD Energia, forming Consorcio Msc Consortium 1 in order to bid for a call for tenders issued by the national electricity utility Electricidade de Moçambique (EdM).
Source: Africa Intelligence
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