Emopesca joined forces with some Chinese investors in Mozambique


The Mozambican national fisheries company Empresa Moçambicana de Pescas (Emopesca), joined forces in October with some Chinese investors to create a new company in Maputo specializing in the same area, ZC Pescas.

The new company’s board of management will be chaired by Stélio Chang, who also runs the Chokwe AgroIndustrial Complex (CAIC), owned primarily by Instituto de Gestao das Participaçoes do Estado (IGEPE).

The other directors of ZC Pescas are Zhongguo Shen, the head of Emopesca’s Chinese partner, Zhejiang Chengxin Pelagic Fishery; and Jiangbo Dou.

The latter is no newcomer to Maputo, where he has good contacts in the worlds of business and politics.

In particular, he is the partner of the Mozambican former prime minister Aires Aly in the firm TT-Investimentos, and with the former minister of Education, Alcido Eduardo Nguenha in the firm Kumburuca Agencia de Viagens e Turismo.

Last but not least: in 2013 he formed a partnership with Valentina da Luz Guebuza, daughter of former president Armando Guebuza, in the firm Fortune Investimentos.

Emopesca owns a 33% stake in Ematum alongside IGEPE and Gestao de Investimentos, Participaçoes e Serviços (GIPS). Ematum is at the centre of a US$2-billion scandal of secret loans contracted by the Mozambican government, which has had a high media profile for several months.

GIPS is an offshoot of SERSSE, the social services of Serviço de Informaçoes e Segurança do Estado (SISE), the Mozambican intelligence services.

Source: Africa Intelligence

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