Bahrain-based group to inaugurate $50m Moz aluminium factory

Describing Mozambique as an “excellent” platform from which to serve key markets in Africa, Bahrain-based industrial group Midal Cables would on Wednesday launch a $50-million, 14 500 m2 aluminum factory located adjacent to the Mozal joint venture aluminium smelter, in Maputo, Mozambique. Midal MD Hamid Al Zayani said the establishment of the factory was driven by the identification of Africa as a priority market for the group’s products, as well as Mozambique’s “attractive” investment conditions.