Africa to Remain Top Growth Driver for Portugal's Mota-Engil Amid LNG Project Restart
ByAinvest
Thursday, Aug 28, 2025 6:00 am ET1min read
TTE--
Mota-Engil's CEO expects Africa to be a key driver of the company's growth, particularly in Nigeria, Angola, and Mozambique. The company has secured major projects, including a $1.8 billion railway line in Nigeria and marine facilities for TotalEnergies in Mozambique. The CEO is optimistic about the restart of TotalEnergies' $20 billion Mozambique LNG project, which is expected to resume by September and start production between 2029 and 2030 [2].
The resumption of the LNG project, which involves Mitsui & Co., is crucial for Mozambique's energy sector and global energy security. It could cover up to a fifth of Japan's annual needs, with supplies to Jera, Tokyo Gas, and Taiwan's CPC. Tokyo is supporting the initiative with loans and investments through government agencies. By the 2030s, Mozambican production could exceed 30 million tons per year, making the country the world's fourth-largest exporter after the United States, Australia, and Qatar [2].
Investors and financial professionals should keep a close eye on these developments, as they indicate a promising future for Africa's infrastructure and energy sectors. The growth in these sectors is likely to attract more investments, creating opportunities for companies like Mota-Engil.
References:
[1] https://techafricanews.com/2025/08/27/smbc-invests-in-novastar-ventures-to-fuel-africas-tech-startup-growth/
[2] https://clubofmozambique.com/news/mozambique-president-says-totalenergies-lng-project-expected-to-resume-by-september-290073/
Mota-Engil, Portugal's largest construction company, expects Africa to drive growth in the coming years due to large infrastructure projects in energy-producing countries. The company's order book has reached a record €14.7 billion, with Africa accounting for over one-third of the backlog. Mota-Engil is optimistic about projects in Nigeria, Angola, and Mozambique, including a $1.8 billion railway line in Nigeria and marine facilities for TotalEnergies in Mozambique. The CEO expects the restart of TotalEnergil's $20 billion Mozambique LNG project to lead to new projects in the country.
Africa's infrastructure sector is poised for significant growth in the coming years, driven by large-scale projects in energy-producing countries. Portugal's largest construction company, Mota-Engil, has reported a record order book of €14.7 billion, with Africa accounting for over one-third of the backlog. This growth is attributed to substantial infrastructure projects in countries like Nigeria, Angola, and Mozambique.Mota-Engil's CEO expects Africa to be a key driver of the company's growth, particularly in Nigeria, Angola, and Mozambique. The company has secured major projects, including a $1.8 billion railway line in Nigeria and marine facilities for TotalEnergies in Mozambique. The CEO is optimistic about the restart of TotalEnergies' $20 billion Mozambique LNG project, which is expected to resume by September and start production between 2029 and 2030 [2].
The resumption of the LNG project, which involves Mitsui & Co., is crucial for Mozambique's energy sector and global energy security. It could cover up to a fifth of Japan's annual needs, with supplies to Jera, Tokyo Gas, and Taiwan's CPC. Tokyo is supporting the initiative with loans and investments through government agencies. By the 2030s, Mozambican production could exceed 30 million tons per year, making the country the world's fourth-largest exporter after the United States, Australia, and Qatar [2].
Investors and financial professionals should keep a close eye on these developments, as they indicate a promising future for Africa's infrastructure and energy sectors. The growth in these sectors is likely to attract more investments, creating opportunities for companies like Mota-Engil.
References:
[1] https://techafricanews.com/2025/08/27/smbc-invests-in-novastar-ventures-to-fuel-africas-tech-startup-growth/
[2] https://clubofmozambique.com/news/mozambique-president-says-totalenergies-lng-project-expected-to-resume-by-september-290073/

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