Mozambique, Qatar’s Al Mansour Holdings Ink 20 Billion USD Investment Deal

Addis Ababa, August 27, 2025 (ENA)—The Mozambican government and Qatari investment group Al Mansour Holding signed a strategic agreement worth 20 billion US dollars, to be invested in the country’s development.

The deal extends a rapid Africa push by Al Mansour, which has unveiled agreements in the Democratic Republic of Congo, Zambia and Botswana over the past two weeks.

Earlier Wednesday, the firm—led by Sheikh Mansour bin Jabor bin Jassim Al Thani—said it acquired a 19.9 percent stake in Australia’s Invictus Energy to support a gas venture in Zimbabwe.

“We are not here to compete; we are here to complement. We are not here to take, we are here to build,” Sheikh Mansour said after meeting President Daniel Chapo on Tuesday, adding the group is in Africa for the long haul.

Zambian President Hakainde Hichilema announced on Aug. 18 that Al Mansour had pledged 19 billion USD of investment in Zambia.