Portuguese-Mozambican IT product wholesaler starts operating in Mozambique

7 April 2011

Maputo, Mozambique, 7 April – A Portuguese-Mozambican owned company was opened Wednesday in Mozambique, as a result of an investment of US$6 million by Somcipex and the Minerva group from Mozambique and Portuguese group Distribuição Logística para Informática (DLI), the Mozambican press reported.

The company that results from the partnership, in which each of the partners has a 33.3 percent stake, will supply, on a wholesale basis, information technology equipment in Mozambique, “at international market prices,” according to Paulo Nunes, chairman of the DLI group.

The group’s ambition is to transform Mozambique into a gateway to explore the Southern African market, which has 250 million consumers, and Nunes said that the focus on Mozambique was due to its political, economic and social stability.

DLI has overall turnover of US$250 million per year and in Mozambique hopes to achieve a market share of 25 percent over the next three years. (macauhub)