TOTAL and Government of Mozambique to Fund Largest Gas Project in Africa

Biggest gas project ever financed in Africa between the Total French group and the government of Mozambique; with 14.9 billion USD in direct loans to finance vast undersea reserves. Twenty banks and credit agencies, including the African Development Bank, are involved in this project.

This has enabled preparation for the post-Covid era with the opening to African youth of a portal that allows the recruitment of hundreds of young Africans in the oil and gas sector. This opens employment doors to hundreds of young people from across the continent.. At least 30 different skills in oil and gas could minimize the impact of the coronavirus according to the initiators.

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