The project builds a second pier at the Beira Oil Terminal in Sofala Province. It will double the terminal’s capacity from 5 to 10 million tonnes a year. The terminal handles fuel imports for central Mozambique and for landlocked neighbours: Zimbabwe (54% of volumes), Zambia (15%), Malawi and the DRC. Berth occupancy is currently above 86% and vessels currently wait about 15 days to berth. The second pier is needed to reduce these waiting times and costs, secure fuel supply for the region, and support the growth of the Beira corridor.
Project overview
Investment opportunity
The project requires USD 110 million and is at the capital-raising stage. It is seeking private and development finance, with a financing timeline of 6–12 months. Demand is already proven: berth occupancy is above 86% and vessels wait about 15 days. Regional customers in Zimbabwe, Zambia, Malawi and the DRC provide diversified demand. The investment is a brownfield expansion of an operating terminal, so it carries less development risk than a new facility. Investors can participate through private equity, project finance or DFI loans.
Investment types sought
Project status
Development stage
Bankable / investment ready
Current status / progress to date
At capital raising. Financing from private investors and DFIs is being sought, with a financing timeline of 6–12 months.
Expected impact
Jobs created / supported
Not quantified in the pipeline. Jobs would come from marine and civil construction of the pier and from terminal operations once capacity doubles.
Economic & development benefits
- Doubles terminal capacity from 5 to 10 Mt a year
- Reduces vessel waiting times of about 15 days and associated costs
- Secures fuel supply for Zimbabwe, Zambia, Malawi and the DRC
- Contributes to port throughput growth beyond 80 Mt a year by 2029
Climate & resilience benefits
- No direct climate benefit identified
- Reduced vessel waiting time may lower emissions from ships at anchor
Contact
Contact team
For more information about this project, please contact the Commonwealth Investment Platform team.