THE MIDDLE OF IT ALL
With developing regional railway and road networks linking Mozambique's four gateway ports with the interior, Tete & the Baobab Steel Project is strategically positioned at the centre of southern Africa's economic & industrial development.
Baobab Resources has played a central role in exploring and developing Mozambique's mineral resources for the past decade. Working with its joint venture partner, the IFC, Baobab has discovered an exceptional 759Mt iron ore resource, located 50km north of the provincial capital of Tete. With strategic access to captive iron ore, low cost coal and abundant water resources, Baobab is completing a bankable feasibility study to demonstrate the commercial viability of a 500ktpa mining and steel making operation.
Domestic steel production is essential for a developing nation to be able to rapidly 'tool-up.' The Baobab Steel Project represents a unique opportunity to become the sole supplier to Mozambique's, and the region's, import-dependent steel market. The Tete province is fast emerging as an industrial and logistics hub, centrally located to support the major growth centres of the Copperbelt, Coal belt and Gas belt. Positioned IN THE MIDDLE OF IT ALL, the Baobab Steel Project will cornerstone Mozambique's steel industry for the next 100 years, delivering robust investor returns and unprecedented socioeconomic benefits.
Steel mills anchor large-scale industrial complexes, attracting a multitude of secondary and tertiary enterprises. For this reason, Baobab has applied for an Industrial Free Zone ('IFZ') status for the project and is working with the government to develop an IFZ masterplan that will attract both local and international industrial players.
Baobab Steel is a game changing project for Mozambique, transforming the nation's manufacturing capacity and mitigating dependence on imports. It is strategically aligned with the 2015 presidential manifesto and 5-year plan, which focus on industrialisation and long term job creation. By achieving full integration from resource to finished product, Baobab is ensuring that the entire value-chain remains where it belongs, in Mozambique.

TABLE OF CONTENTS
Review: Economy
Much to Gain
Despite numerous years of considerable economic growth, Mozambique has been unable to retain its wealth and bring more than half of its population out of poverty. Developing one of the world's largest gas reserves and becoming a regional exporter of energy may be the solution.
read articleFocus: Aluminum
Foil Plans
Mozambique is the second-largest producer of aluminum in Africa and the 14th in the world. Since 2000, it has been producing aluminum for export, and in 2015 Midal Cables opened a factory near Mozal; the country's largest aluminum smelter. This could be the start of a Mozambican aluminum value chain.
read articleInterview
Ben James, Managing Director, Baobab Resources
TBY talks to Ben James, Baobab's Managing Director, resident in Mozambique. A geologist by training, Ben has been directly involved with the development of the Company's Tete Project from a greenfields iron ore discovery to an asset on the verge of corner-stoning Mozambique's nascent steel industry.
read articleFocus: Aluminum
Aluminum Legacy
Mozambique is the second-largest producer of aluminum in Africa and the 14th in the world. Since 2000, it has been producing aluminum for export, and in 2015 Midal Cables opened a factory near Mozal; the country's largest aluminum smelter. This could be the start of a Mozambican aluminum value chain.
read articleInterview
Hon. Jorge Olívio Penicela Nhambiu, Minister, Science and Technology, Higher and Technical Vocational Education (MCTESTP)
TBY talks to Hon. Jorge Olívio Penicela Nhambiu, Minister of Science and Technology, Higher and Technical Vocational Education (MCTESTP), on bringing science and technology to rural areas and increasing research in the country.
read articleFocus: E-government + E-bau
Digital Decisions
Between 2015 and 2016, Mozambique fell five positions in the World Bank's Ease of Doing Business Index. The government is investing in the GovNET and e-BAU platforms to facilitate procedures and cut the costs of acquiring business licenses and improving services provided to the public.
read articleReview: Health
Time for a check-up
Mozambique's healthcare budget rose to $561.5 million in 2015, an increase of 1.1% on expenditure in 2014, accounting for 10.2% of the state budget. Total healthcare expenditure in 2014 was $477.5 million. The Ministry for Health oversees the sector and is responsible for setting the budget each year.
read articleInterview
Dr. João M. Carvalho Fumane, Director General , Hospital Central de Maputo (HCM)
TBY talks to Dr. João M. Carvalho Fumane, Director General of Hospital Central de Maputo (HCM), about the range of services on offer and what is being done to further excellence in the health sector
read articleInterview
Hon. Jorge Ferrão, Minister, Education and Human Development
<span style="line-height: 1.6em; background-color: initial;">TBY talks to Hon. Jorge Ferrão, Minister of Education and Human Development, on the goals of the ministry, the role of local languages, and tackling teacher absenteeism.</span>
read articleInterview
Prof. Doctor João Leopoldo da Costa, Rector, Instituto Superior de Ciências e Tecnologia de Moçambique (ISCTEM)
TBY talks to Prof. Doctor João Leopoldo da Costa, Rector of Instituto Superior de Ciências e Tecnologia de Moçambique (ISCTEM), on the perils of the internet on education and the quality of its high school.
read articleReview: Tourism
Mozambeach
With white-sand beaches, scuba diving, and game reserves among its wide range of accommodation, Mozambique is a goldmine for tourism. However, to attract the number of tourists the country is aiming for, and entitled to, it will have to compete with its considerably more popular neighbors.
read articleReview: Legal
Smart Choices
Foreign investments are sources of capital, foreign exchange, and technical know-how for developing countries such as Mozambique. Over the past three decades, Mozambique has been successfully striving to ensure a favorable legal framework for foreign private investment.
read article