Mara Delta, which is an apse-listed pan African property owner, said on Monday it will invest a further $110m in Mozambique by acquiring an additional four properties, and the second stage development of its Anadarko building.The company has, since 2014, invested in six commercial properties in Mozambique, valued at $160m."We are confident of the long-term growth prospects in Mozambique. The challenges that the country faces are not unique to emerging economies and we are continuously engaging with the Banco de Moçambique on these matters."Mara Delta has a solid risk strategy in place which includes careful cash flow management around investments, our ability to manage flow of funds through our liquidity facilities in Mauritius and ensuring our anchor tenants are blue chip internationals, securing most of our leases in US dollars," said the company’s head of developments Greg Pearson."We are currently engaging with financiers for a 7-10 year Mozambique debt package to refinance the ...
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