Criterion Africa Partners completes MozFibra investment

Private equity firm Criterion Africa Partners has invested in Mozambique Fibra Ltd (MozFibra), a wood-chip export facility, a subsidiary of Mozambique Tree Farming (MTF), that operates from the Beira port.

The investment will go towards fortifying existing infrastructure, enhancing operational capacity and optimising efficiency. Thereafter, it will be followed by additional capital injections to construct a wood-chip mill and is planning up to an additional 20,000 hectares in Sofala and Manica provinces. The end result is expected to bolster MTF’s wood production capabilities to meet the rising global demand for timber products.

So far, MozFibra has finished developing a 5 ha Beira Harbour regional timber hub and export facility and is currently exporting pulp logs in bulk from this facility. The first load of 22,000 tonnes was exported on the Sassy Sofia in June 2021. It has also set up pulpwood logistics in Central Mozambique that harvest 600 tonnes per day.

About Mozambique Tree Farming
The company was founded over ten years ago by a group of South Africans who were members of the NCT Forestry Agricultural Co-operative—a farming cooperative that domestically supplies Timber to SAPPI and Mondi and exports to global woodchip customers that produce pulp and paper products.

In Mozambique the founders have created the first integrated sustainable plantation forestry enterprise in the country, which commercially exports plantation grown eucalyptus hardwood to international markets sustainably.