16 July 2013 – 17 July 2013
Polana Serena Hotel, Maputo, Mozambique
Africa’s economies have been expanding robustly as new discoveries of iron ore, coal, oil and gas look set to create substantial business opportunities and transform the continent’s economies. The continent not only is a major producer of manganese, diamonds, nickel and uranium, but has also 40% of the world’s gold, 60% of cobalt and 90% of its platinum reserves. However, Africa’s growth results from more than a resource boom, having been supported (amongst other factors) by external trends such as its’ increased access to international capital and ability to forge economic partnerships with foreign investors. Long-term growth prospects are strong, as external trends will bring internal changes in the continent’s economies and societies.
This year’s host country of the Global Mining Conference, Mozambique, lies in the South-East of the continent and has been described as being the sixth-fastest growing economy in Sub-Saharan Africa in 2012. The country’s real GDP growth accelerated slightly to 7.4% in 2012 from 7.3% in 2011, with a fairly balanced contribution to GDP across economic sectors. Coal and natural gas reserves are part of the country’s greatest resources as mining output soared by 41% in 2013. The remote Tete province boasts possibly the last big complex coking mine in the world and local analysts estimate that while gas could bring the country a revenue of US$200bn to US$400bn over 40 years.
Please join us in a 2 day conference with key guests from senior leadership positions in KPMG, to discuss the outlook of Global Mining in Africa and Globally, and how KPMG can take advantage of this opportunity.
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