Malaysian company, M-mobile is investing more than US$3 million in setting up the first mobile-phone handset manufacturing plant in the country with a capacity to assemble between 50,000 and 70,000 mobile phones a month.
The target market for the phones will be the growing local and regional markets including the Democratic Republic of Congo, Angola, Kenya, Tanzania and Malawi, South Africa, Zambia, Botswana, Zimbabwe and Mozambique.
Africa is becoming a good market for mobile phone equipment where the technology is proving more pervasive than the aging and sparse landline networks.
The investiment is Wellcome.
That’s big news for both consumers and Mozambique. This is one story worth following.