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September 01, 2008 | Jim Lane | Comments 0

BioEnergy Africa proposes 57 Mgy sugarcane ethanol project for Mozambique; plans share floatation on London’s AIM exchange

In Mozambique, BioEnergy Africa has proposed a 30,000 hectare sugar cane ethanol project at Massingir  with a capacity of 57 Mgy. BioEnergy, fronted by former English crickting star Phil Edmonds, has raised $17 milion in equity and with list its stock on the London AIM exchange. The company said it would pursue additional projects in Southern Africa.

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