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Mozambique: Cabo Delgado court makes second attempt to sell insolvent cotton firm assets

COM·CLUB OF MOZAMBIQUE·2026-06-03 14:35:11·1 view

The Cabo Delgado Judicial Court, in northern Mozambique, is set to auction dozens of assets belonging to former Plexus this month — once one of Mozambique’s leading cotton-growing companies — in a bid to raise over €7 million. At issue are the insolvency proceedings of Plexus, previously owned by a British group, whose operations were… Source

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