Agility, a logistics company, plans to double the size of its warehouse facilities in Maputo, Mozambique, driven by economic growth and increased clie
Agility, a logistics company, plans to double the size of its warehouse facilities in Maputo, Mozambique, driven by economic growth and increased client demand, according to CEO Geoffrey White.
The existing 32,000-square-meter warehouse, initially built in 2020, is expected to reach 100% occupancy by year-end, pushing Agility to expand. White stated this at the FT Africa Summit 2024 in London, expressing optimism for Mozambique’s economy, which has gained momentum following a post-COVID-19 slowdown.
Key factors
Key factors fueling this demand include the anticipated launch of a liquefied natural gas project in northern Mozambique in 2025 and a shift among South African companies toward using the Port of Maputo as a regional gateway over Durban. Agility’s facility, located near Maputo’s ring road, enables efficient access to northern Mozambique, the capital, South Africa, and the seaport, positioning it as a strategic hub.
About 70% of tenants use the space for storage and distribution, while 30% engage in manufacturing, packaging, or processing. Most clients are multinationals, with the remainder being local businesses that prioritize business expansion over property investment. The company’s expansion strategy includes potentially opening satellite facilities in Nampula, Beira, or Pemba to further improve distribution capabilities in Mozambique.
Agility’s African footprint began in 2019 in Ghana, later expanding to Côte d’Ivoire, Nigeria, Mozambique, and Egypt, with plans for growth in Angola, Tanzania, Ethiopia, and Morocco. Its business model emphasizes large-scale land acquisition with phased warehouse park construction, aiming to simplify market entry for international companies by addressing land title and construction challenges. This approach has led to Agility’s strong presence in Côte d’Ivoire and Ghana, with Mozambique showing promising growth.