Edgebold signs joint venture with a leading provisions company

Maputo, February 28, 2014

The Directors of Edgebold signed an agreement today to become the majority shareholder of  A.S.A.P. Lda.

A.S.A.P. Lda was founded in 2000 to address the need of chandling services to support vessels operating in Mozambique’s coastal waters. A.S.A.P. Lda has offices and bonded warehouses in Maputo, Beira and Pemba, and is soon to open a bonded site in Nacala.

Edgebold was founded in Dubai in 2011 with the purpose of growing businesses in Southern Africa by investing in promising existing companies and by establishing new ones. A.S.A.P. Lda was incorporated in Mozambique in 2011 and offers supplies and provisions to customers both offshore and inland.