Through the Council of Ministers, the government has appointed Omar Mithá to head the Investment Advisory Board of Mozambique's Sovereign Fund (FS). The appointment was made in a resolution approved this Thursday (12) in Maputo, during the 27th ordinary session of the Council of Ministers.

Omar Mithá will lead the body made up of Enilde Sarmento, Hercílio Simão, Egildo Mussuanganhe, Ibraimo Hassane Mussagy, Irene Luzidia Maurício and Mukhtar Abdul Carimo, joining the nine members of the FS Supervisory Committee, elected last July by the Assembly of the Republic.

The Sovereign Wealth Fund's Investment Consultative Body (CCI) is a body that will consult on the Supervisory Committee's reports on revenues from the production of liquefied natural gas from Areas 1 and 4 Offshore in the Rovuma basin, in the northern province of Cabo Delgado, including future oil and natural gas development and production projects.

(Photo DR)