Key facts
- Invictus Investment said its subsidiary Merec Industries is building a pasta plant at Nacala, in northern Mozambique.
- Merec said it will be Mozambique's only company with pasta plants in all three regions once the facility is complete.
- Merec said the Nacala plant and its Machava expansion will take capacity above national demand and allow exports.
- Eduardo Abdula, governor of Nampula Province, visited Merec facilities to view construction progress.
- Invictus and Helios Investment Partners said in October 2026 that Helios Fund V had agreed to buy up to 49 percent of Merec's holding company.
Invictus Investment Company said its subsidiary Merec Industries is building the first pasta manufacturing plant in northern Mozambique, at Nacala, according to the primary report dated November 10, 2026. Invictus, an Abu Dhabi-listed holding company focused on agro-food commodities in the Middle East and Africa, did not say when construction began or when the plant would start production.
Merec said the new plant, combined with an expansion of its Machava industrial facility in the south, will lift its total pasta production capacity beyond Mozambique's national demand, allowing the country to meet domestic pasta demand from local output and export the surplus. It said the plant will bring production closer to consumers in the north and increase availability of fortified pasta in line with national food fortification requirements.
The company also said the project will create direct and indirect jobs, develop local skills and involve businesses across the value chain from production and logistics to distribution and sales. Nacala has a deep-water port and is the gateway to the Nacala Logistics Corridor linking Mozambique to Malawi and Zambia.
Eduardo Abdula, governor of Nampula Province, visited Merec's facilities to view construction progress, according to the report. Merec said its operating performance has improved since it joined Invictus in January 2025.
In October 2026, Invictus and Helios Investment Partners announced that Helios Fund V had agreed to acquire up to 49 percent of Merec's holding company, with Invictus remaining majority shareholder. The deal is expected to close by the end of 2026, subject to regulatory approvals. Merec and Invictus also signed cooperation agreements with the International Finance Corporation at the Lusophone Africa Investment Forum in Cabo Verde in October 2026.