Browsing: timber

Business Photo © Obtala
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Forestry and agriculture company Obtala - soon to change its name to Woodbois - has decided to hold on to Mozambican forestry concessions but is looking to hand over its Tanzanian agriculture business to a more “patient” investor.

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Business Chanfuta timber, one of the woods whose export has been restricted. Photo: Obtala
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The chairman of forestry company Obtala spent more than $14 million last week buying shares in the company’s forestry subsidiary, less than two weeks after the company suggested Obtala could abandon its Mozambique forestry concessions which are proving “a [...]

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Conservation Nkula logs in the district of Macanga, Tete Province, July 2018. Photo © Fungai Caetano / Zitamar News
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Nkula trees, known for the valuable wood they produce, are on the verge of extinction in Tete province due to illegal timber harvesting by Chinese companies, often working in collaboration with local authorities. Mozambique’s Ministry of Land, Environment and [...]

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Plantations Left: Celso Correia, minister of land, environment, and rural development. Right: Wood produced on Obtala's concessions in Mozambique.
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A private company owned by Mozambique’s Ministry of Land, Environment, and Rural Development (MITADER) is setting up a timber processing joint venture with an international company to process and export timber from small forestry concessions in northern [...]

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