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Mozambique’s economy slowed down in the 3rd quarter

By Sita Sebastian The Mozambican economy grew 3.6% in the third quarter, a slowdown compared to previous quarters, announced the Monetary Policy Committee (CPMO) of...

Mozambique’s Cahora Bassa hydro plant gets €125 million financing from AfDB

Mozambique's Cahora Bassa hydro plant will get a €125 million financing from the African Development Bank Group (AfDB) to modernize its production system. The credit...

Mozambique among the most industrialized African countries

Mozambique is among the African countries that industrialized the most, according to the a new report by the African Development Bank (AfDB). North Africa continues...

CNOOC Hong Kong Holding Limited bids for Mozambique oil and gas exploration

CNOOC Hong Kong Holding Limited was the main bidder in Mozambique´s Sixth Tender for the Concession of Areas for Exploration and Production of Hydrocarbons,...

EDP to promote renewable energy in 4 African countries, including Mozambique and Angola

EDP, a Portuguese energy group whose biggest shareholder is China Three Gorges, will finance nine projects promoting access to renewable energy in Mozambique, Nigeria,...

Mozambique begins LNG exports to global energy markets

Mozambique has officially started exporting liquefied natural gas (LNG) produced in the country's north, according to energy major Eni SPA, operator of the Area...

German government supports Mozambique with €199 million

The Government of Germany announced today the support of €199 million for social and economic development sectors in Mozambique, within the scope of closer bilateral cooperation,...

Syrah announces full restart of graphite mine in Mozambique, which also supplies Tesla

Graphite mining company Syrah announced to the Australian Stock Exchange today that it has resumed full operations in Cabo Delgado, northern Mozambique, following labor...

Angola, Brazil and Mozambique among the 30 countries most affected by tuberculosis in 2021

Angola, Brazil, and Mozambique are on the list of 30 countries with more cases of tuberculosis in 2021, according to a report released today...

Mozambique wants to be full member of Gas Producing Countries Forum

Mozambique's Minister of Mineral Resources and Energy, Carlos Zacarias, has expressed the country's interest in becoming a full member of the Gas Producing Countries...

Business people from the United Arab Emirates have “enormous interest” in investing in Mozambique

Mateus Magala, the new Mozambican Minister of Transport and Communications, spoke to journalists in Abu Dhabi on the sidelines of a four-day visit that...

Mozambique and Rwanda reciprocally abolish visas

Mozambique and Rwanda have reciprocally abolished entry visas for citizens of both countries, based on an agreement signed Thursday in Kigali, the Rwandan capital,...

Central power in Mozambique admits police weaknesses

The recent attacks in the province of Nampula have revealed our weaknesses," said Victor Canhemba, permanent secretary of the Ministry of the Interior, at...

Mozambique’s 2023 State Budget plans to reduce deficit to 8.7% of GDP

"The budget deficit in 2023 will be 115 billion meticals (1.8 billion euros), equivalent to 8.7% of GDP, which means a decrease of 5.2...

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