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Renamo Seeks Legal Action Over Mozambique Elections

Renamo, Mozambique's main opposition party, is taking decisive legal action following the controversial local elections on October 11. The party plans to stop the repeat...

Debt Challenges for The Gambia and Mozambique’s State Firms

The World Bank has flagged The Gambia's and Mozambique's state-owned enterprises (SOEs) as a financial hazard to the nation's economy. In a detailed study, they...

Mozambique’s Renewable Energy Landmark Achievement

In 2022, Mozambique's Cahora Bassa Hydroelectric Plant (HCB) achieved its highest electricity production in five years, generating 15,753.5 gigawatt-hours (GWh). This marked a 5.1% increase...

Election Controversy Escalates in Mozambique

Renamo, the primary opposition party in Mozambique, has openly rejected the local election results announced by the Constitutional Council (CC). Ossufo Momade, Renamo's President, declared...

Graphite Gold: Mozambique’s Plan to Power EU Electric Vehicles

Mozambique, rich in graphite, is positioning itself as a key supplier to the European Union's electric vehicle industry. Max Tonela, the country's Minister of Economy...

Mozambique Finds Itself in a State of Political Limbo

Mozambique's October 11 municipal elections have sparked widespread unrest, primarily among young voters, demanding transparency. They are frustrated with the unclear and delayed election results. The...

Mozambique Eyes Debt-for-Climate Deal with Portugal

The Mozambican government is considering converting its debt to Portugal into funding for climate projects. Facing climate change threats, Mozambique seeks to transform its 675...

Mozambique Ups Security Spending After Cabo Delgado Attacks

Since the terrorist attacks in Cabo Delgado, Mozambique has increased its national security spending by $1.69 billion. This information comes from a study by the...

Mozambique Braces for Steep Rise in Debt Service

In 2024, Mozambique's debt service costs are projected to increase by 18%, reaching over 116.631 billion meticais (approximately $1.712 billion). This information comes from the...

Mozambique Sets Ambitious Goals for Solar Energy Uptick

Mozambique is on course to nearly quadruple its solar power production by 2024, thanks to the expansion of solar parks nationwide. The 2024 budget bill,...

Mozambique’s Open Doors Policy Ushers in Tourist Wave

Mozambique saw a significant 34% jump in tourist numbers after starting a visa waiver program. This move aimed to make the nation more inviting...

Green Energy Powers 70% of Mozambique

Mozambique's national energy landscape is now heavily reliant on renewables, which form 70% of its mix. The state utility, Electricidade de Moçambique (EDM), aims for...

Mozambique’s Prospects Shine as IMF Forecasts Growth

The International Monetary Fund (IMF) has recognized Mozambique's economic potential following improved security in its northern region. This development offers a brighter future, as major...

Mozambique Economy Grows 4.4%

Today, Mozambique's government announced a 4.4% economic growth for the first nine months of this year. This growth rate outperforms the global GDP average and...

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