Mozambique’s first quarter foreign direct investments drop 66.8%, with South Africa making most investment
Foreign Direct Investment (FDI) in Mozambique saw a drop of 66.8% in the first quarter, compared to 2022, amounting to...
August 15, 2023Topic
English news Mozambique
WaterAid’s pledge of US$2.6: expanding access to clean water in Mozambique by 2030
The British non-governmental organization (NGO), WaterAid, has committed to invest €2.3 million to broaden access to clean water in Mozambique....
August 10, 2023
Economic trends and family dynamics: a deep dive into Mozambique’s urban-rural divide
A recent report from Mozambique's Instituto Nacional de Estatística (INE) reveals shifts in family economic patterns.
August 9, 2023
Mozambique’s government revenue up 8.8% in first quarter 2023
Mozambique's state revenue grew 8.8% in the first quarter, reaching 65.054 billion meticais (931 million euros). This growth was primarily...
August 3, 2023
Mozambique to repair key road in conflict-torn Cabo Delgado
The Mozambican government is set to repair the road between Macomia and Mucojo administrative post in Cabo Delgado province.
August 1, 2023
Mozambique’s president wants to strengthen economic cooperation with Russia
Mozambique's President, Filipe Nyusi, has expressed interest in amplifying business investments to boost economic cooperation with Russia. This statement came...
July 27, 2023
Mozambique’s central bank keeps interest rate at 17.25%
The Bank of Mozambique's Monetary Policy Committee (CPMO) has announced that the monetary policy interest rate, also known as MIMO,...
July 26, 2023
Almost 40% of the Mozambican population is illiterate
In a recent announcement, Mozambique's President reported that roughly 40% of the country's 30 million residents are unable to read...
July 24, 2023
Mozambique considers converting external debt into health sector investment
Mozambique's Minister of Economy and Finance, Max Tonela, has suggested the conversion of foreign debt into health sector investments during...
July 14, 2023