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.
November 22, 2023Section
Eastern Africa
Eastern Africa – Kenya, Ethiopia, Tanzania, Uganda and Rwanda – is the continent’s fastest-integrating bloc, a hub for tech, logistics, ports and a rising consumer class along the Indian Ocean trade routes. The Rio Times tracks the region’s growth, currencies, infrastructure megaprojects, and the contest among China, the Gulf and the West for influence. This hub gathers our daily Eastern Africa coverage through a business and investment lens.
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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.
November 20, 2023
Rising Seas Threaten Africa’s Coastal Heritage
Climate change is reshaping Africa, especially its western coast, as rising sea levels threaten communities and heritage sites.
November 20, 2023
Mozambique Eyes Debt-for-Climate Deal with Portugal
The Mozambican government is considering converting its debt to Portugal into funding for climate projects.
November 18, 2023
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.
November 17, 2023
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.
November 14, 2023
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...
November 9, 2023
East Africa Adjusts Grain Trade Policies Amidst Global Shifts
In the latest Afrida news, Kenya and Tanzania, key players in grain commerce, have recently revised their import and export...
November 7, 2023
Mozambique’s Open Doors Policy Ushers in Tourist Wave
In the latest lusophone news, Mozambique saw a significant 34% jump in tourist numbers after starting a visa waiver program.
November 7, 2023