The Prime Minister of Mozambique, Benvinda Levi, announced that the Chinese government has decided to waive interest on loans granted to Mozambique until 2024 and donate €12 million to the….
The Association of European Entrepreneurs in Mozambique (EuroCan) says that Mozambique prefers to hire Chinese companies over European ones because they offer lower prices but “lower quality.” European business leaders….
The Bank of Mozambique says that pressure on domestic debt continues to worsen, impacting the normal functioning of the government bond market. Domestic debt, excluding loan and lease agreements and….
The United Nations Children’s Fund (UNICEF) hosted on Tuesday (23) at BCI headquarters auditorium in Maputo the workshop “B4R: Strategic Partnerships with the Private Sector for Results in Favor of….
The President of the Republic, Daniel Francisco Chapo, described his working visit to the United States of America as “extremely positive,” emphasizing that the meetings held in New York reinforced….
Foreign Direct Investment (FDI) in Mozambique more than doubled in the first quarter compared to the same period in 2024, reaching almost US$1.626 billion (€1.384 billion), driven by Major Projects,….
Since 2022, the Coral South FLNG project has exported 137 shipments of gas and condensate, generating €199.2 million. The government says that Mozambique is asserting its role in the global….
The National Alliance for a Free and Autonomous Mozambique (ANAMOLA) party was officially launched in the Manga neighborhood of Beira, Sofala province. The ceremony was presided over by the interim….
The Chairman of the Board of Directors of Sociedade Moçambicana de Medicamentos (SMM), Evaristo Madime, announced that the production of injectable medicines will begin this year. The expectation is for….
The Mozambican government and the Qatari conglomerate Al Mansour Holding have signed a strategic agreement worth US$20 billion to be invested in the country’s development. A long-term investment with social….
Mozambique has three approved development projects for the exploration of natural gas reserves in the Rovuma basin, ranked among the largest in the world, off the coast of Cabo Delgado…..
Total will lift the “force majeure” on the natural gas exploration project in Cabo Delgado, which has been on hold since 2021. There are fears that the biggest investment in….
Mozambique is on the verge of signing a new financing program with the International Monetary Fund (IMF), which could occur this year, given the package of reforms underway in the….
Mozambique wants to be an example in terms of green finance in southern Africa, which implies sustainable management of its natural resources, said President Chapo during the fourth UN International….
The profits of Mozambican banks fell by 21.9% in 2024, to the equivalent of around 900,000 euros a day, according to data from the Bank of Mozambique in its June….
Gavin Dalgleish, CEO of Vision Sugar Holdings, a South African agro-industrial company, confirmed that the company is in the process of acquiring the Xinavane and Mafambisse sugar companies, located in….
Analysts believe that Mozambique could be affected by the conflict between Israel and Iran, particularly in terms of fuel imports, if the situation escalates. The country imports most of its….
According to TotalEnergies CEO Patrick Pouyanne, the $20 billion Mozambique liquefied natural gas (LNG) project is to resume development “this summer.” The project will have a capacity of 13.12 million….
Montepuez Ruby Mining (MRM) plans to triple its processing capacity at the ruby mine in Cabo Delgado Province, northern Mozambique, to 600 tonnes per hour, as part of an investment….
Mozambique’s Minister of Foreign Affairs and Cooperation, Maria Manuela dos Santos Lucas, and the Minister of the International Department of the Central Committee of the Chinese Communist Party, Liu Jianchao,….
Montepuez Ruby Mining (MRM), the company operating in Namanhumbir, in the Montepuez district of Cabo Delgado province, has appealed to tourists in the provincial capital, Pemba, to refrain from buying….
The Mozambican economy shrank by 3.92% year-on-year in the first quarter, after falling by 5.73% in the last three months of 2024, Mozambique’s National Statistics Institute (INE) announced. Exports “recorded….
The non-governmental organization Oil Change International (OCI) has called on the UK to reconsider its decision to finance TotalEnergies’ project in Mozambique, alleging violations of human rights and international environmental….
The governor of the Bank of Mozambique, Rogério Zandamela, guarantees that the amount received by the Sovereign Fund from the exploration of natural gas in Mozambique remains safe. Zandamela was….
The Bank of Mozambique has reduced the monetary policy interest rate (MIMO) from 11.75% to 11%. This measure results from the consolidation of the outlook for single-digit inflation in the….