Mozambique and the European Union (EU) today signed a funding agreement for five projects in the country, each budgeted at between 130 and 140 million euros. Energy, digitalization, the blue economy and technical and vocational training are the areas covered. The agreement was signed at the start of the Business and...
US President Joe Biden said on Tuesday that an agreement on the release of hostages held in the Gaza Strip by the Palestinian Islamist group Hamas is coming very soon. "We are now very, very close" to an agreement and "we will be able to bring some of these hostages home very soon," assured the US leader,...
What was speculation has now become fact. Mozambican international Geny Catamo has just signed the longest contract in Sporting's squad until 2029. The salary review and a clause raised to 60 million euros show the club's confidence in his potential. Rubem Amorim, coach...
Malawi and China have signed a 2 billion euro agreement to establish a rail network that will make the country an economic servant between the Port of Nacala in Mozambique and other African nations, reports Rádio Moçambique. This railway line will play a crucial role in regional trade integration, positioning Malawi as...
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, announced on Thursday that the memorandum of understanding between Zambia and its debt creditors has finally been signed. "The Zambian government is very good, but it is mired in the debts of the past, and the memorandum of understanding has finally been signed," announced the director of the...
The agreement between the government and Credit Suisse "may raise suspicions" about the advantages of the agreement for Mozambique. This is the view of the Budget Monitoring Forum (FMO), a coalition of Mozambican non-governmental organizations (NGOs), which stresses that the agreement may not be as advantageous for the country as claimed. Through...
The out-of-court agreement reached between Mozambique and the UBS financial group on the "hidden debts" case before the British courts was approved by the Council of Ministers in June. The information appears in the Supplement to the Official Gazette of September 14. The document, quoted by Lusa, ratifies the so-called Settlement Agreement signed between the...
This was the solution found for both parties and puts an end to litigation started four years ago in the London Court by the Mozambican state against Credit Suisse. "The Mozambican state has reached an out-of-court settlement with Credit Suisse and the other members of the banking syndicate that financed the Proindicus project," said Minister...
Manchester United announced, in a statement issued via their official platforms early on Wednesday morning, that they have signed a sponsorship deal with Snapdragon for sums never before seen in the world of soccer. The American technology giant's logo will replace TeamViewer on the Red Devils' jersey from...
Televisão de Moçambique (TVM) today signed a cooperation agreement with public broadcaster TDM - Teledifusão de Macau for the two countries to share content that allows mutual knowledge of the realities of the nations. Quoted by Lusa (via RTP), TVM's Executive Director, António Mugabe, said that at this stage the priority...