The programmer, Mark Zuckerberg, lost more than six billion dollars because Facebook and other social networking applications under his wing (Instagram, Messenger and WhatsApp) have stopped working, this Monday (4). Zuckerberg dropped one rung on the list of the world's richest people, due to the worldwide blackout...
Author: MZNews (MZNews )
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October 5, 2021October 6, 2021World
FAO says disappearing forests in Africa cost 3% of GDP
The United Nations Food and Agriculture Organization, FAO, says that increasing forest disappearances cost Africa an annual loss of 3% of GDP. According to it, 60% of Africans depend on land and forests. The information appears in another release from the 2021 edition of Africa's Forest and Landscape Restoration Journal, released by FAO...
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Cargo handled at ports could grow from 41 to 81 million tons
The government plans to double the amount of cargo handled at national ports from 41 to 81 million tons in four years. The information was presented by the Minister of Transport and Communications at the close of the 39˚ Sector Coordinating Council
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IMF says cryptocurrency boom challenges financial stability
The cryptocurrency market continues to grow by leaps and bounds, with the value of crypto assets exceeding $2 trillion at the end of September. The International Monetary Fund (IMF) considers that it does not yet represent a systemic risk, but calls on the authorities to be alert to the cryptocurrency boom and coordinate globally to create effective supervision and oversight
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October 5, 2021October 6, 2021Industry
Mozambican Government and Chinese WIH sign memorandum worth 800 Million
The Ministry of Industry and Trade and the Chinese firm West International Holding (WIH) have signed a memorandum regarding $800 million of investment intentions by that company in the country, the government announced in a statement
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Maputo hosts bilateral summit between Portugal and Mozambique on November 04 and 05
The Minister of Foreign Affairs and Cooperation announced Friday in Lisbon that Maputo will host a bilateral summit between Mozambique and Portugal on November 4th and 5th
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October 5, 2021October 6, 2021Business
Government Probes Investors for Financing Mphanda Nkuwa
The Government held last Wednesday, September 29, a virtual conference to the international market with potential strategic and financial investors, for the development of MKN and associated energy transportation infrastructure
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"Mozambique has not asked the IMF about debt sustainability," says Adriano Maleiane
The Ministry of Economy and Finance says it has not asked the International Monetary Fund (IMF) for debt ratios to exclude specific bonds for countries in military conflict, it said on Friday in a note sent to Lusa
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October 4, 2021October 6, 2021Marketing & Advertising, Technology & Innovation
Huawei Launches New Perspectives to Digitize Africa
Huawei Vice President Karl Song said that Huawei Group is interested in supporting digital transformation in Africa. The continent could benefit from 5G, Cloud and Artificial Intelligence (AI). "Huawei group, committed to supporting digital transformation in Africa, works with more than 1,500 partners on the continent. [In addition to these, there are] more than...
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October 4, 2021October 4, 2021Marketing & Advertising, Technology & Innovation
Rolls-Royce Unveils Its First Electric Car
Rolls-Royce Motor Cars CEO Torsten Müller-Ötvös announced on Wednesday (29) the brand's first electric car, a sedan dubbed "Spectre." By the end of the decade the company will be completely electric. In 1900, Charles Rolls, founder of Rolls-Royce, experimented with the first prototype of an electric car that at the time competed with vehicles powered...