Mining company Vale announced that coal production in Mozambique increased by 78.1% and sales almost doubled in the third quarter of 2021 compared to 2020, according to data from the company's latest report. Coal production in the third quarter of 2021 stood at 2.4 million tons and sales amounted to...
Post
CMH loses 54% of profits this year
Companhia Moçambicana de Hidrocarbonetos (CMH), part of Empresa Moçambicana de Hidrocarbonetos (ENH) recorded a revenue loss of about 54 percent due to the lower oil prices in the international market influenced by Covid-19. The information is in the Annual Report and Financial Statements of the last audit on the company in the year that ended...
Post
October 24, 2021October 24, 2021Latest, Agriculture, Featured, Markets, National
IFAD invests USD 275M in agro-livestock and fisheries projects
The International Fund for Agricultural Development (IFAD) provides about 275 million dollars in agro-livestock and fisheries projects in order to reduce poverty levels and improve the income of families in rural areas of Mozambique. According to the vice president of IFAD, cooperation with the Mozambican state must continue so that...
Post
Elephants may never develop tusks due to civil war
The civil war also has implications for the animal world. According to a study on constant poaching, Elephants in Mozambique are at risk of never developing tusks again. A robust set of tusks is usually an advantage for elephants, allowing them to dig for water, strip the bark for food, and fight...
Post
October 22, 2021October 22, 2021Latest, National, Social Responsibility, Living
China Donates 20 Million Meticals in Food for Terrorism Victims
The Chinese government donated 20 million meticais in food to its Mozambican counterpart, this Thursday, in order to minimize the suffering of the population of the province of Cabo Delgado victims of terrorism. The Chinese government delivered 200 tons of rice, 300 tons of corn starch and 24,000 liters of cooking oil. More...
Post
Hidden Debts: Mozambique demands USD 2.2 billion in debt relief
The supervisory body for Mozambique's public finances is demanding debt relief of around US$2.2 billion, contracted with Credit Suisse. The amount is ten times what the bank is willing to pay. According to the Budget Monitoring Forum (FMO) there are enough factors for the...
Post
October 22, 2021October 21, 2021Latest, National, Social Responsibility
Red Cross announces 20 M$ for humanitarian assistance in central and southern areas of the country
The International Red Cross and Red Crescent Society has nearly $20 million available for humanitarian assistance for floods and cyclones in central and southern Mozambique
Post
Self-employment: CMCM trains 48 thousand young people
About 48 thousand young people were trained by the Municipal Council of Maputo City (CMCM) in matters of self-employment, since the beginning of the mandate until the current moment. Eneas Comiche, president of the CMCM said that the municipal council has sought to respond to the problem of youth employment by mobilizing partnerships...
Post
Leaking Documents! Countries lobby to change climate report
A series of documents reveals how some countries are acting to change some conclusions of the latest United Nations (UN) climate report in order to reduce carbon emissions. From Saudi Arabia to Brazil, everyone has something to say about continuing with their production methods that emit polluting gases. From...
Post
Mphanda Nkuwa" hydroelectric project commits to sustainability
The Mphanda Nkuwa Hydropower Project Implementation Office (GMNK) and the International Hydropower Association (IHA) have signed an agreement to ensure the sustainability of hydropower in Mozambique. "Mozambique is committed to a sustainable and clean energy system [...] and also hopes to gain important insights and lessons on how to address future...