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Government promises measures to tackle fuel prices

The Prime Minister, Carlos Agostinho do Rosário, said today in the Assembly of the Republic (AR) that the Government will implement "realistic measures" to protect the population from the impact of the worsening fuel prices. "The Government will continue to be attentive and to adopt realistic measures that ensure the protection of the activities of the transport, agricultural and fishing sectors, among others,...

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PR appoints new ministers of Defense, Interior and Civil House

The President of the Republic, Filipe Jacinto Nyusi, today appointed three new ministers. These are Cristóvão Artur Chume as Minister of National Defense, Arsénia Felicidade Félix Massingue as Minister of Interior, and Constantino Alberto Bacela as Minister in the Presidency for Civil House Affairs, according to a press release from the Presidency of the Republic, in...

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Mozambique 'calls' Russian oil companies to bid for hydrocarbons

The Mozambican government today in Moscow invited Russian oil companies to participate in the sixth international hydrocarbons tender, to be launched in December, for the development of projects in the sector in the African country, according to a Lusa news report. Carlos Zacarias, president of the National Petroleum Institute (INP), told reporters that the country will be...

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Vodacom to launch M-pesa in Egypt

South African mobile phone company, Vodacom, will acquire a majority stake from its British parent company Vodafone Egypt for $2.7 billion, with a view to expanding its presence on the African continent. According to Vodacom CEO Shameel Joosub, one of the biggest attractions in the Egyptian market is that most of the...

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Africans want USD 700B annually for climate adaptation

A group of African nations has pressed for the opening of negotiations for a $700 billion annual funding package, starting in 2025, to help developing countries adapt to the climate crisis. The so-called emerging countries (Brazil, China, India, and South Africa) are going to the negotiating table with a...