The Russian-Ukrainian war could bring advantages to Mozambique and Angola in terms of diversification of European energy markets, since the impact of the conflict will be reduced in the short term. This projection is from the consultancy Fitch Solutions that believes in a minor impact of the war in these two African countries due to the reduced trade flow with...
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Did you know that spinach helps keep your brain young?
Researchers consider that spinach is a food that can help delay by about 11 years the decline in cognitive abilities and prevent neuro-degenerative diseases. The conclusion is from a study by Rush University in the United States, which indicates that the consumption of spinach and other leafy vegetables, such as kale...
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Russian-Ukrainian crisis will weaken Mozambique's economy - Oxford
The economic policy consultancy Oxford Economics Africa expects that the Russian invasion of Ukraine will have a negative impact on the economy of Mozambique, driving up wheat prices, and that the same may happen in Angola. On the other hand, Oxford foresees that the conflict between these two European countries, which has already...
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Inhambane announces over 3 million for rehabilitation of water supply systems
More than three million meticais will be applied, this semester, for the rehabilitation of water supply systems in the district of Homoíne, Inhambane province. The systems to be intervened were target of vandalization and theft of accessories, such as pumps and solar panels. The district director of Planning and Infrastructures, Arsénio Boa,...
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February 28, 2022February 28, 2022Latest, Market Announcements, National
Eni and Mozambique intend to produce agro-food raw material for biofuels
Eni and the Ministry of Agriculture and Rural Development (MADER) today signed an agreement for cooperation and development of agricultural projects in Mozambique, aimed at producing oilseeds and vegetable oils to be used as agro-foods for biofuel production. Under the agreement, Eni and MADER will evaluate potential sites and the...
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Africa Investment Forum discusses financing of 45 projects valued at over USD 50 billion
The Africa Investment Forum will host virtual boardroom sessions, a key component of the Africa Investment Forum's market days, next month after a postponement late last year, representatives of the initiative announced Thursday. The boardrooms will be held virtually from the 15th to the 17th of...
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Leaders demand sex in exchange for food in Cabo Delgado
Community leaders in Cabo Delgado province involved in food distribution are demanding sexual favors to get support to victims of Islamic terrorism, africanews reports. The site writes that "women have been coerced into giving sex in exchange for money or food aid." The reports were made to the Organization...
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Renamo Military Junta is back with new leaders
The Director of Operations of the Mozambican Armed Forces (FADM), Chongo Vidigal, announced Saturday in Maputo that the Renamo separatist group, the self-proclaimed military junta of Mozambique's largest opposition party, already has a new leaders, elected last week in the bush. "I won't be able to go into detail about the names," Vidigal said, "but...
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February 28, 2022February 28, 2022Latest, Market Announcements, National
SASOL awards gas pipeline contract in Mozambique to Corinth Pipeworks
Cenergy Holdings announces that SASOL, an integrated energy and chemicals company in South Africa, has awarded a contract to supply 76 km of steel pipes for a gas pipeline in Mozambique to Corinth Pipeworks, Cenergy Holdings' steel pipe segment, and its local partner, Project Materials Moçambique SA....
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FAO donates agricultural kits to those affected by terrorism in Cabo Delgado
Three thousand families, victims of terrorism, in Cabo Delgado, receive the same number of agricultural kits, made available by the Food and Agriculture Organization of the United Nations (FAO). These are families who are displaced in the districts of Balama, Chíure and Palma. The kits are composed by seeds, hoes, machetes, watering cans, among other tools, delivered to the Provincial Executive Council of Cabo Delgado...