The platform thebigdeal.substack has presented data of African start-ups that reveal the possibility of surpassing the four billion dollar mark by the end of this year. Thebigdeal.substack has produced an illustrative map, as of November 29, 2021, showing that African start-ups raising funds of more than one hundred thousand dollars...
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Government aims to reduce between 8% and 9% salary expenditure from GDP
The weight of the salaries of the State employees and agents is currently around 13% of the Gross Domestic Product (GDP), and the Government intends to cut the expenses to around 8% or 9% within the next four years, according to the Minister of Economy and Finance. Adriano Maleiane advanced that the application of the new single table of...
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December 3, 2021December 3, 2021Latest, National, Social Responsibility
Galp Foundation renews support to Helpo and Makobo
Galp and Fundação Galp recently signed two memoranda with the Helpo organization and the Makobo platform to ensure access to school education and support to displaced people in Cabo Delgado, as part of its social responsibilities. The protocol with the non-governmental organization Helpo concerns the renewal of the financial support...
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December 3, 2021December 3, 2021Latest, National, Social Responsibility
UN can provide USD 388.5 Million for humanitarian aid in 2022
Mozambique may benefit from humanitarian aid from the United Nations Organization, through its Office for Humanitarian Affairs (OCHA), estimated at around 388.5 million dollars next year, according to the "Global Humanitarian Overview" report, released Thursday in Geneva. This year, OCHA's Humanitarian Response Plan for Mozambique...
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"Tolls guarantee financing for roads", considers Deputy Minister of Public Works
Government considers that the toll construction program underway in most southern African countries can prevent the collapse of traditional systems of financing road and bridge maintenance based on fuel taxes. The Deputy Minister of Public Works, Housing and Water Resources, Cecilia Chamutota, said this Thursday during the group meeting...
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Adriano Maleiane believes that the country should not face the Omicron variant with drama
The Minister of Economy and Finance, Adriano Maleiane, believes that the country should continue to be careful so that the new variant Omicron of covid-19 does not compromise its pace of economic recovery. To this end, Maleiane said the country should avoid repeating last year's recession, which translated into a...
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"Covid-19 control measures may be revised," warns Ilesh Jani
The Director General of the National Institute of Health (INS), Ilesh Jani, said on Wednesday that the prevention measures approved by the Government to contain the spread of Covid-19 may be readjusted in the coming days in the face of a possible worsening of the epidemiological situation in the country. For now, Ilesh Jani, revealed that the health sector is ...
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INCM redoubles efforts to stop cybercrime
The government through the National Institute of Communications of Mozambique (INCM) is strengthening its institutional capacity in order to combat cybercrimes that tend to occur with some frequency in recent times. According to the President of the Board of Directors (PCA) of INCM, Tuaha Mote, said this week in Nampula, during the opening...
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Total drills new oil wells in Angola
French oil company TotalEnergies and the Angolan National Oil and Biofuels Agency (ANPGB) announced this Thursday the start of drilling of seven wells in Block 17, integrated in the Clov Project, which is expected to reach a production of 40,000 barrels of oil per day (bpd). A note from the Angolan side mentions...
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Absa Bank participates in conference on renewable energy
Absa Bank Mozambique attended, on Tuesday (30), the conference "Renewables for Self Consumption in Mozambique" co-organized by the Lusophone Renewable Energy Association (ALER) and the Mozambican Renewable Energy Association (AMER) in partnership with the Industrial Association of Mozambique (AIMO). The focus of the event was to take an X-ray of the market potential and demand...