Spanish Foreign Minister Jose Manuel Albares said Monday that the ministry under his watch is working to charter a repatriation flight for Spanish tourists and businessmen stranded in Mozambique due to the cancellation of flights as part of the discovery of the covid-19 ómicron variant. The repatriation flight is expected to be...
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November 29, 2021November 29, 2021Latest, Technology & Innovation
Xiaomi signs deal with Beijing to manufacture 300,000 electric vehicles annually
Xiaomi - a Chinese technology giant - has signed an agreement with Beijing authorities to build an electric vehicle factory, with the capacity to produce up to 300,000 units per year. The factory will be built in two phases, with the first vehicles expected to hit the market in 2024. Xiaomi also...
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Oil price drops, and new Covid-19 variant unsettles investors
Crude oil prices fell four percent on Friday, along with other financial markets, on fears among investors that the covid-19 omicron variant could slow economic growth and restrict the movement of people and goods again. Crude oil futures, Brent, extended declines for a third...
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Intra-African Trade Fair Reaches 90% turnover
The II Edition of the Intra-African Trade Fair reached a turnover of about 36 billion dollars, 90% of the 40 billion dollars expected, said Kanayo Awani, AFreximbank managing director, quoted by African Markets. Kanayo who was speaking during the closing of the event revealed that the data is still provisional and...
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Covid-19: WHO Calls for Open Borders
In light of the decisions that have been taken by several European countries and beyond to seal off airports to countries in the southern region due to the spread of the new variant of the SARS-CoV-2 coronavirus, the World Health Organization has called for borders to remain open. The "WHO stands with African countries and asks...
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CFM resumes passenger transportation for long-haul trips
The Ports and Railways of Mozambique (CFM) has announced that it will resume passenger transport on long-haul journeys as early as December 10. According to a note from the company, long-haul travel had been interrupted following the development of covid-19 cases in the country. E,...
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Covid: the countries with "omicron" cases, flight restrictions and new measures
The whole world seems to assume the new variant of the coronavirus, Omicron, as the most disastrous among the others already identified, even though it was only detected a week ago. In fact, the World Health Organization (WHO) has classified it as a "variant of concern", and further studies are still needed to verify the real seriousness...
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BP-led consortium starts oil production in Angola
British Petroleum (BP) has announced the start of oil production and exploration at an offshore field called Platina, about 160km off the coast of Angola. It is expected to make 30,000 barrels of oil per day (bpd) available to the market at peak production, with access to 44 million barrels of oil reserves....
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Government moves forward with project to massify domestic gas to low-income families
The Ministry of Mineral Resources and Energy (MIREME) is developing a project to massify domestic gas for low-income families. This initiative foresees that by 2025 about 1.4 million small cylinders will be made available to low-income families in the provinces of Cabo Delgado, Tete, Nampula, and Zambézia....
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Covid: Is the Omicron variant still not that scary after all...?
Since the discovery of the new coronavirus (covid-19), - the Wuhan Health Commission in China formally informed the World Health Organization (WHO) on December 31, 2019 - health authorities have identified several mutations of the viral agent. In this regard, the WHO had listed five variants, namely Alpha (UK), Beta (South Africa...