When car dealer Keith Oh from Singapore first read the message on Facebook, he was not sure if it was real
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Mozambique to have an energy production center based on natural gas
Mozambique will have an energy producing center that will contribute to the stability and security of the national electric system, with the construction of the Temane Thermal Power Plant, based on natural gas
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"Debt relief implies downgrade because governments lose control," Considers Moody's
Moody's rating agency argues that a downgrade for countries seeking debt relief is inevitable because it is the creditors' committee that decides on restructuring
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May 31, 2021May 31, 2021Latest
CPLP debates "more effective support" for Mozambique
The Community of Portuguese Speaking Countries (CPLP) is expected to discuss at its July summit "more effective support" to Mozambique over the violence in Cabo Delgado
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"Mozambique runs the risk of defaulting" - Moody's
Scenario could materialize in 2024 if gas production lags and compromises the expected increase in revenues, says the financial ratings agency
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Mozambique: SADC to schedule a new summit
Presidents of member countries of the Southern African Development Community (SADC), reaffirmed this Thursday solidarity with Mozambique
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Africa in "urgent" need of 20 million second doses of vaccine, warns WHO
Africa needs at least 20 million doses of the AstraZeneca/Oxford vaccine in the next six weeks to be able to give second doses to everyone who received the first
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African Union "disappointed" with IMF's value for Africa
The president of the African Union said Thursday he is "disappointed" with the IMF's $33 billion in Special Drawing Rights (SDR)
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Afreximbank raises funds on the financial markets
The African Export-Import Bank (Afreximbank) raised $1.3 billion this week
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Rehabilitation of public infrastructure destroyed by cyclones begins
Rehabilitation work will begin in a few days on forty-three public infrastructures destroyed by cyclones Idai and Kenneth