Access Bank Plc, one of Africa's leading banks, has reinforced its commitment to women's empowerment in Southern Africa by relaunching the "W Initiative" in Zambia and Botswana. The program offers a variety of non-financial financial services designed to promote women's financial inclusion and socio-economic development. The initiative...
Cimentos de Moçambique (CM) announced today an investment plan worth 60 million US dollars to modernize and increase the production capacity of its plant in Sofala province, located in the municipality of Dondo. The modernization includes the installation of a modern and efficient clinker kiln as well as a new mill...
Established in 2000 next to Mozal Aluminium, the park has become a vital engine for Mozambique's industrial sector. Today, as part of MozParks and the ASEZA network, Beluluane Industrial Park is home to more than 60 companies from 18 countries and has attracted more than 3 billion dollars in investments. MozParks...
The Maputo Port Development Company (MPDC) has signed a strategic agreement with Maputo Grain Terminal SA (MGT), in partnership with MEREC Industries, to significantly expand the capacity of the Port of Maputo's grain terminal. This project aims to increase the terminal's static capacity from the current 25,000 tons to 45,000...
KARMOL recently inaugurated the upgraded Nacala fish center, whose main objective is to guarantee the sustainability and conservation of the region's fishing resources. Budgeted at 1.5 million meticais, the redevelopment initiative financed by the company is a response to the challenges faced by local fishermen linked to the deterioration of infrastructure, lack of...
Hollard-Agri, an innovative micro-insurance initiative by Hollard Mozambique, has created a significant impact on the lives of 16,000 small farmers affected by drought in the provinces of Manica, Sofala and Tete, respectively. Launched around a year ago, this micro-insurance is providing essential cover to small farmers on the basis of...
On August 22 and 23, Maputo hosted the second edition of the Local Conference of Children and Youth on Climate Change (LCOY-Mozambique). Organized by the Youth Platform for Climate Action (YCAC-MOZ) and co-organized by partners such as AEFUM, Repensar Environmental Education Cooperative, ECOP Mozambique and Aseder, the event was attended by more than...
Fidelidade Moçambique, Companhia de Seguros, SA has once again had its financial strength reaffirmed by the international rating agency AM Best. The agency maintained its rating of "B" (Fair) for Financial Strength Rating and "bb" (Fair) for Long-Term Issuer Credit Rating. ....
Eni, as the Delegated Operator of Area 4, on behalf of its partners, namely ExxonMobil, China National Petroleum Corporation (CNPC), GALP, KOGAS and ENH, today celebrates the production of 5 million tons of LNG by Coral Sul FLNG, located in the ultra-deep waters of the Rovuma Basin in Mozambique. This is a...
On August 23, the Minister of Public Works, Housing and Water Resources, Carlos Mesquita, announced the launch of the public tender to hire the contractors to rehabilitate National Road Number One (N1), after several postponements due to World Bank requirements. This is the implementation of Phase 1 of the N1 rehabilitation project,...