The President of the Republic, Filipe Nyusi, launches today, in the district of Vanduzi, in Manica, the National Program "Industrialize Mozambique
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In the midst of conflict, concessions for mining projects in Cabo Delgado increase
Four times more licenses for mining projects were granted in the conflict period than in the previous 14 years
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Mozambique wants to increase access to water to 80% by 2024
The President of the Republic, Filipe Nyusi, expressed on Thursday his intention to expand the water supply network from the current 62% to 80%, highlighting the mobilization of resources to achieve the goals as a priority for his executive
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Private sector activity continued to increase in July
Economic conditions in Mozambique continued to improve last July, according to the latest data from the Purchasing Managers' Index™ (PMI) survey, conducted monthly by Standard Bank
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IMF minimizes the impact of Total's project suspension for the national economy
The Resident Representative of the International Monetary Fund (IMF), Alexis Meyer Cirkel, expects a robust recovery of the Mozambican economy in the short and medium term, stressing that there will be no major impact from the suspension of Total's LNG Project in Afungi, because the level of interconnection of the domestic economy to this project is still very low
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"Regaining international trust depends on fighting corruption in Mozambique"
The Mozambican government must step up the fight against corruption and strengthen accountability mechanisms in order to regain the confidence of international partners, including the International Monetary Fund (IMF), which suspended support for the state budget because of hidden debts
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August 5, 2021August 5, 2021Agriculture, Featured, Economy
Millennium Challenge Corporation resumes support to Mozambique
The United States resumes support for Mozambique under the Millennium Challenge Corporation program after 17 months of suspension
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Pandemic continues to overwhelm Mozambican companies and workers
Bills and more bills. It has been like this for about a year and a half. Mozambican companies are counting the losses they are accumulating, following the direct impact of the Covid-19 pandemic on their activities
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Sweden provides $5 million to electrify Vilanculos district
The Swedish government has provided five million dollars to Electricidade de Moçambique (EDM) for power expansion in Vilanculos district, in the southern province of Inhambane
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Private Sector Expects Progress on Vaccination for Relief from Restrictive Measures
The Confederation of Mozambican Business Associations (CTA) is expectant with the Government's announcement of the acquisition of 11 million doses of vaccines against Covid-19, a fact that may accelerate the immunization rate and dictate relief from restrictive measures in place, including in the business sector