The Mozambican government, through the Ministry of Science, Technology and Higher Education, is inviting society to invest in agro-processing as a way of making full use of the communities' agricultural products. The challenge was launched this Thursday (22) in Maputo by the Minister of Science, Technology and Higher Education (MCTES), Daniel Nivagara, during the VII National Seminar...
Government announces concession of bridge over Zambezi River in Tete province
On Tuesday (20), the government, through the Ministry of Public Works, Housing and Water Resources, and the company Estradas do Zambeze signed an addendum to the concession contract for the Kassuende bridge, located over the Zambezi River in Tete province, central Mozambique. The signing of this addendum, according to the government, will allow, among other actions,...
Government says concession of part of the Port of Nacala to Malawi will follow legal procedures
The government clarified on Tuesday that the concession of a space for Malawi at the port of Nacala will follow the necessary procedures that any other concession requires, and in accordance with the legislation in force in Mozambique. In a publication in the Savana newspaper, the government says that it does not see the supposed problem that has...
FACIM 2024: More than 1,300 companies have already confirmed their presence at the international trade fair
Around 1,400 national companies have already registered to take part in the 59th edition of the Maputo International Trade Fair - FACIM 2024, to be held from August 26 to September 1. Organized by the Ministry of Industry and Trade, through the Agency for the Promotion of Investment and Exports (APIEX), the event will take place at the...
Money laundering: Public Prosecutor's Office seizes Fénix hotel in Nampula
The Public Prosecutor's Office (MP) has announced the seizure of a hotel establishment in the northern city of Nampula, in an operation to combat money laundering that has taken place over the last five years. According to a report by Televisão de Moçambique (TVM), the Attorney General's Office (PGR), through the operation called "Stop...
Facim 2024 launched today in Ricatla
The fifty-ninth edition of the Maputo International Trade Fair, Facim 2024, was launched today in Ricatla, Marracuene district, Maputo province. The host of the event will occupy the country's largest business showcase; two pavilions with 300 exhibitors ranging from large, small and medium-sized companies, which will display their potential in various areas,...
Karpowership interested in investing one billion dollars in floating power plant
The Turkish company Karpowership is interested in investing one billion US dollars in the installation and operation of a floating thermoelectric power plant based on natural gas in Mozambique. The information was announced a few days ago in Maputo by Karpowership's commercial director, Zeynep Harezi, during the docking of the ship at the Port of Maputo. Zeynep Harezi...
Mozambique and Malawi seek mechanisms to simplify cross-border trade
Mozambique and Malawi are looking for mechanisms to simplify procedures so that cross-border trade flows more smoothly. To this end, a team from Mozambique's Ministry of Industry and Trade is meeting with the Malawian counterpart in the city of Blantyre to seek consensus. According to a report by Rádio Moçambique, this is the third round of negotiations to...
Sasol: conditions created for the start of cooking gas production
The conditions are now in place for the production of LPG (cooking gas) by the South African multinational, Sasol, to begin on schedule. The information was provided by Sasol's vice-president for operations and maintenance in Mozambique, Francisco Augusto, quoted by Rádio Moçambique. According to the source, from next year,...
HCB's financial results reach 1,504.66 million Meticais in the first half of 2024
The Financial Results of Hidroeléctrica de Cahora Bassa, SA (HCB) amounted to 1,504.66 million Meticais in the first half of 2024, representing a positive variation of 1,837.3% compared to the same period in 2023. According to HCB's operating and financial performance report, this result derives from income from...