The city of Maputo projects a production of 9,423 tons of various types of fish, compared to 9,239 last year, which corresponds to a growth of two percent. The figures were released last Friday (14) by the Secretary of State for the city of Maputo, Vicente Joaquim, at the opening ceremony of the...
The average price level in Mozambique's urban areas rose by 0.52% in February, according to the latest data published by the National Statistics Institute (INE). "Among the goods that registered the most significant price increases in February were tomatoes (14.3%), unground maize (6.4%), fresh fish (2.2%) and...
Last Friday (14), the Zambezi Valley Development Agency (Zambezi Agency) launched the fourth edition of the Catalytic Fund for Innovation and Demonstration (FCID). The program, implemented by the Mozambican government in partnership with the World Bank, has funding of around 17 million dollars, aimed at strengthening opportunities for...
Moza Banco has reinforced its commitment to financial inclusion by expanding the radio program "Conta com o Moza", an initiative that aims to promote financial education among people in rural regions of the country, using local languages. It is estimated that around one million people will have been reached between 2023...
The Exim Bank of the United States of America will disburse five billion dollars in financing to the French multinational TotalEnergies for the development of the Liquefied Natural Gas (LNG) exploration project in Area 4 of the Rovuma Basin, in the province of Cabo Delgado. The TotalEnergies project has been suspended "Force Majeure" since...
Mozambique wants to increase exports of macadamia nuts, an emerging crop with high commercial value on the Chinese market. To this end, the national authorities have established a protocol with the People's Republic of China, valid for three years and renewable, with the aim of facilitating the entry of this product into that Asian country, free of customs duties. According to...
The company Electricidade de Moçambique (EDM) was yesterday, March 12, awarded the "Intra-African Trade Award" for being one of the Energy Sector Companies that stands out the most in facilitating trade in Africa. According to a press release from EDM, the award took place during the Africa Trade Conference...
Mozambique, Malawi and Zambia met in Lilongwe, the Malawian capital, to assess the progress of joint planning activities and share experiences for the development of the Nacala Corridor. This is a high-level meeting that ends next Friday (14), with the aim of improving the tripartite coordination mechanisms, with a view to reducing...
The African Development Bank (AfDB) and the World Bank (WB) will make almost 60 billion dollars available for investments in clean energy generation projects. The AfDB promises to release 18.2 billion dollars and the WB 40 billion dollars to advance the initiative. These substantial commitments are expected to...
On his first state visit to South Africa, the President of the Republic, Daniel Chapo, as well as holding a customary meeting with his counterpart, Cyrill Ramaphosa, met for an "intimate and informal dinner" with the main CEOs of the companies listed on the country's largest stock exchange, the Johannesburg Stock Exchange (JSE). At the center of the...