The Triland project is working to boost tourism and make the region one of the most attractive in Africa for the sun and beach, nature-based and cultural tourism segments. The Triland project is a joint initiative between Mozambique, Eswatini and the South African province of Mpumalanga, launched in 2009 to promote a corridor...
Category: Markets
Agriterra approves sale of company and change of name in Mozambique
Agriterra Ltd (AIM:AGTA), the AIM-listed African agricultural company, announced yesterday that its shareholders have approved the proposed disposal of its Mozambique Agricultural Business and the change of the company's name to "PACSCo Limited". The resolutions were passed at a General Meeting following a notice issued on March 10, 2025. A...
LAM suspends Maputo-Cape Town direct flights
Mozambique Airlines (LAM) is suspending direct flights between the cities of Maputo, in Mozambique, and Cape Town, in South Africa, scheduled for April 8th. The company says that all passengers who have purchased tickets for later dates are being informed of the alternatives...
Government to renegotiate megaproject contracts
The President of the Republic, Daniel Chapo, is going to renegotiate the contracts of the megaprojects that exploit natural resources in the country, because 20 years have passed and the country is no longer the same. Daniel Chapo said that over the last 20 years Mozambique has undergone profound changes, including the interests, expectations and vision of its citizens with regard to the exploitation...
Mozambique and Botswana analyze the possibility of implementing a single tourism package
Mozambique and Botswana are analyzing the possibility of implementing a single tourism package so that visitors from different countries around the world have the opportunity to combine beach tourism in Mozambique with inland tourism in Botswana. The intention was shared after a bilateral meeting between the governments of the two countries,...
Cabo Delgado: Insecurity undermines international investor confidence, according to NGO
The insecurity in Cabo Delgado province, caused by recurrent terrorist attacks, is compromising the confidence of international investors and the socio-economic development of Mozambique, according to the Center for Democracy and Human Rights (CDD). According to the CDD, despite recent positive signals from oil giants such as TotalEnergies and ExxonMobil to move forward with their projects...
Renewable energy around the world hit record growth of 15.1% last year
Renewable energy around the world hit a record growth of 15.1% last year, reaching an output of 4,448 gigawatts (GW), according to a new statistical report from the International Renewable Energy Agency (IRENA). According to the report quoted by the newspaper Negócios, the data shows that most of the increase was due to...
Strike generates losses of 6.6 million meticais at the border between Mozambique and Malawi
The Zóbuè border post, located in Tete province and one of the main entry and exit corridors between Mozambique and Malawi, has recorded an estimated loss of around 6.6 million meticais, as a result of the interruption in the collection of road and customs transit fees. According to a report in the newspaper Notícias, the impact...
Mozambique speeds up preparations for World Expo in Japan
Mozambique is speeding up preparations for its participation in the world exhibition, called EXPO-2025, to be held from April 13 to October 13 in Osaka, Japan. The Mozambican delegation intends to showcase its potential in sectors such as mineral resources, energy, fishing, agriculture, tourism, culture and social projects, as well as exposing its image to...
Government to close down mining companies that don't pay tax
The government is going to close down mining companies that don't pay surface taxes. Those affected have up to 15 days to regularize their situation. The Secretary of State for Mining, Jorge Daudo, said, as quoted by "O País", that the measure is aimed above all at ensuring the sustainability and organization of the sector. "The truth is that we are...