The government says it is studying ways to revive dormant industries in some parts of the country. The Minister of Industry and Trade, who was speaking on Friday in Boane after the inauguration of the Beleza Mozambique factory by the President of the Republic, explained that the recovery process of dormant industries should be accompanied by a study...
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Japan's Mitsui "optimistic" about natural gas project recovery
The chief executive officer of Japanese multinational Mitsui expressed "optimism" about the Area 1 natural gas project in the north of the country, hailing progress in restoring security in the region, a government source said Wednesday
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Mozambique creates management unit for Kimberley process, precious metals and gems
The Council of Ministers approved, this Tuesday, the revision of the decree, which creates the Kimberley Process Management Unit, Precious Metals and Gems
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Tranquility in Cabo Delgado will dictate resumption of gas investments
The Minister of Mineral Resources and Energy, Max Tonela, says that the re-establishment of security conditions in Cabo Delgado is determinant for the resumption of investors in the area of natural gas in Palma
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France approves Europe's first investment fund linked to bitcoin
The French Financial Markets Authority (AMF) has approved the launch of a fund linked to the digital currency bitcoin for the first time in Europe, fund manager Melanion Capital, which is at the origin of this financial product, announced this Tuesday
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Mozambique on the "right track" to sell certified diamonds on the international market
The Council of Ministers announced this Tuesday that the country is on the "right track" in complying with the international procedures required for the sale of certified diamonds, under the so-called Kimberley Process
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Mota-Engil increases mining contract with Vale Mozambique by $427 million
Mota-Engil announced this Monday the increase by 427 million dollars, the amount of the mining contract in Mozambique, bringing the total to 871 million dollars
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Experts consider that heavy sands extraction in Tete generated more losses than gains
Specialists in extractive industry matters say that after 16 years, Vale's performance in Mozambique generated more losses than gains. For the specialists, Tete could not be "El Dourado" because the Mozambican government did not have an agenda to make that province a truly developed area.
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Mozambique will soon have eight agricultural processing centers
At least eight processing centers for agricultural products will be created in the near future, in different parts of the country, in what constitutes the first phase of implementation of the National Program to Industrialize Mozambique, launched Friday in Vanduzi, Manica province, by the President of the Republic, Filipe Nyusi
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"The industrialize Mozambique program should contribute to increased industrial production"
The President of the Republic Filipe Nyusi challenges the national business community to take on the industrialize Mozambique program, focused on the government's strategies for the country's socio-economic development