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...
For the first time, the province of Nampula is taking part in the Lisbon Tourism Exchange (BTL), in Portugal, in an event where it is advertising its tourism potential and seeking partnerships for the recovery of the sector. The event, which runs from yesterday (12) until the 16th of this month, discusses the challenges facing tourism in the face of the emergence of new technologies, especially the use...
The Ministry of Mineral Resources and Energy (MIRERE) has committed itself to creating an energy future that respects the environment and promotes economic and social development through access to energy for all by 2030. The National Energy Director, Marcelina Mataveia, said that as well as ensuring access to energy, the institution's mission is...
Last year, the Mozambique Sovereign Fund (FSM) received 84.72 million dollars in revenue from the extractive industry, mainly oil and natural gas exploration. Overall, the FSM has already deposited 158.8 million dollars, including the amount for 2022 and 2023. The revenues are deposited in the Transitional Account based...
The President of TotalEnergies in Mozambique, Maxime Rabilloud, assured this week in Pemba that the project to explore liquefied natural gas (LNG) in Area 1 of the Rovuma Basin would continue. Cabo Delgado: TotalEnergies suspends subcontracts for Mozambique LNG project "Everyone knows that we are still in a Force Majeure situation. I even...
The Minister of Mineral Resources and Energy, Estêvão Pale, yesterday defended investment in energy transportation lines on the continent in order to make better use of the energy potential of countries like Mozambique. HCB CEO: Mozambique must "block" energy solutions from neighboring countries to maintain regional hegemony Pale was speaking during a meeting held recently in...
The American multinational ExxonMobil said yesterday in Maputo that it will contract 70% from Mozambican companies to supply goods and services for the Rovuma LNG project to explore natural gas in Area 4 of the Rovuma Basin, in Cabo Delgado province. Meeting with Mozambican and foreign suppliers, the Director of Public and Government Relations at...
The Brazilian company Petróleos Brasil (Petrobras) intends to acquire oil fields on the African continent and has already set its sights on three main countries, Angola, Namibia and South Africa, according to Petrobras' Director of Exploration and Production, Sylvia Anjos, in New Delhi, India. She said that the Brazilian state-owned company is in talks with oil companies...
The African Development Bank (AfDB), through its Africa50 Fund initiative to support the continent's states, intends to inject up to 800 million dollars into the energy infrastructure sector. According to the announcement made a few days ago by Alain Ebobissé of the Pan-African Foundation, during the Choiseul Africa Summit in Cotonou, Benin, the platform aims to...
TotalEnergies is suspending all its subcontracts with companies based on the Afungi peninsula in Cabo Delgado province. The companies have already been instructed to cease activities and contracts with thousands of workers. CCS Joint Venture (Chiyoda, McDermont and Saipem), for example, has already been ordered by the French multinational to...