The concessionaire company of the container terminal at the Port of Maputo announced this Monday a dedicated rail link between the Mozambican capital and Harare, capital of Zimbabwe
Economy
Gorongosa Park exports coffee to the USA, England and Portugal
Gorongosa National Park exported eight tons of coffee in the first quarter of this year to the United States, England and Portugal
Government relies on renewable energy for power grid expansion
The Minister of Mineral Resources and Energy said on Thursday that the focus on renewable energy is key to expanding access to electricity
US inflation beats estimates and rises 5% year-on-year
Inflation in the United States recorded a 5% increase over the past 12 months, beating analysts' estimates
João Figueiredo candidate for the African Banker of the Year award
Moza Banco's CEO, João Figueiredo, is one of the nominees for the African Banker of the Year award
World Bank makes $150 million available for rural economy in Mozambique
The World Bank (WB) announced a US$150 million donation from the International Development Association
Megaprojects earn the State about 8 billion Meticais in the 1st quarter
The megaprojects installed in the country contributed 7.8 billion Meticais to the State's coffer from January to March, against 6 billion Meticais registered in the first quarter of 2020
Construction of Cuamba Solar Power Plant starts soon and costs 32 million dollars
The Minister of Mineral Resources and Energy, Max Tonela, will lay Friday in Cuamba, in the north of the country, the first stone for the construction of a solar power plant
Vale Anticipates Settlement of 2.5 MM$ to Exit Mozambique Coal
Vale will anticipate paying off a US$2.5 billion bank debt related to investments in Mozambique to move forward with the sale of its coal business in the country
Liquidation commission has 18 months to extinguish Correios de Moçambique
After the Government decided on the extinction of the public company Correios de Moçambique, last May 25th, it was indicated this Tuesday, a liquidation commission that will lead the process until the end
World Bank improves growth forecasts, but warns of inequalities
The world economy will grow 5.6% this year, up from 4% forecast in January, but growth will be uneven
ADB announces $1 million support for local content
The African Development Bank Group has approved a $1 million grant to boost local content...