Four times more licenses for mining projects were granted in the conflict period than in the previous 14 years
Markets
IMF minimizes the impact of Total's project suspension for the national economy
The Resident Representative of the International Monetary Fund (IMF), Alexis Meyer Cirkel, expects a robust recovery of the Mozambican economy in the short and medium term, stressing that there will be no major impact from the suspension of Total's LNG Project in Afungi, because the level of interconnection of the domestic economy to this project is still very low
Millennium Challenge Corporation resumes support to Mozambique
The United States resumes support for Mozambique under the Millennium Challenge Corporation program after 17 months of suspension
Government launches this Friday "Industrialize Mozambique" program
The Ministry of Industry and Commerce (MIC) will proceed, this Friday, in Manica province, the launching of the National Program "Industrialize Mozambique
Mozambique wants more trade and agricultural cooperation with China
Mozambique's Deputy Minister of Agriculture and Rural Development, Olegário dos Anjos Banze, said last week that Mozambique wants to expand agricultural trade with China
ADB has already invested about 600 million dollars in projects in Mozambique
The African Development Bank (ADB) has invested about 600 million dollars in Mozambique in the last four years in agriculture, transport and rural electrification projects
ADB provides 45 M$ for agricultural infrastructure development in Gaza
The African Development Bank (ADB) will provide $45 million to finance the second phase of the project to develop agricultural infrastructure in Gaza
Egyptian multimillionaire launches La Mancha fund responsible for largest gold mining company in West Africa
Egyptian billionaire, Naguib Sawiris, has launched a €1.19 billion fund to manage his investments in the gold mining business
Find out which are the most expensive tourist destinations in the world
Planning a vacation always requires attention to the cost of living at the destination. While some prices may be quite affordable, others may exclude a particular country right from the start.
Mozambique will have more cement plants
The strategy being followed by the Government aims to stimulate more investments capable of producing and placing the final product with quality and at competitive prices, and soon a cement plant will be installed in the district of Chibabava, province of Sofala, another one in Vilankulo, province of Inhambane, and the third one in the province of Cabo Delgado
Mozambican fish already supplying SADC countries
About a thousand tons of various fish, caught in the Cahora Bassa Reservoir in Tete, were exported in the first half of this year, to some countries of the Southern African Development Community
Suspension of gas project had direct impact of $116 million
Palma district had an estimated direct negative impact of $116 million