Japan funds construction of electrical substation in Mozambique

Japan will donate USD18.5 million for the construction of a new electrical substation in Namialo, Meconta district, in Nampula province, northern Mozambique, the Japanese International Cooperation Agency (JICA) said in

Mozambique | Work on the Sena Railroad completed in 1Q 2015

Work to boost the capacity of the Sena Railroad in Mozambique from 6.5 million tons to 20 million tons of cargo per year are in the final stages, said the

Mozambican rubies auctioned for USD43m in Singapore

The latest uncut Mozambican ruby auction carried out by British company Gemfields in Singapore raised USD43.3 million, the company said. In a statement, the company said the auction of rubies mined

World Bank supports fight against poverty in Mozambique

The World Bank will support the Mozambican State Budget with funding of USD110 million to be invested in poverty reduction programs under an agreement signed Thursday in Maputo. The Minister of

Mozal is largest company in Mozambique in 2013

The Mozal aluminium foundry is once again the largest company in Mozambique, a position it has held for more than a decade, according to the list of Mozambique’s 100 Largest

Mozambique | World Bank lends USD110 million for poverty reduction

The World Bank approved a  USD110 million loan  to support the Mozambican State Budget and the country’s official plan to reduce poverty for 2014, the World Bank said in a

Mozambique among the 3 African economies with highest growth by 2019

Mozambique is one of three countries that stand out for their growth in Africa, a continent that will become increasingly important in economic terms in the coming years, according to

Armando Guebuza inaugurates roads in northern Mozambique

The Auasse/Mocímboa, Praia/Palma and Macomia/Auasse roads in the province of Cabo Delgado, northern Mozambique, with a combined length of 225 kilometres, were inaugurated Tuesday by the country’s President, Armando Guebuza,

Briefs | Mozambique: Statistics Institute prepares 2nd Company Census

The National Statistics Institute of Mozambique (INE) is due in 2015 to begin the second Companies Census and preparatory work is currently underway, Mozambican newspaper Notícias reported. The newspaper added

Mozambique Agriculture represents 24 pct of country’s economy

Clemente acknowledged that agriculture, practiced mostly by small family farms, still has some weaknesses, characterized by weak links with markets and reduced use of agricultural inputs and modern technology. He said,

Mozambique speeding up economic reforms, minister says

Mozambique’s minister of Industry and Trade, Armando Inroga, has given assurances that the government is speeding up the introduction and implementation of economic reforms in order to improve the country’s

Joint Mozambique S Korea plant to assemble Hyundai cars

An assembly plant of South Korean car brand Hyundai was inaugurated Thursday in the industrial zone of the city of Matola, near Maputo, as part of a Mozambican-South Korean partnership,

Mozambique | Gov’t prepares eight new contracts for coal mining

The government of Mozambique will sign eight new contracts for coal mining within two years, the Mozambican Minister of Mining Resources revealed  Wednesday in Maputo. Minister Esperança Bias said that six

Air France-KLM plans to start flying to Mozambique

president Frank Legre. Speaking to financial news agency Bloomberg, Legre said routes include direct links between Maputo and Paris and between Paris and Port Gentil, one of Gabon’s oil centres. Air France

Mozambique | Production of raw cotton expected to reach 200,000 tons

The production of raw cotton in Mozambique will increase to 200,000 tons in 2020, the national director of the Mozambique Cotton Institute (IAM) said recently in Namialo, Nampula province. Norberto Mahalambe

Forum Macau Fund supports projects in Mozambique and Angola

The China-Portuguese Speaking Countries Fund for Cooperation and Development has approved two projects in Angola and Mozambique valued at USD10 million each, said the Secretary-General of the Permanent Secretariat of

Mozambique | Norway provides funding for the electricity sector

Norway plans to grant USD90 million to support construction of a power transmission line from Tete to Maputo in Mozambique. The Norwegian ambassador to Mozambique, Mette Masst told Mozambican daily

Mozambique Peace agreement at stake as country elects new leader

Mozambicans formed long lines outside polling stations to vote in elections that will test the durability of a peace deal signed last month to end almost two years of sporadic

Anantara Hotels, Resorts & Spas opens new resort in Mozambique

To reach the Anantara Medjumbe Island Resort & Spa, which had just 12 villas, requires a 45-minute flight from Pemba International Airport, which has domestic links to Maputo, the capital

Mozambique | Government launches tender to grant new oil blocks

The tender, which is scheduled for 23 October in London, includes three offshore concession off the coast of Cabo Delgado province, in the eastern area of the Rovuma sedimentary basin,

WP2Social Auto Publish Powered By : XYZScripts.com