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,

Mozambique hires consulting firm to study sale of natural gas

Placed in state newspaper Notícias, the announcement advises that those interested have until 8 October 2014 to submit their proposals. The consultancy services include valuation of potential markets for natural gas

Mozambique among countries with highest growth in 2014

The country recorded a growth of 6.9 percent in the second quarter of 2014, according to figures published last week by the National Statistics Institute (INE). This compared with annual

First vehicles produced in Mozambique on the market

Matchedje Motor, Mozambique’s only national automotive brand, was due yesterday to put the first vehicles produced in Mozambique on the market, the company said in a statement sent to Macauhub

Mozambique | Port of Maputo has greater processing capacity

Osorio Sales Lucas, speaking at the launch of the Joint Operation Centre (JOC) of the Maputo Corridor, which includes rail operators Portos e Caminhos de Ferro de Moçambique, Transnet Freight

Funding to increase fishing in Mozambique

The World Bank funding, which involves the French Development Agency (AFD), is part of the SWIOFish program (“South West Indian Ocean Fisheries”) underway in the southwest Indian Ocean. The funding will

Mozambique’s inflation to total 3 pct in 2014, EIU says

Mozambique’s projected average annual inflation in 2014 has been revised downwards from 3.9 percent to 3.0 percent by the Economist Intelligence Unit (EIU) which also increased the forecast budget deficit

Mozambique | Savannah Resources sees ‘excellent’ results in heavy sands prospecting

The results of a heavy sands prospecting program in Jangamo, Mozambique, are “excellent” and revealed quality surface mineralization’s, British company Savannah Resources said in a statement Thursday. The company said that

Mozambique | Tourism’s contribution to GDP falls

The political and military tension seen in central and northern Mozambique led to the contribution of the hospitality and tourism industry to GDP falling by 4.1 percentage points between 2011

Mozambique | Tax revenues grow

Tax revenues in Mozambique totaled 100.7 billion meticals in the period from January to August, with just one third left to meet the target set out in the country’s Amended

Mozambique exports USD70m in bananas

president of the Confederation of Economic Associations (CTA) with responsibility for agricultural business. Gomes told Mozambican weekly newspaper Domingo that, alongside efforts to produce quality bananas, prices in South Africa had

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