Tag: Mozambique

18 September 2017

Tourism is growing significantly in Africa and Mozambique is one of the destinations that has benefited from the increase in the number of foreign tourists, according to figures released by the Euromonitor International consultancy.

11 September 2017

US group ExxonMobil has acquired a stake in the operator of Mozambique’s northern Area Block 4, where its partners are Italian group ENI (35.7%) and the China National Petroleum Corporation (28.6%).

28 August 2017

The Mozambican economy has been showing signs of revival, with the economy accelerating, the currency gaining value and international reserves being restored after a difficult year in 2016, analysts indicate.

7 August 2017

Even after two central bank interventions, the Mozambican banking sector has shown itself to be quite flexible at a time when the country’s economy is undergoing a process of accelerated growth following the very difficult year of 2016, analysts indicate.

10 July 2017

The availability of European funds to finance cooperation projects in Africa is large, but there is a lack of well-prepared projects, particularly in Portuguese-speaking African countries, according to the president of the Portuguese Development Finance Society (Sofid).

19 June 2017

The role played by Macau as a platform in the relationship between China and Portuguese-speaking countries is viewed with renewed interest by economic agents due to the establishment in the Special Administrative Region of the headquarters of the Fund for Cooperation and the “Belt and Road” initiative drawn up by the central government of China.

12 June 2017

The first of the two major natural gas projects will make Mozambique a major energy producer in the world, with Asia and especially China being the main market for the product.

22 May 2017

The political and security situation has stabilised in Mozambique in recent months, but the financial situation is still very delicate and leads investors to view the country with concern, according to the Africa Monitor.

8 May 2017

The projects that could transform Mozambique into one of the world’s largest producers of natural gas are about to begin, with some of the largest groups in the sector, such as the China National Petroleum Corporation, looking to Asia as the market for their products.

24 April 2017

Angola and Mozambique are among the 10 tourist destinations that are expected to record greater growth in demand for leisure travel in the next decade, according to the latest report on the competitiveness from the World Economic Forum.

6 March 2017

Continued low commodity prices have led countries such as Angola, Equatorial Guinea and Mozambique to place greater urgency on economic diversification, at a time when the industrialisation of Africa has the support of major international partners, especially China.

6 February 2017

The isolationist trend in the foreign policy of the new US administration, particularly towards Africa, has led some analysts to predict that the Chinese “One Belt, One Road” strategy will take on an …

2 February 2017

The International Monetary Fund (IMF) approved the Mozambique government’s policy to pay bilateral and multilateral loans and to fail to pay commercial debt related to US$2 billion in previously “hidden debt,” the Africa Monitor newsletter reported.

23 January 2017

Portuguese-speaking countries should be the “stars” of economic growth in 2017 in Africa, a continent that is expected to see a slight recovery, according to the most recent economic forecasts from international institutions.

28 December 2016

The analysis and dissemination of the opportunities offered by the official Chinese initiative of the New Silk Road for the Portuguese-speaking countries is the goal of a study group set up in Lisbon,…

19 December 2016

Relations between China and the Portuguese-speaking countries were marked in 2016 by the 5th Ministerial Conference of Forum Macau, which reinforced the importance of the Special Administrative Region, the Chinese currency and industrial partnerships.

5 December 2016

A presence in Africa is one of the main factors that has attracted Chinese investors to the privatisations of Portuguese companies in recent years, and investment is expected to continue, according to journalists Anabela Campos and Isabel Vicente.

7 November 2016

Cabo Verde and Mozambique are among the most favourable African countries to the economic and political interests of China, and especially value investment in infrastructure and business, according to the first survey on the subject in Africa.

31 October 2016

Smaller, though also more diversified: small economies of the Portuguese language world such as Guinea-Bissau and Cabo Verde have better growth prospects in 2016 than larger ones such as Angola that are more dependent on commodities.

17 October 2016

The high level of the participants in the Forum Macau Ministerial ConferaThe high level of the participants in the Forum Macau Ministerial Conference 2016 is interpreted by analysts as a sign of the growing importance of the Portuguese language block in the international projection to which China is committed.ence 2016 is interpreted by analysts as a sign of the growing importance of the Portuguese language block in the international p…

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