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.
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.
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.
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.
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.
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.
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 …
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.
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.
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,…
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.
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.
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.
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.
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…
The Ministerial Conference of the Forum for Economic and Trade Cooperation between China and the Portuguese-speaking countries that began on Tuesday in Macau, is the highest level of all previous conferences, which is a sign of the growing importance and complexity of this multilateral relationship.
Coal prices on international markets have more than doubled since the beginning of the year, allowing mining projects to resume and improving the prospects for infrastructure projects in Mozambique.
The recent state visit of the President of the Republic of Mozambique Filipe Jacinto Nyusi to Beijing this past May confirms the commitment of both countries to strengthening their relationship. The two countries have agreed to increased bilateral cooperation in areas such as politics, security, economy, trade and culture.
From the pristine, vast beaches of the Quirimbas Islands in the north to the colonial-style café esplanades in the capital of Maputo, Mozambique is a place of sun and leisure not exactly known for being a fast-paced destination. But in a time when heated discourse over the country’s recent economic downturn rises above the coffee-shop din, many events are quickly unfolding for a nation previously considered the paragon of economic development on the African continent. And no change can rival that of Mozambique’s evolving relationship with China.
Mozambique’s energy sector, which includes major projects being launched by Chinese companies, offers the country the best prospects to overcome the current adverse economic period, analysts have indicated.
Commercial banking in Mozambique has managed to maintain high growth rates, but recent adversity in the economy may bring changes to the banking landscape, including mergers and acquisitions, according to analysts.
