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Mozambiquehub

China awards 100 more scholarships to young people from Mozambique

23 June 2017
China will increase support for training Mozambican youth by awarding another 100 scholarships to pursue university studies, the Mozambican ambassador to Mozambique said on Monday in Maputo.

Portuguese-speaking entrepreneurs meet in Maputo in October

23 June 2017
The Business Confederation of the Community of Portuguese Speaking Countries (CE-CPLP) will hold the 1st CPLP Economic Conference in Maputo, Mozambique, on 18 and 19 October, the CPLP vice-president said in the Portuguese city of Matosinhos on Wednesday.

South African bank manages departures hall at Mozambique’s main airport

22 June 2017
The First National Bank of South Africa will start managing a new departures hall at Maputo International Airport for the next five years, with an additional five-year renewal option under a partnership established with National Aviation Services, the bank said in a statement.

Mozambican government approves concessions related to natural gas

21 June 2017
The Mozambique LNG Marine Terminal Company will design, build and operate the maritime liquefied natural gas (LNG) terminal, whose terms and conditions have been approved by the government, the Council of Ministers spokesperson said on Tuesday in Maputo.

Mozambican government approves regulation on timber exports

21 June 2017
Exports of timber and logs are banned in Mozambique under a regulatory decree to promote the rational and sustainable use of the country's forest resources, the Council of Ministers spokesperson said on Tuesday in Maputo.

Bank of Mozambique introduces minimum liquidity ratio for the banking sector

20 June 2017
The Bank of Mozambique's Monetary Policy Committee has decided to introduce a minimum liquidity ratio, setting it at 25%, "as a percentage of short-term commitments invested in liquid assets," the central bank said in a statement released on Monday in Maputo.

Xtract Resources Group hires two companies to mine gold in Manica, Mozambique

20 June 2017
Explorator Limitada, a subsidiary of the Xtract Resources group, has hired Omnia Mining and the Moz Gold Group to mine alluvial gold deposits in the mining concession it owns in Manica, in central Mozambique, the group announced in a statement in London.

Rubies from Mozambique sold at an auction in Singapore

20 June 2017
A new auction of rubies mined in Mozambique held in Singapore allowed Montepuez Ruby Mining, Lda to obtain revenues of US$54.8 million, said the company, which is a partnership that is 75% owned by Gemfields and the remaining 25% by Mozambique's Mwiriti. Lda.

Praia meeting is a success, says president of Cabo Verde TradeInvest

19 June 2017
The meeting of businesspeople from China and Portuguese-speaking countries was a "huge step" for investments to be made in Cabo Verde (Cape Verde), said the president investment agency Cabo Verde TradeInvest on Friday in Praia.

Mozambique to be connected to South Africa by a new road

19 June 2017
The construction of the Mapinhane-Pafuri regional road (N222), which covers the provinces of Inhambane, Gaza and Maputo, in southern Mozambique, is expected to begin in May 2018 and be completed three years later, a representative of South African company Capital Projects said in Inhambane.

Forum in Inhambane, Mozambique, ends with several investment projects

19 June 2017
The forum to attract investors to various infrastructure projects in the capital of Inhambane province, southern Mozambique, has resulted in the establishment of partnerships for investments estimated at US$1.5 billion, said the provincial governor.

Coal is Mozambique’s biggest export in first quarter

15 June 2017
Coal was Mozambique's biggest export in the first quarter of 2017, overtaking aluminium, according to the first Monthly Summary of Statistical Information published on Tuesday by the Bank of Mozambique.

Mozambique returns to economic growth, President says

15 June 2017
Mozambique is showing clear signs of overcoming the obstacles it has faced for some time, the President of the Republic said on Wednesday in Washington, noting that the country has returned to economic growth and development.

Freight trains return to Niassa province, Mozambique

15 June 2017
The first freight train since 2010 to travel to the city of Lichinga, northern Mozambique, left the city of Nacala on Wednesday and is due to reach the capital of Niassa province on Friday after travelling 890 kilometres, the Northern Development Corridor (CDN) company said on Thursday.

Luso-Chinese consortium hired to build railway in Mozambique

14 June 2017
The consortium made up of Portuguese construction group Mota-Engil and the China National Complete Engineering Corporation has signed a contract with Thai Moçambique Logística to build a 500-kilometre railway in Mozambique, the group said in a market filing.

Government of Mozambique facilitates business activities

14 June 2017
The Mozambican government has approved a simplified regulation to carry out business activities in order to attract more investment and improve the country's business climate, said the new Cabinet spokeswoman, Ana Comoana.

Inhambane province, Mozambique, seeks investors for development projects

14 June 2017
The city of Inhambane, capital of the Mozambican province of the same name, on Thursday and Friday is hosting an investor forum to attract people interested in various infrastructure projects, including roads, that will allow the region to develop socially and economically, Mozambican daily newspaper Notícias reported.

Natural gas under debate in Mozambique again in October

14 June 2017
The fourth edition of the Mozambique Gas Summit and Exhibition will take place from 18 to 20 October at the Joaquim Chissano International Conference Centre in Maputo, organised by the CWC group, which runs events related to the oil, gas and infrastructure sectors.

President of Mozambique seeks investments on visit to the United States

13 June 2017
The President of Mozambique on Tuesday will begin a three-day working visit to the United States of America, which is seen as an opportunity to strengthen political, economic and business relations, Mozambican news agency AIM reported.

Entrepreneurs from Macau and China attend business meeting in Cabo Verde

13 June 2017
More than 150 Chinese and Macau entrepreneurs leave for Cabo Verde (Cape Verde) on Thursday to attend the "Meeting of Entrepreneurs for Economic and Trade Cooperation between China and Portuguese-Speaking Countries Praia 2017" to be held in the capital city from 16 to 18 June.
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