img

Mozambiquehub

Trade between China and Portuguese-speaking countries exceeds US$78 billion from January to August

17 October 2017
Trade between China and the Portuguese-speaking countries totalled over US$78 billion between January and August 2017, according to official Chinese figures released by Forum Macau.

IMF calls for clarification before resuming financial aid to Mozambique

16 October 2017
The resumption of financial aid to Mozambique depends on the government clarifying the fate of the funds obtained from loans from Credit Suisse and Russia's VTB bank, the director of the International Monetary Fund's Africa division said in Washington.

Mozambique aims to exceed pre-independence production of cashew nuts

16 October 2017
Mozambique is expected to produce 200,000 tonnes of cashew nuts per year in the short term, said Prime Minister Agostinho Carlos do Rosário, who backed up his statement with investments being made in the cash crop.

Oil and natural gas under discussion this week in Mozambique

16 October 2017
The city of Maputo hosts the "Mozambique Gas Summit" on 19 and 20 October, a conference to take stock of the oil and gas industry in Mozambique, jointly organised by state oil and gas company Empresa Nacional de Hidrocarbonetos (ENH) and event planner CWC.

Energy and manufacturing industry in the Portuguese-speaking countries showcased in Macau

13 October 2017
The energy and manufacturing sectors in the Portuguese-speaking countries were the focus of a meeting held in Macau on Thursday to explain to local entrepreneurs the how the China-Portuguese-speaking Countries Cooperation and Development Fund works, according to official information.

Xtract Resources expands exploration of gold deposits in Mozambique

13 October 2017
Mining company Omnia Mining has begun exploration for gold in alluvial deposits in the western half of the concession that Xtract Resources holds in Mozambique's Manica province, the concessionaire said in a statement released on Thursday.

Forum Macau official calls for strengthening the relationship between member countries

12 October 2017
The Deputy Secretary-General of Forum Macau, Rodrigo Brum, called for further development of relations between the Forum Macau members, with a view to better sharing the results of multilateral cooperation.

Angola is the most difficult Portuguese-speaking country to do business

12 October 2017
Angola is the most difficult Portuguese-speaking country to conduct business, ranking 182nd among 190 countries, according to the "Doing Business 2017 - Equal Opportunities for All," report published on Wednesday by the World Bank.

Angola to return to economic growth in 2017

11 October 2017
Angola was one of the two Portuguese-speaking countries experiencing an economic recession in 2016, with GDP contracting 0.7%, but is expected to return to growth of 1.5% this year, according to the World Economic Outlook of the International Monetary Fund (IMF).

Government of Mozambique approves proposals for review of commercial and land registration codes

11 October 2017
The Mozambican government has approved a proposal to revise the Commercial Code in order to attract "national and foreign private investment and increase the country's competitiveness," the spokeswoman for the Council of Ministers said in Maputo on Tuesday.

Natural gas market sees exponential growth in Mozambique

11 October 2017
Demand for natural gas has grown exponentially in Mozambique over the past 13 years, Deputy Minister of Mineral Resources and Energy Augusto de Sousa Fernando said on Tuesday in Durban, South Africa.

IMF support expected to compel Mozambican government to adopt unpopular measures

10 October 2017
Mozambique's dependence on external financing is expected to force the government to adopt some unpopular political measures in order to regain the support of the International Monetary Fund (IMF), said the Economist Intelligence Unit (EIU) in its latest report on the country.

China-Portuguese-speaking Countries Co-operation and Development Fund explained to Macau companies

10 October 2017
The first promotion session of the China-Portuguese-speaking Countries Co-operation and Development Fund after its headquarters was transferred to Macau will be held on Thursday in an initiative of the Macau Economic Services Bureau, according to an official statement.

Zambezia province to have Mozambique’s first solar power plant

10 October 2017
The financing of the construction of Mozambique's first solar power plant to be built in the Mocuba district of Zambézia province will be completed this month, the president of state power company EdM said on Monday in Maputo.

Mozambique approves 156 investment projects from January to August

9 October 2017
Mozambique's Investment and Export Promotion Agency (Apiex) approved 156 investment projects worth US$558 million in the period from January to August, said the national director of Industry, Mateus Mathusse.

Macau promotes products from Portuguese-speaking countries in Hangzhou

9 October 2017
The Macau Trade and Investment Promotion Institute (IPIM) plans to promote products from Portuguese-speaking countries and contact exchanges in Fuzhou (Fujian), Shenyang (Liaoning) and Wuhan (Hubei) in 2018, according to a statement from the institution.

Mozambican products to have free market access in the European Union

9 October 2017
Products from Mozambique will have access to the European Union market without the imposition of quotas or payment of customs duties, said the national director of Foreign Trade, Amílcar Arone, during a seminar held in Maputo.

Mozambique signs contract for seismic study of Zambezi Delta

6 October 2017
France's Compagnie Générale de Geophysique (CGG) will collect geophysical and geological data from the Zambezi Delta under a contract awarded by Mozambique's National Petroleum Institute (INP), Mozambican newspaper Notícias reported.

CRBC starts laying deck of Maputo-Catembe bridge, Mozambique

4 October 2017
The China Road and Bridge Corporation (CRBC) has placed the first module of the 57 that will make up the main deck of the bridge that will connect the city of Maputo to the town of Catembe, on the other side of Maputo bay, at a ceremony on 1 October.

World Bank supports Mozambican power company with donation of US$150 million

4 October 2017
The World Bank has donated US$150 million to Mozambique to support state-owned power company Electricidade de Moçambique (EDM) to improve the capacity and operational efficiency of the power grid, the World Bank said in a statement.
imgUseful links

Get our latest news

MACAUHUB MACAUHUB
MACAUHUB FRENCH