5 January 2016
Germany will grant a loan of 29 million euros to Mozambique to support projects aimed at improving the electricity supply in the country, state power company Electricidade de Moçambique (EdM) said Monday in a statement. EdM also said that of that amount, 20 million euros would be invested in the Mozambique/Malawi power transmission line and the remaining 9 million euros would finance the state's short-term investment plan.
4 January 2016
Trains loaded with coal which will link Moatize, in Mozambique's Tete province to the port of Nacala, in Nampula province, should start circulating soon, the provincial director for Transport and Communications of Tete said. Romeo Sandoca told Mozambican news agency AIM that everything was in place for the start of the transport of coal mined in the province, "given that the railway line is fit for the purpose, having been inspected and tested in November, when the first shipment of coal was carried to the port of Nacala."
14 May 2012
The Mozambican government needs US$100 million for the project to create the Nacala-Porto duty free industrial area, in the northern province of Nampula, the minister for Planning and Development, Aiuba Cuereneia said in Nacala. According to Mozambican news agency AIM, the minster said that the investment was needed to build the power transmission lines, water … Continue reading "Mozambique needs US$100 million to create Nacala-Porto industrial duty free area"