Mozambique – Page 8

China’s investments in Mozambique should boost productive capacity – ambassador

28 November 2018

China's investments in Mozambique should be give priority to projects that promote productive capacity, Ambassador Maria Gustava said in an interview with English-language magazine Macao.

Ncondezi Energy’s thermal plant in Mozambique expected to start operating in 2023

28 November 2018

Ncondezi Energy intends to start commercial exploration of a 300-megawatt coal-fired power station and coal project in Tete province, central Mozambique, in the first half of 2023, the company said in a statement.

Mozambique’s public debt in 2018 is expected to exceed Gross Domestic Product

27 November 2018

Mozambique's public debt is expected to reach 102.5% of gross domestic product (GDP) at the end of the year, with the economy likely to grow by 3.5%, Fitch Ratings said in an analysis report on the country's economy.

Natural gas exploration in Mozambique presses on resolutely

27 November 2018

The natural gas extraction and liquefaction industry in Mozambique appears to have been launched, after many years of delays and deliberations, according to the China-Lusophone Brief (CLBrief), a news service on China and the Portuguese-speaking countries.

Government of Cabo Delgado, Mozambique, wants to revoke unused mining prospecting licenses

26 November 2018

The provincial government of Cabo Delgado, northern Mozambique, wants the licenses issued for mining prospecting and research that are not being used to be revoked, the provincial governor said, quoted by daily newspaper Noticias.

João Ferreira dos Santos Group builds cooking oil refinery in Mozambique

26 November 2018

Construction work on a cooking oil refinery in the city of Cuamba, in Niassa province, northern Mozambique, of the João Ferreira dos Santos Group, is due to begin in February 2019, said one of the group's officials.

Growth of Mozambican economy expected to be over 4.0% in 2019

23 November 2018

Mozambique's economy is expected to grow in the range of 4.0% to 4.7% in 2019, with the forecast inflation rate to be around 6.0%, according to a statement from the International Monetary Fund's (IMF) technical mission.

Business people from Anhui meet in Maputo with counterparts from Mozambique

20 November 2018

Business people from China and Mozambique have gathered in Maputo to boost bilateral trade cooperation, particularly in engineering, construction and agriculture projects, the Xinhua news agency reported.

Mozambique connects all 152 district capitals to the national grid

20 November 2018

The electrification of the 152 district capitals of Mozambique was completed last Friday with the connection of Luabo, in the central province of Zambézia, to the national electricity grid, an official from state-owned Electricidade de Moçambique (EdM) reported.

Concession holder invests in capacity increase at Beira port in Mozambique

16 November 2018

The Mozambican government has approved an additional investment of US$290 million in the port of Be by concession holder Cornelder de Moçambique (CdM), the China-Lusophone Brief (CLBrief) reported.

Cabo Verde wants to achieve full mobility in the Community of Portuguese Speaking Countries

15 November 2018

Cabo Verde (Cape Verde) "will do everything" it can to ensure that the full mobility of citizens within the Community of Portuguese Speaking Countries (CPLP) space is guaranteed "as soon as possible," said the Cape Verdean President.

New Executive Secretary of the CPLP takes office on 15 December

15 November 2018

Portuguese ambassador Francisco Ribeiro Teles takes office on 15 December as the new executive secretary of the Community of Portuguese Speaking Countries (CPLP), said on Wednesday the Cape Verdean Minister of Foreign Affairs and Communities.

Logistics Base of Pemba, Mozambique, may receive ships from January 2019

15 November 2018

The Pemba Logistics Base (BLP) in Cabo Delgado province, northern Mozambique, is expected to be able to receive ships in January 2019, said the operational director at Portos de Cabo Delgado.

CPLP entrepreneurs call for free movement within the community of countries

14 November 2018

The Business Confederation of the Community of Portuguese Speaking Countries (CE-CPLP) hopes that during the Cape Verdean presidency of the organszation the issue of mobility will be overcome, said Jorge Spencer Lima, the outgoing vice president.

Permanent Office of Forum Macau visits four Portuguese-speaking countries

14 November 2018

A delegation from the Permanent Office of Forum Macau is due on 17 November to end a tour to Mozambique, Angola, Portugal and São Tomé and Príncipe, the support office said.

Mozambique revitalises production of sisal

14 November 2018

The production, processing and export of sisal fibre from Mozambique will be the subject of new regulation, which is currently under development, said the director general of the Mozambique Cotton Institute.

Syrah Resources signs another contract to sell graphite to Chinese company

13 November 2018

Syrah Resources has signed two new contracts for the sale of graphite to be extracted at the Balama mine in northern Mozambique, one of which is with China's Qingdao Freyr Graphite Co., Ltd, the Australian company said in a market filing.

Maputo-Katembe Bridge inaugurated in Mozambique

12 November 2018

The Maputo-Katembe Bridge, which connects the two banks of the bay of Mozambique's capital, was inaugurated on Saturday after more than four years of construction and a cost over US$750 million, the Mozambican media reported.

Mozambique wants to hold meeting of creditors of undeclared debts in 2019

9 November 2018

The Mozambican government intends to bring together the creditors of undeclared loans at a meeting to exchange debt in the first quarter of 2019, the economy and finance minister said on Thursday in Maputo.

Vale Moçambique plans to produce 20 million tons of coal annually by 2021

9 November 2018

Vale Moçambique intends to achieve production of 20 million tons of coal annually by 2021, the financial director of Brazilian group Vale said on Thursday in Maputo.

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