img

Mozambiquehub

China will continue to increase investment in Mozambique, ICBC says

21 February 2019
The representative in Mozambique of the Industrial and Commercial Bank of China (ICBC), Sun Gang Pep, told the "Mozambique-China" workshop that China is interested in increasing investments in the areas of natural resources, namely oil and gas.

Rovuma gas from Mozambique to supply Indonesia

20 February 2019
The US-based Anadarko Petroleum Corporation announced on Tuesday that the Mozambique LNG1 Company Pte. Ltd., a sales company owned by the partners in Rovuma Basin Area 1, has signed another Purchase and Sale Agreement (CCV), this time with Pertamina of Indonesia.

Mozambican government closes company that built Maputo-Katembe bridge

20 February 2019
The Mozambican government has announced the termination of Maputo-Sul, a company that promoted and managed the construction of the Maputo-Katembe bridge, the roads connecting Maputo to the Ponta D'Ouro border, Boane to Bela Vista, and the Maputo ring road, the Mozambican state news agency AIM reported.

First export of gas from the Rovuma basin in 2022, ENI says

19 February 2019
Italian oil company ENI has announced that progress on the Rovuma basin project in Mozambique is on schedule and that the first gas export is due in the second half of 2022.

Public-private partnership in Mozambique in solar energy provides electricity to 2 million people

19 February 2019
The Mozambican government wants to provide access to electricity to around 2 million people through a public-private partnership to install solar panels in several districts of the country.

Government of Mozambique to launch public tender for management of Beira fishing port

18 February 2019
The Mozambican government plans to launch a public tender for the management of Beira's fishing port this year, according to Rádio Moçambique.

Government of Mozambique wants to end 2019 with a bank branch in each district

15 February 2019
The Mozambican government plans to reach the end of 2019 with a bank branch opened in all 154 districts of the country, the Council of Ministers spokesperson said in Maputo this week.

World Bank helps Mozambique reduce carbon emissions

15 February 2019
The World Bank has announced that it will grant up to US$50 million to Mozambique to help the country reduce carbon emissions and deforestation, according to a statement released this week in Washington.

Mozambique’s domestic public debt continues to rise, central bank says

14 February 2019
Mozambique's domestic public debt including Treasury Bills, Bonds and advances from the Bank of Mozambique reached 112.525 billion meticais (US$1.787 billion) at the end of January, the central bank said.

Economist Intelligence Unit says Mozambique is an “authoritarian regime”

14 February 2019
Mozambique is currently defined as an "authoritarian regime," with a rating of less than four out of ten possible points, according to the Democracy Index of the Economist Intelligence Unit.

Indian group plans to start importing natural gas from Mozambique in 2024

13 February 2019
Indian state group Bharat Petroleum Corporation Ltd (BPCL) plans to import natural gas extracted from the Rovuma basin in Mozambique within five years, a group official said.

Mozambican government creates entity to develop Mphanda Nkuwa dam

13 February 2019
The Mphanda Nkuwa Hydroelectric Project Implementation Office (Gmnk) will be the entity responsible for coordinating and carrying out the necessary actions for the development of the project, according to the Mozambican Ministry of Mineral Resources and Energy.

Final investment decision for Mozambique’s Area 1 block, scheduled for March/April

12 February 2019
A final investment decision for the exploration of natural gas deposits in the Rovuma Basin Area 1 block, northern Mozambique, is expected to be made in March/April, said the chairman of state-owned oil and gas company Empresa Nacional de Hidrocarbonetos.

Australian company sells graphite mining assets in Mozambique

11 February 2019
New Energy Minerals has signed a binding agreement with Auspicious Virtue Investment Holdings for the sale of its remaining 50% stake in Balama Properties Pty Limited in Mozambique, the Australian company said in a statement issued on Friday.

Gemrock acquires ruby mining licenses in Mozambique

11 February 2019
Gemrock, a subsidiary of Indian group Diacolor International DMCC, has acquired all of Regius Group's assets in Mozambique, which include six licenses for ruby mining, the Diamond World website reported.

Shell, Centrica and Tokyo Gas buy natural gas to be extracted in Mozambique

8 February 2019
Mozambique LNG1 Company Pte. Ltd., the trading company of the partners in Mozambique's Area 1 Block, has signed natural gas sales contracts with the Shell group and British groups Centrica and Japan's Tokyo Gas Co, the Anadarko Petroleum group reported in statements released in Houston.

Mozambique is expected to produce 140,000 tonnes of cashew nuts in 2018/2019

8 February 2019
Mozambique is expected to produce 140,000 tonnes of cashew nuts in the 2018/2019 year, said the head of the Technology Development division of the Nampula delegation of the National Cashew Institute (Incaju), Halahala Abdurremane.

Chinese group CNOOC buys natural gas to be extracted in Mozambique

4 February 2019
The China National Offshore Oil Corporation (CNOOC) will buy 1.5 million tons of natural gas per year to be extracted and processed in Mozambique over a 13-year contractual period, US group Anadarko Petroleum said.

Anadarko Petroleum needs armoured vehicles for Mozambique

1 February 2019
US-based group Anadarko Petroleum plans to acquire a fleet of six armoured vehicles for the natural gas project in the Rovuma basin in northern Mozambique, according to an announcement posted on Thursday in Mozambican daily newspaper Notícias.

Trade between China and Portuguese-speaking countries increases 25% in 2018 to US$147.354 billion

31 January 2019
The value of trade between China and the Portuguese-speaking countries reached US$147.354 billion in 2018, an increase of 25.31% year-on-year, according to official Chinese figures released by Forum Macau.
imgUseful links


Get our latest news

MACAUHUB MACAUHUB
MACAUHUB FRENCH