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investment

Angola plans to invest 16.3 billion euros to electrify half the country by 2027

October 27, 2023 Geraldine Boechat 0

Angola plans to reach an installed capacity of 8,000 megawatts and an electrification rate of 50% by 2027, which will require an investment of 17.2 […]

Tanzania pays $30 million to Winshear to settle dispute

October 17, 2023 Steven Addamah 0

Winshear Gold Corp reports that it has successfully concluded the settlement agreement with the United Republic of Tanzania (“Tanzania”) (collectively the “Parties”) in relation to […]

President of Mozambique calls for Vietnamese investment in the country

September 13, 2023 Steven Addamah 0

President of Mozambique Filipe Nyusi received the Vice President of Vietnam, Võ T. Ánh Xuân, as part of his four-day working visit to Mozambique, “to […]

Mali’s junta adopts new mining law to boost state revenues

August 30, 2023 Geraldine Boechat 0

Mali has adopted a new mining code allowing the military-led government to increase ownership up to a 30% stake in new mineral projects and collect […]

Togolese State acquires minority stakes in Lome-based ASKY

August 22, 2023 Geraldine Boechat 0

The government of Togo acquired on Monday 14.39% stakes of Ethiopian Airlines-backed airline Asky operating from the Togolese capital Lome for a total investment of […]

Oil companies have invested more than €1.8 billion in prospecting in Mozambique since 2006

August 22, 2023 Steven Addamah 0

Since 2006, oil companies in Mozambique have invested more than 1.8 billion euros in hydrocarbon exploration projects that are awaiting development plans or final investment […]

Foreign investment in Mozambique fell 66.8% in the first quarter

August 16, 2023 Steven Addamah 0

Foreign Direct Investment in Mozambique fell 66.8% in the first quarter, compared to 2022, to US$460.1 million (€417.3 million), led by South Africa, according to […]

Mozambique wants to boost economic co-operation with Russia

July 28, 2023 Steven Addamah 0

The President of Mozambique, Filipe Nyusi, on Thursday July 27 encouraged “greater business investment” in order to “boost” economic cooperation with Russia, after meeting in […]

Angola emphasizes investment in means to start building warships

July 11, 2023 Geraldine Boechat 0

The Angolan President Monday highlighted investments in means and shipyards, to start the construction of warships in the country, also contributing to security and combating […]

Cape Verdean economy grew by 6.9% in 2019

May 24, 2023 Geraldine Boechat 0

The Cape Verdean economy grew by 6.9% in 2019, above the initial estimate of 5.7%, according to the final national accounts report for that year, […]

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