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investment

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, […]

Morocco’s King Approves Additional Funding for Water Resilience

May 9, 2023 Khalid Al Mouahidi 0

King Mohammed VI, who spearheads Morocco’s farsighted water strategy, has given his instructions to increase the investment earmarked for the National Program for Drinking Water […]

Mozambican government seeks “strategic partnership” with Japan

May 4, 2023 Geraldine Boechat 0

Mozambique’s government wants a “strategic partnership” in cooperation in various sectors with Japan. “Japanese businessmen know a lot about the investment opportunities that the country […]

Sao Tomean President wants “solid and robust autonomy” for the island of Principe

May 2, 2023 Steven Addamah 0

The President of Sao Tome and Principe defended “a solid, robust autonomy” serving the real interests of the Autonomous Region of Principe, but without jeopardizing […]

Cape Verde: implementing sustainable development plans requires huge investment

March 16, 2023 Steven Addamah 0

The Cape Verdean Prime minister yesterday indicated public investment, but also private investment, from civil society and international partners are essential to finance the policies […]

Mocímboa rehabilitates port that rebels occupied in Mozambique

March 13, 2023 Steven Addamah 0

“In this first phase we are talking about an investment of about six million dollars [5.6 million euros], but at the end of the entire […]

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  • AU Executive Council Concludes 48th Session with Renewed Push for Unity and Development
  • Safran to set up landing gear systems plant in Casablanca
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