Mozambican hydrocarbons company’s profits fall 15.5% to 49.1 ME
Companhia Moçambicana de Hidrocarbonetos (CMH) reported, in the financial year ending June 2023, profits of €58.1 million, marking a 75% increase compared to the same […]
Mozambique
Mozambican economy grows 4.5% in the second quarter
Mozambique’s economy expanded by 4.5% in the second quarter of 2024, marking the highest growth rate in the past year, according to a report from […]
Mozambique and Qatar finalize investment protection and promotion agreements
The governments of Mozambique and Qatar are working on concluding a package of agreements covering various areas of intervention, including a legal instrument aimed at […]
Uganda and Mozambique align strategies to expand trade and investment
Uganda and Mozambique are intensifying efforts to strengthen bilateral trade and investment during the Second Uganda-Mozambique Joint Permanent Commission (JPC), which began on Monday, September […]
Mozambique has injected 52.2 ME to rescue two public aviation companies since 2020
The Mozambican government injected 3.7 billion meticais (€52.2 million) from 2020 to 2023 to financially rescue two public aviation companies, Aeroportos de Moçambique (ADM) and […]
Mozambique to pay more than one billion euros in domestic debt alone by 2026
On Tuesday September 10, Standard & Poor’s (S&P) warned that Mozambique will face substantial domestic debt repayments over the next two years, totaling around one […]
Mozambican Government says coal mining company in the center has exceeded “pollution limits”
The Vulcan mining company, which explores coal in Mozambique, has exceeded the “pollution limits” in Ivete Maibaze, Mozambique’s Minister of Land and Environment, announced on […]
Mozambican police arrest three men attempting to sell ivory tips
Mozambican police arrested this week three individuals in Maputo province while they were attempting to sell ivory tips, according to an official statement. Poaching remains […]
Mozambique received 8.9 billion euros in investments between 2019 and 2023
On Monday August 26, Mozambican President Filipe Nyusi announced that Mozambique is set to attract approximately 8.9 billion euros in investments from 2019 to 2023. […]
Mozambique: Campaign Kicks Off for General Elections
In Mozambique, the campaign for the general elections on October 9 officially began on Saturday, August 24. The ruling Frelimo party, in power since the […]