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Mozambique

Oxford consultant improves Mozambique’s growth forecast this year to 5.1%

November 27, 2023 Geraldine Boechat 0

Analysts believe that the Coral South FLNG project could significantly increase gas production in Mozambique this year. Oxford Economics Africa this Sunday November 26 revised […]

Direct contracting in Mozambique increased by more than 4.5 thousand ME

November 21, 2023 Geraldine Boechat 0

The Centre for Public Integrity (CIP), a Mozambican non-governmental organization (NGO), estimates the additional cost of direct state contracting in an election year at 318 […]

Malawi suspends official foreign travel to cut expenses

November 18, 2023 Steven Addamah 0

Malawi’s President Lazarus Chakwera has decided to temporarily ban himself and his government from traveling abroad, to help his country cut spending in the face […]

IMF admits situation is “a little complicated” due to increase in domestic debt in Mozambique

November 18, 2023 Steven Addamah 0

The representative of the International Monetary Fund (IMF) in Mozambique has classified the domestic debt situation as “somewhat complicated”. Alexis Meyer (IMF representative) says that […]

Mozambican state revenues increase by 7.9% to 3.408 ME in September

November 16, 2023 Steven Addamah 0

The Mozambican state’s current revenue grew by 7.9% until September, to 232,483 million meticais (3,408 million euros), driven by the increase in tax collection, according […]

Mozambique expects 62.5 ME in tax revenues from natural gas in 2024

November 15, 2023 Geraldine Boechat 0

The Mozambican State expects to receive 4,268 million meticais (62.5 million euros) in tax revenue from natural gas next year, according to Government figures available […]

Cost of servicing Mozambique’s debt rises 18% in 2024 to 1,712 ME

November 14, 2023 Geraldine Boechat 0

Mozambique’s debt servicing costs will grow by 18% in 2024, to more than 116,631 billion meticais (1,712 million euros), according to Mozambican Government figures. According […]

Mozambique: Islamic State claims attack that killed “three Christians”

November 14, 2023 Geraldine Boechat 0

The extremist group Islamic State (IS) claimed an attack on the village of Novo Cabo, Macomia district, in the Mozambican province of Cabo Delgado, saying […]

Saudi fund provides 140 million euros for public works in Mozambique

November 10, 2023 Geraldine Boechat 0

The Mozambican government and the Saudi Fund for Development signed an agreement on Thursday November 09 in Riyadh, Saudi Arabia, to provide 150 million dollars […]

Mozambican Parliament cuts 14% from 2024 budget

November 9, 2023 Geraldine Boechat 0

The Mozambican parliament on Wednesday November 8 approved a budget of just over 2.6 billion meticais (38 million euros) for its operating and investment expenses […]

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  • Safran to set up landing gear systems plant in Casablanca
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