19 December 2019
Both of Mozambique’s giant onshore LNG projects have taken big steps towards development. One has completed its purchase of a large stake in Mozambique LNG, while the other project moves closer to its ambition of overseeing the commercial development of gas reserves in the Rovuma Basin.
13 December 2019
The Mozambican economy has continued to lose steam during the year, owing to the fall in commodities prices in international markets. Conflicts in the north also weigh heavily on business activity, bringing up inflation, an effect that is expected to carry into 2020.
28 November 2019
A new partnership agreement between China's Exim Bank and Attijariwafa Bank from Morocco, is set to align two key financial institutions in both countries in the common goal of boosting business ties and their economic presence in Africa.
24 May 2019
The government of Mozambique is battling to bring its debt under control. Government debt as a proportion of GDP reached 110.5% at the end of 2018, up from a low of 37.5% in 2011 thanks to long-running debt relief. However, Maputo is engaging with the IMF and has pledged to put its house in order .