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Mozambique
14 September 2020
Mozambique´s GDP to Fall 3.8% in 2020 – Economist Intelligence Unit
Mozambique´s GDP should fall 3.8% in 2020, owing to the impact of the Covid-19 pandemic, according to the Economist Intelligence Unit (EIU), which has revised the forecast upwards.
17 August 2020
Mozambique Set for 4.4% GDP Drop in 2020 and “Modest” Recovery Next Year – EIU
The impact of the Covid-19 pandemic will "weigh heavily" on Mozambique´s economy, with real GDP contracting by 4.4% in 2020, before recovering slowly to a growth of 1% in 2021, according to the Economist Intelligence Unit (EIU).
13 August 2020
Economic Commission for Africa Urges China to Support Debt Relief
The UN Economic Commission for Africa (ECA) is urging China to participate in the G20 Debt Service Suspension Initiative (DSSI), so African governments have fiscal space to effectively respond to the COVID-19 emergency.
24 July 2020
U.S. Export-Import Bank Vows to Take Over China in Africa
After approving its biggest loan yet in sub-Saharan Africa, for Mozambique´s Natural Gas projects, the Export-Import Bank of the U.S., plans to compete more aggressively with China on the continent, in sectors like energy and telecoms.
08 July 2020
Angola and Mozambique Fiscally “Vulnerable” – Fitch Ratings
The global economic downturn has caught Angola and Mozambique very exposed and fiscally "vulnerable", according to Fitch Ratings.
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