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Mozambique
23 March 2020
Mozambique responds to Covid-19 with tough restrictions and pumping money into the banking system
Mozambique confirmed on Sunday it´s first Covid-19 case, after the Government announced tough new restrictions to stem the pandemia´s propagation in the country.
20 March 2020
EIU lowers Mozambique’s economic growth forecast for 2020
The Covid-19 outbreak led the Economist Intelligence Unit (EIU) to cut four-tenths of a percentage point, from 4.2% to 3.8%, Mozambique’s economy growth forecast for 2020, according to the latest report on the country.
19 March 2020
Covid-19 could cost African oil exporters USD 65 billion
The Covid-19 pandemic is taking a severe impact in the economies of China, Africa’s major trading partner, and also Europe and North America.
23 January 2020
Mozambique debt restructuring improves investors mood
Economy and Finance Minister Adriano Maleiane remains in office and will likely carry on with restructuring the country’s debt, particularly the US$2 billion ‘hidden debt’ deemed unconstitutional and illegal under Mozambique law.
19 December 2019
China awaits Mozambican LNG
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.
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