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Mozambique
09 December 2020
European Support and G20 Debt Deal Help Mozambique Shake Financial Pressure
European support for the State Budget and the recent G20 debt deal will help Mozambique shake current financial pressures, as the African country´s economy begins a recovery, according to the Economist Intelligence Unit (EIU).
08 December 2020
Japanese Foreign Minister in Mozambique For “Free and Open Indo-Pacific”
Japanese Foreign Minister Toshimitsu Motegi is starting today a tour of four African countries, including Mozambique, to promote a "free and open Indo-Pacific" region, where China´s influence is growing.
06 December 2020
African Continental Free Trade Area Trading to Start January 2021
African leaders at a summit Saturday approved that trading should start on 1 January next year as scheduled on the African Continental Free Trade Area (AfCFTA) agreement and requested.
06 December 2020
South-Korean Industrial Group POSCO Looking for Stakes in Mozambique Mines
South-Korean industrial group POSCO is considering buying stakes in graphite mines in Australia and Mozambique, to reduce its reliance on China for the material.
23 November 2020
China Suspends USD 2.1 billion of Debt Service Payments from 23 Poor Countries
China has suspended USD 2.1 billion of debt service payments from 23 indebted poor countries, to assist the fight against the coronavirus pandemic, in line with the Group of Twenty (G20), which includes Angola.
20 November 2020
Sino Energy Planning to Buy Cement Plant in Northern Mozambique
China-based Sino Energy has signed a non-legally-binding memorandum of understanding with Hong Kong Construction Group in which it agreed to buy a 65% stake in a 0.4Mt/yr cement plant in Pemba, capital of Mozambique´s Cabo Delgado Province.
17 November 2020
Cabo Verde Among Africa´s Best in Governance
The latest edition of the Mo Ibrahim Index of African Governance (IIAG) places Cabo Verde as the second best country among 54 African countries, while Angola is at the bottom of the list, despite improvements.
16 November 2020
Brazil, Mozambique Able to Benefit With New Carbon-Neutral Energy Industry
Emerging countries like Brazil and Mozambique could benefit in the new carbon-neutral energy industry, according to Francisco Leandro, Professor of the Institute for Research on Portuguese-speaking Countries at City University Macau.
11 November 2020
Mozambique Not in China ‘Debt Trap’, Says Chinese Ambassador
A recent study by the Centre for Public Integrity (CPI) in Mozambique claiming the African country has fallen into a 'debt trap' due to its high indebtness to China, has now been rebutted by the Chinese ambassador and an academic.
06 November 2020
Samsung Nears Conclusion of Mozambique Gas Facility Construction
Samsung Heavy Industries shipyard is nearing the conclusion of the construction of the Coral-Sul FLNG facility, which will sail-away to Mozambique in 2021 to begin natural gas extraction in the north of the country.
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