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Mozambique
22 June 2020

Portugal´s EDP To Invest in Renewable Energy Projects in 5 African Countries
Portuguese energy company EDP, which has China State Grid as its main shareholder, ​​will invest 500 thousand euros to support eight renewable energy projects in Mozambique, Kenya, Tanzania, Malawi and Nigeria.
19 June 2020

African Economic Growth to Stagnate in 2020, in “Optimistic” Scenario – UN
The United Nations Economic Commission for Africa (UNECA) has revised from 3.2% to 0% its growth forecast for the continent this year. T
18 June 2020

China Commits to Assisting African Countries Financially During Pandemic
China will waive some African nations’ debt and is willing to provide further support including loan-maturity extensions, according to Chinese President Xi Jinping
12 June 2020

Eni and Korea Gas Extend “Successful” Cooperation in Mozambique
Italian Energy Group Eni and Korea Gas Corporation signed a Memorandum of Understanding (MoU) to enlarge existing cooperation, after their "successful" joint-venture in LNG development in Mozambique.
11 June 2020

Mozambique Graphite Exports to China Drop Sharply
Mozambique graphite exports to China have dropped sharply, forcing Chinese authorities to look for alternative supplies in Inner Mongolia.
09 June 2020

Mozambique LNG Projects Set to “Attract Major Commercial Interest” – EIU
Mozambique´s liquefied natural gas (LNG) sector is set to "attract major commercial interest", according to the Economist Intelligence Unit (EIU).
09 June 2020

China Delays Debt Repayments for 77 Low-Income Countries
The Chinese government said it has agreed to delay debt repayments for low-income countries, as part of the Group of 20 nations debt relief program.
07 June 2020

China is Mozambique´s Main Creditor
Nearly 40 per cent of Mozambique´s debt is owed to China, according to the most recent data from the Mozambican Ministry of Economy and Finance (MEF).
31 May 2020

China´s Trade With Brazil, Cabo Verde and Timor Leste Resists Pandemic
Chinese trade with Brazil resisted the Covid-19 pandemic in the first quarter of the year and even rose in the cases of Cabo Verde and Timor Leste. However, exchanges with the remaining Portuguese-Speaking Countries (PSC) did not resist the pandemic.
27 May 2020

Samsung Heavy Industry Moves Ahead with LNG Platform for Mozambique
Samsung Heavy Industry is moving ahead in South Korea with the construction of a floating platform (FLNG) for the Area 4 joint-venture, led by Eni and which include´s China National Oil and Gas Exploration and Development Company, a subsidiary of CNPC. In spite of the current restrictions due to the Covid-19 pandemic, delivery is still scheduled for 2022.
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