14 November 2019
Guinea-Bissau's political turmoil reach new heights, with the nation on the verge of a military coup in the run-up of the presidential election — companies from China and other countries look closely at what the political stalemate's end might mean for business opportunities, including oil exploration.
12 November 2019
11 November 2019
Six months on, Mozambique is still recovering from the double blow of cyclones Idai & Kenneth. Experiencing several huge cyclones since the turn of the millennium, these events are becoming more common due to climate change, with valuable lessons on climate resilience appearing to have been learnt.
06 November 2019
Current international trade disputes, most notably between the US and China, are slowing global growth. With the price of commodities also on a downturn, economy’s like Mozambique’s, heavily dependent on such efforts, are already taking a hit.
31 October 2019
The value of Angola’s currency, the kwanza, has more than halved, since the central bank implemented a floating exchange rate regime as part of its macroeconomic stabilisation programme in January 2018. Nearly two years on, the kwanza continues to slide and is expected to maintain its downward trend.
17 October 2019
As LNG projects in the north of Mozambique progress, the government faces two major hurdles: financially, to find capital for its share of the investment needed to develop the Rovuma basin world-class natural gas reserves, which could top US$1 billion; militarily, to ensure safety in Cabo Delgado province from Islamist insurgents. In both instances, Russia has come to the rescue.
15 October 2019
Mining company Jinan Hi-Tech will help bolster China’s presence in Mozambique’s graphite extraction and processing after receiving authorisation from China’s National Development and Reform Commission to buy a 34.01% stake in Australia’s Triton Minerals.