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  • Former Mabor Moçambique tyre factory sold to printing company

    The Mabor factory, a former tyre factory in Mozambique that has been abandoned for several years, will house a printing company, which will produce books and school textbooks and magazines, the chief executive of state stakeholding institute Igepe, Raimundo Matele, said in Maputo according to the Mozambican press. >>See More

  • Government of Mozambique seeks partner for LAM airline

    The Mozambican government is looking for a strategic partner that will make it possible to recover the Linhas Aéreas de Moçambique (LAM) airline, said the chief executive of state stakeholding company Igepe, Raimundo Matule, cited by Mozambican daily newspaper Notícias. >>See More

  • Mozambique creates Sovereign Fund with initial funding of US$350 million

    The Mozambican government plans to create a sovereign fund that will be financed with tax revenues from the exploration of natural resources, Economy and Finance Minister Adriano Maleiane announced on Monday in Maputo. >>See More

  • Gigawatt Mozambique invests in increasing electricity production

    Gigawatt Mozambique, which manages Ressano Garcia’s natural gas-fired power plant, plans to expand electricity production from the current 120 megawatts to 350 megawatts, a project that will begin in 2018, the company’s operations director told daily newspaper Noticias. >>See More

  • Group with forestry assets in Mozambique given ‘buy’ recommendation

    Investment bank VSA Capital has made a ‘buy’ recommendation on the shares of the Obtala group, which holds forestry concessions in Mozambique, for up to 36 pence per share, roughly double the current price of 17.5 pence, the group said in a statement to the market. >>See More

  • Zero Investimentos company listed on the Mozambique Stock Exchange

    Zero Investimentos, the first small and medium-sized Mozambican company to float its shares, will be the sixth company to be listed on the Mozambican Stock Exchange, according to an announcement due to be made on Friday. >>See More