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  • Sale of power to Malawi to undergo public consultation in Mozambique

    The project to build a 218 kilometre line to supply power to Malawi will be subject to public consultation on 28 and 29 December in Tete province, central Mozambique, state-owned electricity company Electricidade de Moçambique (EdM) said in a statement on Monday. >>See More

  • FACIM 2017 expected to have fewer companies and countries

    The number of companies already registered for the 53rd edition of the Maputo International Fair is low two weeks before the start of Mozambique’s main trade fair, Mozambican weekly newspaper Domingo reported on Sunday. >>See More

  • Anadarko Petroleum and ENI groups sign maritime terminal concession contracts in Mozambique

    The American Anadarko Petroleum and Italian ENI groups signed with the Mozambican government on Thursday in Maputo the concession contracts for the liquid natural gas maritime terminal and material unloading installations on the Afungi Peninsula, reports the Mozambican press. >>See More

  • Mozambique’s foreign reserves increasing

    The increase is due to the fact that although the central bank sold US$264 million in the interbank exchange market from 19 June to 9 August, used to pay for liquid fuel imports, it also purchased US$812.7 million, the statement released at the end of the Monetary Policy Committee meeting also indicates. >>See More

  • Bank of Mozambique reduces reference interest rates by 25 basis points

    The Monetary Policy Committee of Banco de Moçambique has reduced by 25 basis points the country’s three reference interest rates, among them the MIMO rate, which fell to 21.50 percent, the central bank informed in a statement released in Maputo. >>See More

  • BRIC New Development Bank Africa Regional Center officially unveiled

    International Online reported (China International Radio reporter Zhu Wanling): local time on the morning of August 17, the BRIC New Development Bank Africa Regional Center officially unveiled in Johannesburg, South Africa. >>See More