Home News Industry News

  • Completion of Mozambique’s Maputo/Catembe bridge now set for December

    The completion date of the Maputo/Catembe bridge has once again been pushed back, this time to December, indicate reports in various Mozambican newspapers citing the South Maputo Development Company (Empresa de Desenvolvimento de Maputo Sul). >>See More

  • India’s Mercator Limited group to sell mining licence in Mozambique

    The Indian group Mercator Limited, previously Mercator Lines Limited, aims to earn US$300 million from the sale of coal assets in Mozambique and Indonesia to finance partial acquisition of the state-owned Dredging Corporation of India, reports the Indian newspaper The Economic Times. >>See More

  • South Korea pays for studies on water supply in Mozambique

    South Korea will donate US$700,000 to Mozambique to pay for studies meant to find solutions to improve the water supply for three cities, Xai-Xai, Nampula and Lichinga, respectively the capitals of Gaza, Nampula and Niassa provinces, reports AIM news agency. >>See More

  • Indian consortium considers producing gas from coal mined in Mozambique

    Indian consortium International Coal Ventures Ltd (ICVL) is considering the possibility of transforming coal mined in Benga, in the central Mozambican province of Tete, into methanol to feed gas-fired power plants in India, said the Indian Minister for Steel. >>See More

  • ENI awaits approval from Mozambican government to pay capital gains on deal with ExxonMobil

    The payment of US$350 million in capital gains tax by Italian group ENI is expected to be made by November, and the group is now waiting for the deal with US group ExxonMobil to be approved by the Mozambican government, an official from the Mozambican Tax Authority (TA) has said. >>See More

  • Construction of Moamba-Major dam in Mozambique will be completed, minister says

    The Moamba-Major dam in the southern Mozambican province of Maputo is a project that will be completed, said Minister Carlos Bonete, speaking on the sidelines of the Third Coordinating Council of the Ministry of Public Works, Housing and Water Resources. >>See More