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  • 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

  • Maputo International Fair 2017 has more than 580 companies from Mozambique

    More than 580 companies from Mozambique have confirmed participation in the 53rd edition of the Maputo International Fair, FACIM, which will take place from 28 August to 3 September in Marracuene, in the southern province of Maputo, the event’s director said on Wednesday in Maputo. >>See More

  • Bank of Mozambique concludes intervention at Moza bank

    The Bank of Mozambique concluded its intervention at Moza bank, saying in a statement issued in Maputo that after the capitalisation and normalisation of the bank’s financial situation the reasons that dictated the intervention were no longer an issue. >>See More