economy

economy

Namibia Rejects TotalEnergies Petrobras Deal Procedure

Namibia Rejects TotalEnergies Petrobras Deal Procedure

Africa-Press - Mozambique. Namibia will not recognise the purchase of offshore stakes in the Luderitz Basin announced last week by TotalEnergies and...
Mozambique Business Confidence Declines for Sixth Quarter

Mozambique Business Confidence Declines for Sixth Quarter

Africa-Press - Mozambique. The Economic Climate Indicator for Mozambican companies slowed in the fourth quarter of 2025, marking the sixth consecutive quarterly...
U.S. Supports Altona's Monte Muambe Rare Earths Project

U.S. Supports Altona’s Monte Muambe Rare Earths Project

Africa-Press - Mozambique. U.S. trade agency plans to support Altona’s Monte Muambe rare earths project, strengthening its strategic role. Expected drill results could...
Mozambique: Kenmare hosts site visit to Moma mine

Mozambique: Kenmare hosts site visit to Moma mine

Africa-Press - Mozambique. Kenmare hosted a site visit to our Moma Mine in Mozambique on 5-6 February 2026 for analysts and investors. The...
Non-Tariff Barriers Harming African Trade More Than Tariffs

Non-Tariff Barriers Harming African Trade More Than Tariffs

Africa-Press - Mozambique. A new market analysis warns that non-tariff barriers (NTBs) restrict intra- African trade more deeply than tariffs. TradeMark Africa (TMA)...
Sasol Profit Plunges Due to Oil Price Drop Writedown

Sasol Profit Plunges Due to Oil Price Drop Writedown

Africa-Press - Mozambique. Sasol’s R7.8 billion ($483 million) writedown in parts of its South African and Mozambican businesses, together with a decline...
Global Food Prices Decline in January Amid Price Drops

Global Food Prices Decline in January Amid Price Drops

Africa-Press - Mozambique. The UN Food and Agriculture Organization (FAO) reported on Friday that global food prices fell 0.4% in January due...
TotalEnergies snaps up acreage north of Mopane megadiscovery in Namibia

TotalEnergies snaps up acreage north of Mopane megadiscovery in Namibia

New licence lies near port of Luderitz, north of existing discoveries TotalEnergies CEO met last week with Namibia’s president Goal is to continue exploring for resources,...
Global Economic Growth Likely to Continue Steadily

Global Economic Growth Likely to Continue Steadily

Africa-Press - Mozambique. Global economic growth is expected to continue steadily over the next two years, supported by the better-than-expected performance of...
African Manufacturers Warn AGOA Extension Is Temporary Relief

African Manufacturers Warn AGOA Extension Is Temporary Relief

Africa-Press - Mozambique. Manufacturers and governments across Africa warn that President Donald Trump’s one-year extension of the African Growth and Opportunity Act...