IMF lifts 2025 global growth forecast on tariff distortion
Africa-Press - Mozambique. The IMF raised its global growth forecast Tuesday as efforts to circumvent Donald Trump’s sweeping tariffs sparked a bigger-than-expected surge in...
Tractors for Passenger Transport in Mozambique
Africa-Press - Mozambique. Mozambican President Daniel Chapo on Friday clarified that the acquisition of tractors with trailers for public transport is an alternative only...
Honey Production Supports Families and Protects Elephants
Africa-Press - Mozambique. An economic empowerment project will enable 500,000 families in the buffer zone of Magoe National Park, in the Mozambican province of...
Low Rainfall and Cold Temperatures Threaten Cocoa Crops
Africa-Press - Mozambique. Cocoa farmers in Ivory Coast say a cold spell and lack of rainfall could lead to crop damage and reduced expectations...
Russia bans gasoline exports until Aug. 31
Africa-Press - Mozambique. Russia said Monday that it has temporarily banned gasoline exports until Aug. 31.
"The decision was made to maintain a stable situation...
Police Force Street Vendors to Relocate in Maputo
Africa-Press - Mozambique. A police force of more than 50 officers on Monday forced street vendors to leave the sidewalks of Praça dos Combatentes...
EU France Invests €145 Million in Mozambique Rail
Africa-Press - Mozambique. In a major boost to Mozambique’s rail infrastructure, Portos e Caminhos de Ferro de Moçambique (CFM) and the Agence Française de...
South32 Exceeds Estimates for Manganese Output
Africa-Press - Mozambique. South32 reported a bigger-than-expected rise in fourth-quarter manganese ore production on Monday, helped by resumption of export shipments from its Australian...
ENH profits halved in 2024
Africa-Press - Mozambique. The profits of Mozambique’s state-owned Empresa Nacional de Hidrocarbonetos (ENH), fell by half in 2024 to 1.737 billion meticais (€23.4 million),...
What To Expect From Monday’s OPEC+ Meeting
Africa-Press - Mozambique. OPEC+ looks set to stay the course at Monday’s Joint Ministerial Monitoring Committee meeting, with four anonymous delegates telling Reuters the...