economy

economy

Central Bank Cuts Interest Rate

Central Bank Cuts Interest Rate

Africa-Press - Mozambique. The Monetary Policy Committee of the Bank of Mozambique (CPMO), meeting in Maputo on Friday, reduced the bank’s benchmark interest rate,...
EU Provides €250M to Northern Mozambique Since 2019

EU Provides €250M to Northern Mozambique Since 2019

Africa-Press - Mozambique. The European Union (EU) has made available, since 2019, around €250 million for northern Mozambique, of which €95 million was allocated...
Mozambique's Agricultural Processing Centres Combat Unemployment

Mozambique’s Agricultural Processing Centres Combat Unemployment

Africa-Press - Mozambique. Mozambican academic Hélder Jauana advocated on Thursday for establishing 50 agricultural processing and marketing units in rural areas to tackle youth...
Mozambique Projects 3.4 Million Tonnes Cereal Output

Mozambique Projects 3.4 Million Tonnes Cereal Output

Africa-Press - Mozambique. Mozambique expects to produce 3.4 million tonnes of cereals in the 2025/2026 agricultural campaign, an increase of 7% compared to the...
Involving Local Communities in the Tourism Industry

Involving Local Communities in the Tourism Industry

Africa-Press - Mozambique. Mozambique’s tourism entrepreneurs on Thursday defended the involvement of communities in creating experiences to generate local jobs, calling on the government...
President Chapo Inaugurates Sesame Processing Plant

President Chapo Inaugurates Sesame Processing Plant

Africa-Press - Mozambique. Mozambique has a new sesame husking and processing plant, estimated at over US$30 million, to boost the processing industry and export...
Grindrod Resumes Expansion at Matola Terminal

Grindrod Resumes Expansion at Matola Terminal

Africa-Press - Mozambique. Grindrod celebrated a major milestone in the continued development of its Matola dry-bulk terminal with an official groundbreaking ceremony marking the...
Chapo Launches Agricultural Campaign

Chapo Launches Agricultural Campaign

Africa-Press - Mozambique. The Mozambican government hopes to market 3.4 million tonnes of grain in the 2025-2026 agricultural years, which would be a seven...
UN Official Warns of Worsening Global Food Insecurity

UN Official Warns of Worsening Global Food Insecurity

Africa-Press - Mozambique. UN Assistant Secretary-General for Humanitarian Affairs Joyce Msuya on Monday warned the Security Council that escalating violence in conflict zones is...
Rights Group Files Complaint Against TotalEnergies for War Crimes

Rights Group Files Complaint Against TotalEnergies for War Crimes

Africa-Press - Mozambique. The Berlin-based European Center for Constitutional and Human Rights (ECCHR) filed a criminal complaint in France on Monday against TotalEnergies, accusing...