Strait of Hormuz Disrupts Africa’S Economy
Africa-Press - Mozambique. The repercussions of disruptions in global supply chains and the closure of vital maritime corridors, alongside rising security and...
China-Africa Trade Hits Record High
Africa-Press - Mozambique. China announced that its trade with Africa reached a record level in the first half of 2026, attributing this...
ECOWAS Plans Single Currency by 2027
Africa-Press - Mozambique. The Economic Community of West African States (ECOWAS) has reaffirmed its commitment to launching its unified currency "ECO" by...
Africa Owes IMF $38.6 Billion
Africa-Press - Mozambique. The total debt of African countries to the International Monetary Fund amounts to $38.6 billion, representing 31.5% of total...
Portuguese Company Files Lawsuit against Mozambique in Oil Dispute
Africa-Press - Mozambique. A Portuguese energy company has filed an arbitration claim against Mozambique at the International Centre for Settlement of Investment...
Mozambique: New Mining Laws may Deter Foreign Investment
Africa-Press - Mozambique. An executive in the mining sector stated that the new law in Mozambique, which requires the state to hold...
New EU Deal Deepens Africa Consumer Markets
Africa-Press - Mozambique. The European Union is nearing the conclusion of its first enhanced economic partnership agreement with four African countries: Comoros,...
Iran War Strains African Airlines
Africa-Press - Mozambique. The African Airlines Association has warned that the American-Israeli war on Iran has led to rising fuel prices and...
China Turns to African Oil after Iran Ban
Africa-Press - Mozambique. The petrochemical company Hengli, one of the largest independent refining companies in China, has begun shifting towards purchasing oil...
East Africa Budgets Face War and Debt Pressure
Africa-Press - Mozambique. The governments of Kenya, Uganda, and Tanzania have presented their budgets for the fiscal year 2026-2027 amid increasing economic...