economy

economy

Solenta Fastjet Set to Launch Beira Airport Operations

Solenta Fastjet Set to Launch Beira Airport Operations

What You Need to Know Solenta Aviation is preparing to commence operations at Beira Airport in Mozambique, following authorization from the Civil Aviation Authority. The...
Africa's US$30 Trillion Undeveloped Mineral Wealth

Africa’s US$30 Trillion Undeveloped Mineral Wealth

Africa-Press - Mozambique. Africa has US$29.5 trillion in mineral reserves, around 20% of the global total, but US$8.6 trillion remains untapped, according...
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,...