economy

economy

AfDB approves €125 million loan for hydroelectric power producer HCB to modernize production system

AfDB approves €125 million loan for hydroelectric power producer HCB to modernize production system

Africa-Press - Mozambique. The Board of Directors of the African Development Bank Group has approved a loan package not exceeding €125 million to Hidroeléctrica...
Mozambique re-opens key port in restive gas-rich north

Mozambique re-opens key port in restive gas-rich north

Africa-Press - Mozambique. Mozambique Tuesday for the first time in two years re-opened a key port servicing a multibillion-dollar gas project in the north...
Mphanda Nkuwa and the International Hydropower Association launch second phase of sustainability assessment of 1 500 MW hydropower project in Mozambique

Mphanda Nkuwa and the International Hydropower Association launch second phase of sustainability assessment of...

Africa-Press - Mozambique. Under the collaboration agreement with the International Hydropower Association (IHA) and with the support from the Norwegian Agency for Development Cooperation...
Mozambique Council of Ministers to submit Sovereign Wealth Fund to Parliament

Mozambique Council of Ministers to submit Sovereign Wealth Fund to Parliament

Africa-Press - Mozambique. The final draft establishes that the Government’s revenue from oil and gas will be divided between the Sovereign Wealth Fund and...
‘Casas da Katembe’ works enter final stage

‘Casas da Katembe’ works enter final stage

Africa-Press - Mozambique. The construction of 100 single-room dwellings in the ‘Renascer’ project in Chamissava, KaTembe municipal district, in the city of Maputo, is...
50 young Maputo entrepreneurs receive 1.5 million meticais each

50 young Maputo entrepreneurs receive 1.5 million meticais each

Africa-Press - Mozambique. The 50 winners of the “Agora Emprega” program, promoted in the city and province of Maputo, have been announced. The Secretary...
MSMEs cannot pay what credit institutions ask for

MSMEs cannot pay what credit institutions ask for

Africa-Press - Mozambique. Credit institutions continue to make demands for financing which micro, small and medium-sized companies cannot satisfy, calling on them to train...
Nyusi urges greater competitiveness from HCB

Nyusi urges greater competitiveness from HCB

Africa-Press - Mozambique. Mozambican President Filipe Nyusi on Sunday challenged the managers of Hidroeléctrica de Cahora Bassa (HCB), the company that operates the Cahora...
Nyusi urges consumers to protect electrical equipment

Nyusi urges consumers to protect electrical equipment

Africa-Press - Mozambique. Mozambican President Filipe Nyusi on Sunday urged residents of the Chintholo administrative post, in Cahora Bassa district, in the western province...
Tete Governor delivers DUATs in Ndaula, Dómuè

Tete Governor delivers DUATs in Ndaula, Dómuè

Africa-Press - Mozambique. The Governor of Tete, Domingos Viola, this Monday (28-11) delivered some of the promised Land Use and Benefit Right (DUAT) titles...