economy

economy

External donations secured in H1 total $110.8m

External donations secured in H1 total $110.8m

Africa-Press - Mozambique. Mozambique secured external donations of US$110.8 million in the first six months of the year, according to data from a government...
Prices Increased 0.68% After Deflation

Prices Increased 0.68% After Deflation

Africa-Press - Mozambique. Prices in Mozambique rose 0.68% in August, after four consecutive months of deflation, with year-on-year inflation rising to 4.79%, according to...
Mozambique Embraces $6 Billion Electricity Project

Mozambique Embraces $6 Billion Electricity Project

Africa-Press - Mozambique. Hermínio Guambe used to cut hair in a tiny barbershop with no electricity in his village outside Mozambique’s capital. The arrival...
BRICS Grain Producers Lose $2.5B Yearly to Manipulation

BRICS Grain Producers Lose $2.5B Yearly to Manipulation

Africa-Press - Mozambique. Grain producers across BRICS nations are losing an estimated $2.5 billion annually due to market concentration and price manipulation by global...
Lab-grown diamonds robbing southern Africa of riches

Lab-grown diamonds robbing southern Africa of riches

Africa-Press - Mozambique. Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for alternatives as cheaper, lab-grown stones...
Sub-Saharan Africa's Economies Face High Finance Costs

Sub-Saharan Africa’s Economies Face High Finance Costs

Africa-Press - Mozambique. Borrowing costs for governments and businesses in South Africa, Nigeria and Kenya have risen in the last five years due to...
African Nations Seek $69 Billion From IMF for Support

African Nations Seek $69 Billion From IMF for Support

Africa-Press - Mozambique. Demand from African nations for financing from the International Monetary Fund is expected to remain high, as debt burdens mount and...
Mozambique Government Imposes New Alcohol Restrictions

Mozambique Government Imposes New Alcohol Restrictions

Africa-Press - Mozambique. The Mozambican government has issued a decree imposing new restrictions on the production, sale and consumption of alcoholic drinks. The decree is...
Manica Province Suspends Mining Over River Contamination

Manica Province Suspends Mining Over River Contamination

Africa-Press - Mozambique. The Provincial Council of State Representation Services in Manica province will suspend all mining activity due to the high levels of...
Totalenergies Hands over Road in Palma

Totalenergies Hands over Road in Palma

Africa-Press - Mozambique. The French oil and gas company, Total Energies, which heads the Mozambique LNG Project, located in Palma district, in the northern...