economy

economy

MIREME Highlights Mozambique's Role in SADC Energy Sector

MIREME Highlights Mozambique’s Role in SADC Energy Sector

What You Need to Know At the SADC Sustainable Energy Week 2026, Mozambique's MIREME Permanent Secretary, António Manda, emphasized the country's vital role in the...
WTO Seeks $5 Billion for Africa's Cotton Processing

WTO Seeks $5 Billion for Africa’s Cotton Processing

Africa-Press - Mozambique. The World Trade Organization (WTO) aims to attract US$5 billion in private investment to develop Africa’s cotton processing industry...
IMF Urges Mozambique to Cut Wage Bill to 11% of GDP

IMF Urges Mozambique to Cut Wage Bill to 11% of GDP

Africa-Press - Mozambique. The International Monetary Fund has urged Mozambique to contain public expenditure primarily through the wage bill, recommending the elimination...
Restrictions and Taxes Hindering Africa's Open Skies Dream

Restrictions and Taxes Hindering Africa’s Open Skies Dream

Africa-Press - Mozambique. Stringent visa regimes across Africa, coupled with multiple layers of taxes, fees and charges continue to keep air travel...
Saipem Set to Return to Venezuela and Mozambique Project

Saipem Set to Return to Venezuela and Mozambique Project

Africa-Press - Mozambique. Italian oil contractor Saipem is ready to resume activities in Venezuela after the easing of U.S. sanctions as it...
Tourist Numbers Rise Nearly 15% to 1.27 Million

Tourist Numbers Rise Nearly 15% to 1.27 Million

Africa-Press - Mozambique. The flow of tourists in Mozambique increased to 1.27 million in 2025, a rise of almost 15% in a...
MBcapital Holdings participates in Mining Indaba 2026

MBcapital Holdings participates in Mining Indaba 2026

Africa-Press - Mozambique. FMBcapital Holdings Plc, which operates as First Capital Bank in Botswana, Malawi, Mozambique, Zambia and Zimbabwe, participated in the...
Tourism halted in Limpopo National Park

Tourism halted in Limpopo National Park

Africa-Press - Mozambique. Tourism has been halted for over a month in Limpopo National Park (PNL), in the southern Mozambican province of...
Mozambique Oil and Gas Revenue Reaches $88.1 Million

Mozambique Oil and Gas Revenue Reaches $88.1 Million

Africa-Press - Mozambique. Mozambique’s oil and gas sector generated US$88.13 million for the Mozambican state in 2025, bringing the total to US$252.82...
Government to Sign $110M Dondo Port Contract

Government to Sign $110M Dondo Port Contract

Africa-Press - Mozambique. Mozambique plans to sign the concession contract for the construction of the Dondo dry port in the centre of...