economy

economy

OTM-CS Warns of National Earthquake If Mozal Closes

OTM-CS Warns of National Earthquake If Mozal Closes

Africa-Press - Mozambique. Mozambique’s main trade union federation, the OTM, warned today that the suspension of Mozal’s operations would represent an “earthquake”,...
US$2 Million for Micro and Small Businesses in Cabo Delgado

US$2 Million for Micro and Small Businesses in Cabo Delgado

Africa-Press - Mozambique. The Northern Integrated Development Agency (ADIN) launched on Friday, in the city of Lichinga, a financing line worth US$2...
US Supreme Court Strikes down Trump Global Tariffs

US Supreme Court Strikes down Trump Global Tariffs

Africa-Press - Mozambique. The US Supreme Court on Friday ruled Donald Trump's sweeping global tariffs illegal -- a stunning rebuke of the...
IMF Dashes Chapo's Hopes for Mozambique's Future

IMF Dashes Chapo’s Hopes for Mozambique’s Future

Africa-Press - Mozambique. Chapo’s hopes for IMF approval were dashed on Tuesday (17 February) by the IMF Executive Board, with no discussion...
African nations rush to sell dollar bonds as costs drop

African nations rush to sell dollar bonds as costs drop

Africa-Press - Mozambique. The Democratic Republic of Congo is planning its maiden sale, while the Republic of Congo this month sold new...
CFM Logistics Expands Fleet to Support Oil and Gas

CFM Logistics Expands Fleet to Support Oil and Gas

Africa-Press - Mozambique. The logistics subsidiary of the state-owned Portos e Caminhos de Ferro de Moçambique (CFM) has acquired two pilot boats...
Sonelgaz Delegation Visits Mozambique to Boost Energy Ties

Sonelgaz Delegation Visits Mozambique to Boost Energy Ties

Africa-Press - Mozambique. A delegation of experts from Sonelgaz, led by the Director General of its Engineering Division, is conducting a working...
Africa forges a trade future beyond AGOA

Africa forges a trade future beyond AGOA

Africa-Press - Mozambique. African governments are bracing for the end of the African Growth and Opportunity Act (AGOA), a preferential trade pact...
TotalEnergies Expands Afungi Camp to 2,000 Workers

TotalEnergies Expands Afungi Camp to 2,000 Workers

Africa-Press - Mozambique. TotalEnergies is progressing with the expansion of the Afungi camp to house 2,000 workers, as part of the liquefied...
Government Forms Commission to Revive Development Bank

Government Forms Commission to Revive Development Bank

Africa-Press - Mozambique. The Mozambican government on Tuesday established the commission that will operationalise the Development Bank of Mozambique (BDM), which was...