economy

economy

Inhaca Ferry Joins ITRANSMAR Vessels to Chongoene

Inhaca Ferry Joins ITRANSMAR Vessels to Chongoene

Africa-Press - Mozambique. The Mozambican Maritime Transport Institute (ITRANSMAR) has allocated two vessels to transport humanitarian aid and passengers to the Port...
RITES Wins US$20.6 Million Locomotive Order

RITES Wins US$20.6 Million Locomotive Order

Africa-Press - Mozambique. RITES Limited has announced the receipt of a Letter of Intent (LOI) from ICVL Mozambique for the supply of...
New World Bank Group strategy for Mozambique: Driving inclusive, resilient, and job-rich growth

New World Bank Group strategy for Mozambique: Driving inclusive, resilient, and job-rich growth

Washington, January 22, 2026 The World Bank Group Board of Executive Directors has endorsed a new Country Partnership Framework (CPF) for Mozambique for the...
World Bank to mobilise $2.5 billion for Mozambique over the next five years

World Bank to mobilise $2.5 billion for Mozambique over the next five years

The World Bank Group plans to mobilise US$2.5 billion for Mozambique over the next five years under the new Country Partnership Framework (CPF), focusing...
Trade union OTM-CS calls for dialogue to resolve situation at Mozal, Mozambique’s largest industry

Trade union OTM-CS calls for dialogue to resolve situation at Mozal, Mozambique’s largest industry

The OTM-CS, Mozambique’s largest trade union centre, has appealed for “dialogue” and “common sense” in the process threatening the closure of Mozal, the country’s...
Coastal Shipping Service Launches for Flood-Hit Gaza

Coastal Shipping Service Launches for Flood-Hit Gaza

Africa-Press - Mozambique. The Minister of Transport and Logistics, João Matlombe, announced on Friday the launch of a maritime cabotage service from...
Africa tourism up by 8% as global tourism hits record high

Africa tourism up by 8% as global tourism hits record high

Africa-Press - Mozambique. Tourism to Africa rose by 8 percent last year to 81 million visitors, United Nations Tourism said on Tuesday. The...
Investment Growth in Frontier Markets Halved Since 2010s

Investment Growth in Frontier Markets Halved Since 2010s

Africa-Press - Mozambique. The World Bank reported Tuesday that "frontier market" economies, largely composed of middle-income diversities, have largely failed to realize...
World Bank Approves New Country Partnership Framework

World Bank Approves New Country Partnership Framework

Africa-Press - Mozambique. The Country Partnership Framework (CPF) for Mozambique FY 2026–31 foresees mobilisation of up to US$2.5 billion and prioritises economic...
LAM’s debt rises 0.5% in three months to €79 million

LAM’s debt rises 0.5% in three months to €79 million

Africa-Press - Mozambique. The debt of Linhas Aéreas de Moçambique (LAM) increased by 0.5% over three months, reaching 5,921 million meticais (€79...