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NEWS / WORLD / MOZAMBIQUE

Mozambique Seeks Bigger Stake in Anadarko, Eni Gas Fields

Mozambique ’s national oil company plans to increase its share in fields operated by Anadarko Petroleum Corp. (APC) and Eni SpA (ENI) as the country seeks a greater share of profit from the largest natural gas find in a decade.
Mozambique to fuel BPCL’s gas plans

- 6 days ago @ ri.search.yahoo.com: Japan, China, South Korea and India seen as ‘natural’ markets

Mozambique Plans City Catering to Offshore Natural-Gas Boom

- 5 days ago @ bloomberg.com: Mozambique's state petroleum company is building a port city to help develop the largest natural-gas discoveries in a decade off the southern African country. The 18,000-hectare (44,500-acre) Palma development in the northern Cabo Delgado province will ...

Mozambique plans to increase power production using natural gas

- 3 days ago @ macauhub.com.mo: Mozambique expects to produce 800 megawatts of electricity at natural gas-fired power plants by 2020 according to a plan from the Energy Ministry of Niassa province. This target will be reached following conclusion of projects currently underway and ...

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LATEST NEWS

Mozambique Government, Renamo Reach Deal to End Violent Clashes

Bloomberg: Renamo, once backed by the white-minority governments of Rhodesia, which is now Zimbabwe, and South Africa, fought a 17-year civil war against the ruling Front for the Liberation of Mozambique until signing a peace agreement in Rome in 1992. Renamo ...

Angola Lose to Mozambique in Penalty Shoot-Out

AllAfrica.com: Luanda — The Angolan under16 males football team lost on Saturday to Mozambique in penalty shoot-out by 3-4 at Luanda's Cidadela stadium, after a one-one draw in the full time in the first round of the 9th games of the Portuguese Speaking Countries ...

INTERVIEW-Mozambique still counting on coal, despite price doldrums

Reuters: MAPUTO, July 28 (Reuters) - Mozambique is still counting on increasing coal exports to expand its infrastructure and drive economic growth, despite depressed global prices which might delay the timing of some major railway and port projects, the ...

Mozambique will have new business centre in Zambézia province

Macauhub: Mozambique's Minister for Planning and Development, Aiuba Cuereneia, Saturday in Mocuba, Zambézia province, laid the first stone of the business centre of the Zambezi Valley Development Agency, Mozambican daily newspaper Notícias reported.

Portugal biggest foreign investor sin Mozambique in 2014

Macauhub: Portugal topped the list of foreign investors in Mozambique in the first half of the year, with a total of US$248.8 million, accounting for 40.1 percent of investments approved by the Centre for Investment Promotion (CPI), which totalled US$618.9 million.

"We Are Surprised With the Economy" Says Brazilian Businessman Wagner Cruz

AllAfrica.com: Maputo — Representatives of at least 30 Brazilian companies in the food and beverages; housing and construction; machinery and equipment; hygiene and cosmetics sectors came to Mozambique from July 18 to 19, to interact with local businesses and to ...

Mozambique: Word Bank Supports Financial Sector Reforms in Mozambique

[AIM]Maputo -On Thursday, July 17, the World Bank's Board of Executive Directors approved a total of 25 million U.S. Dollars for the Government of Mozambique (GoM)'s First Programmatic Financial Sector Development Policy Operation (DPO).

Word Bank Supports Financial Sector Reforms in Mozambique

AllAfrica.com: "This operation supports the government's efforts in implementing the Government of Mozambique's Financial Sector Development Strategy (MFSDS)," said Mark R. Lundell, the World Bank Country Director for Mozambique. "It will help enhance banking ...

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IN THE FIRST..

Business investment in Mozambique totals US$1.212 billion in first half

Macauhub: Mozambique's Centre for Investment Promotion (CPI) de approved 239 project in the first half of this year, worth a total of around US$1.212 billion, the organisation told Macauhub in Maputo. Of the total investment, over US$618.9 million came from ...

Rio Tinto offloads Mozambique assets

The Australian: The sources said ICVL has moved on to buy the 65 per cent stake Rio Tinto Coal Mozambique holds in the Benga Mining project as well as its 100 per cent ownership in two other mines called the Zambeze Project and Tete East Project. In the first half of ...

IN MOZAMBIQUE..

Rio Tinto to Sell Mozambique Mines to India Coal Group

Mining Global: Mining behemoth Rio Tinto (LSE:RIO) is expected to sell three of its coal mines in Mozambique to a group of Indian state-run metal and mining companies for $108 million. According to reports, India's International Coal Ventures Private Limited (ICVL ...

Portuguese financial company has funds to support investments in Mozambique

Macauhub: Portuguese development financing company Sociedade para o Financiamento do Desenvolvimento (Sofid) announced it had 94.9 million euros to support Portuguese companies interested in investing in Mozambique, Sofid said. In Mozambique Sofid ...

Belarus plans to assemble tractors in Mozambique

Macauhub: Belarus plans to set up a partnership with Mozambican businesspeople to assemble agricultural tractors in the East African country using parts manufactured in Belarus, which was recently visited by Mozambique's Prime Minister Alberto Vaquina, ...

India Coal Group to Buy Rio Tinto's Mozambique Mines

Wall Street Journal: NEW DELHI—A group of Indian state-run metal and mining companies is planning to buy three of Rio Tinto's coal mines in Mozambique for around $108 million, said people familiar with the negotiations. If the deal goes through, it will be the first ...

PTTEP opens new office in Mozambique | Offshore Energy Today

PTT Exploration and Production Public Company Limited or PTTEP held an office ceremony to unveil its new office in Maputo, the Republic of Mozambique . Photo shows (from left) H.E. Voradet Viravakin, Ambassador ...

Capacity building in Mozambique | Infrastructure news

This project forms part of Rand Water's contribution towards the Southern African Development Community for rollout within an African sister utility. Mozambique is one of the growing economies on the African continent.

CNBC Africa: Banking in Mozambique with Inaete Merali

ABN's Samantha Loring is joined on the line from Mozambique by Inaete Merali, CEO of Moza Banco, to discuss Mozambique's banking sector and its competitiveness. http://www.cnbcafrica.com/video/?ytid=zRTxW2qRSdc ...

TO EXPAND..

Mozambique to expand el ectricity supply

StarAfrica.com: Mozambique´s Energy Minister Salvador Namburete says his government is implementing plans to expand electricity supply to meet the needs of a growing economy, APA learns here on Friday.According to state-run Radio Mozambique, the minister made ...

Mozambique to expand electricity supply

StarAfrica.com: Mozambique´s Energy Minister Salvador Namburete says his government is implementing plans to expand electricity supply to meet the needs of a growing economy, APA learns here on Friday.According to state-run Radio Mozambique, the minister made ...

Mozambique Invests In Electricity Supply

LICHINGA, MOZAMBIQUE, July 24 (BERNAMA-NNN-AIM) -- The Mozambican government is implementing plans to expand the country's electricity supply to meet the needs of a growing economy.

PRIME MINISTER..

Include women in development – Mozambique's ex-minister

Times of Zambia: FORMER prime minister of Mozambique Luisa Dias Diogo has charged that Africa will continue to lag behind if leaders on the continent exclude women from development processes. Ms Diogo said political leaders in Africa should be smart and ensure that ...

Mozambique, Belarus target stronger economic ties

StarAfrica.com: Economic links between Mozambique and Belarus are expected to improve following a four-day long official visit to the Eastern European country by Mozambican Prime Minister Alberto Vaquina, state radio reported Friday.Radio Mozambique said the two ...

Prime Minister Visits Belarus

AllAfrica.com: Minsk — Economic links between Mozambique and Belarus look set to flourish as a result of Prime Minister Alberto Vaquina's four day official visit to the eastern European country. On Tuesday he was received by the President of Belarus, Alexander ...

MINISTER..

Japanese Business Delegation to Visit Mozambique

AllAfrica.com: Maputo — Japan's Deputy Minister for Foreign Affairs, Kenta Wakabayashi, is to lead a business delegation to Mozambique next week. Among the fifteen companies accompanying the minister are Mitsubishi, Bank of Tokyo - Mitsubishi, Hitachi Power ...

Photo Release: PTTEP unveils its new branch office in Maputo, Mozambique

PTT Exploration and Production Public Company Limited or PTTEP held an office ceremony to unveil its new office in Maputo, the Republic of Mozambique. The ceremony was jointly presided by H.E. Esperanca Bias, Minister of Mineral Resources, Mozambique and Tevin Vongvanich, President and CEO of PTTEP.

MOZAMBIQUE S..

Mozambique: China Fuels Illegal Logging of Mozambique's Forests - Report

AllAfrica.com: Bangkok — China's insatiable demand for timber has led to illegal and unsustainable logging of Mozambique's forests, costing the country millions of dollars in lost duties and taxes and affecting impoverished rural communities, a report released ...

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