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Mozambique’s political landscape is tense as the new Parliament is inaugurated without opposition attendance. President Daniel Chapo’s election victory is contested by Venancio Mondlane of PODEMOS, who has proclaimed himself …
Mozambique: Political Tensions Rise Ahead of New President’s Inauguration Read More
The U.S. Export-Import Bank is lending $4.7 billion to TotalEnergies’ LNG project in Mozambique, regarded as a “carbon bomb.” The funding comes despite significant delays due to security issues from …
EXIM Bank Approves $4.7 Billion Loan for Mozambique LNG Project Amid Criticism Read More
Mozambique has been hit by severe tropical cyclones—Chido, Dikeledi, and Jude—resulting in widespread devastation. Approximately 453,971 people were affected by Cyclone Chido, with serious impacts in Cabo Delgado Province. Cyclone …
Mozambique: Impacts of Recent Tropical Cyclones and Humanitarian Needs Read More
Mozambique’s income tax revenues rose 4% in 2024 to €2.226 billion, surpassing expectations. Personal Income Tax reached €900 million, and Corporate Income Tax totaled €1.321 billion. Despite these increases, economic …
Mozambique’s Income Tax Revenue Growth Amidst Economic Challenges in 2024 Read More
Vietnam considers Mozambique a priority partner in Africa, aiming to deepen mutual cooperation for progress and friendship. Ambassador Trần Thị Thu Thìn has pledged to enhance relations, especially in sectors …
Vietnam Designates Mozambique as a Priority Partner in Africa Read More
Vietnam regards Mozambique as a key partner in Africa, aiming to enhance cooperation across various sectors. Ambassador Trần Thị Thu Thìn presented her credentials to President Daniel Francisco Chapo, who …
Vietnam and Mozambique: Strengthening Bilateral Ties Through Cooperation Read More
A recent study highlights the importance of the second-hand clothing sector in Mozambique, emphasizing its role in creating over 200,000 jobs and supporting one million people. The sector provides substantial …
Second-Hand Clothing Sector: A Vital Economic Engine for Mozambique Read More
The Export-Import Bank of the United States has approved a USD 4.7 billion loan for TotalEnergies’ LNG project in Mozambique. This development could enhance the country’s economic prospects, though significant …
Potential US Loan to Enhance Mozambique’s LNG Development Prospects Read More
Rome Resources Plc has settled a legacy dispute with the Mozambique government, gaining a 30% stake in five new exploration licenses without incurring exploration costs. Cash proceeds from these assets …
Rome Resources Settles Mozambique Dispute, Eyes Future Gains for Shareholders Read More
Mozambique defeated Uganda 3-1 in a World Cup qualifier on March 20, 2025, moving to first place in Group C. Pepo scored twice, while Ratifo contributed another goal. Uganda struggled …
Mozambique Secures 3-1 Victory Over Uganda, Climbs to Top of Group C Read More