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    26 December, 2012
  
   IMF praises
 
 

The International Monetary Fund (IMF) has praised Mozambique’s “remarkable” economic performance this year, which “built on a track record of strong economic policies that effectively supported growth, while bringing down inflation and strengthening international reserves"
 
     
 
    7 December, 2012
  
   Inflation of one per cent in November
 
 

Inflation in Mozambique was 1.06 per cent in November, as measured by the consumer price indices in three largest cities, Maputo, Beira and Nampula.
 
     
 
    6 December, 2012
  
   ENI announces further gas discoveries
 
 

The Italian energy company, ENI, on 5 December announced further discoveries of natural gas in the Rovuma Basin, off the coast of the northern Mozambican province of Cabo Delgado.
 
     
 
    3 December, 2012
  
   World Bank promises further support
 
 

Mozambique’s mineral resources are a vehicle through which the country could achieve its goal of poverty eradication, according to Octaviano Canuto, the deputy president of the World Bank for poverty reduction and economic management.
 
     
 
  13 May, 2019  
 
Anadarko reaches agreement with JERA and CPC
 
The Anadarko Petroleum Corporation on Monday announced that the Mozambique LNG1 Company, owned by Anadarko and its partners in exploiting the natural gas in Area One of the Rovuma Basin, off the coast of the northern Mozambican province of Cabo Delgado, has signed a Sale and Purchase Agreement (SPA)

 
  13 May, 2019  
 
Cyclone Idai wiped out over 80,000 hectares of crops
 
A complete assessment of the impact of cyclone Idai on Mozambican agriculture shows that it devastated 813,000 hectares of crops in the 71 districts affected by the cyclone, according to Agriculture Minister Higino de Marrule.

 
  10 May, 2019  
 
More than a quarter of a million new electricity connections
 
New connections to the national electricity grid benefitted 257,490 households in 2018, according to the chairperson of Mozambique’s publicly-owned electricity company, EDM, Aly Sicola.

 


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