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    29 October, 2015
  
   Results of hydrocarbon licensing round announce
 
 

Mozambique’s National Petroleum Institute (INP) has announced the results of the fifth licencing round for exploration and production of hydrocarbons in fifteen blocks.
 
     
 
    22 October, 2015
  
   US$31 billion to be invested in Rovuma Basin gas
 
 

Total projected investment in natural gas operations in the Rovuma Basin, in the northern Mozambican province of Cabo Delgado, now stands at 31 billion US dollars, according to Omar Mitha, chairperson of the National Hydrocarbon Company (ENH).
 
     
 
    21 October, 2015
  
   Joint venture to mine alluvial gold
 
 

The British based company Xtract Resources has entered into a joint venture with Mineral Technologies International to develop an alluvial gold mine in the central Mozambican province of Manica.
 
     
 
  13 January, 2017  
 
Flood alert on some rivers, but Umbeluzi remains low
 
Although several major Mozambican rivers are at or approaching flood alert level, in the far south the Umbeluzi River, on which Maputo depends for its water supply, remains dangerously low.

 
  5 January, 2017  
 
Dedicated electricity line for new hospital
 
Electricity company announces independent, medium voltage transmission line exclusively to provide power for the country’s newest health unit, the Quelimane Central Hospital.

 
  3 January, 2017  
 
New Deputy Governor of Central Bank
 
President Filipe Nyusi has urged the new Deputy Governor of the Bank of Mozambique, Victor Pedro Gomes, to make every effort to help stabilize the country’s economy.

 


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