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    28 April, 2015
  
   Triton Minerals secures funding
 
 

The Australian mining company Triton Minerals, which holds the rights to graphite deposits in the northern Mozambican province of Cabo Delgado, announced on Monday that it has secured up to US$200 million to develop its mine.
 
     
 
    28 April, 2015
  
   Equipment mobilised for Pemba Logistics Base
 
 

The China Harbour Engineering Corporation (CHEC), the contractor for building the first phase of the Hydrocarbon Integrated Logistics Base, in the northern Mozambican city of Pemba, has begun to mobilize its equipment for the take-off of construction, according to a press release from the publicly o
 
     
 
    15 April, 2015
  
   Agriterra expands into Nampula
 
 

The Guernsey registered company Agriterra on Tuesday announced that it has expanded its retail butchery operations in Mozambique through the opening of new facilities in the northern province of Nampula.
 
     
 
    11 April, 2015
  
   Central Bank holds interest rates steady
 
 

Despite the sharp depreciation of the Mozambican currency, the metical, in March, the Bank of Mozambique has refused to raise its key interest rates, which remain at historically low levels.
 
     
 
    9 April, 2015
  
   CFM income rises by over 40 per cent
 
 

The Chairperson of Mozambique’s publicly owned ports and rail company (CFM), Victor Gomes, on 8 April announced an increase of 41 per cent in the company’s operating income.
 
     
 
    7 April, 2015
  
   US promises US$300 million for health
 
 

The United States government has pledged to disburse about US$300 million for the health sector in Mozambique.
 
     
 
    3 April, 2015
  
   Japanese grant for Nacala Corridor electricity
 
 

The Japanese government is to grant Mozambique US$19 million to strengthen the electricity grid in the Nacala Corridor, in the northern province of Nampula.
 
     
 
    3 April, 2015
  
   World Bank loan for roads and bridges
 
 

The World Bank Board of Executive Directors has approved additional funding of US$73.6 million to support the management and maintenance of Mozambican roads and bridges.
 
     
 
    2 April, 2015
  
   Upgrading of Beira – Zimbabwe road begins
 
 

The construction of a second bridge over the Pungue river, between the districts of Dondo and Nhamatanda began on Wednesday, marking the start of the project to rehabilitate and upgrade the 286 kilometre long highway between the port of Beira and Zimbabwe.
 
     
 
  9 June, 2017  
 
New chairperson for telecoms companies
 
The shareholders of Mozambique’s two publicly owned telecommunications companies, TDM (which runs the network of fixed lines), and the mobile telephony company MCel, met on 8 June and elected Mohamed Rafique Jusob as chairperson of the board of directors of both companies.

 
  7 June, 2017  
 
President lays first stone on Cuamba-Lichinga road
 
President Filipe Nyusi declared on 6 June that a tarred road between the two main cities in the northern province of Niassa, Cuamba and Lichinga, was no longer a dream but is becoming a reality.

 
  29 May, 2017  
 
New CTA Chair promises “cohesion”
 
The newly elected chairperson of the Confederation of Mozambican Business Associations (CTA), Agostinho Vuma, on 26 May promised to work towards greater cohesion among CTA members and make the organization more effective in consolidating the business environment in Mozambique.

 


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