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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.
 
     
 
  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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