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    15 January, 2016
  
   IMF predicts gigantic growth rate for Mozambique
 
 

The International Monetary Fund (IMF) predicts that Mozambique’s average growth rate during the first half of the next decade could reach the staggering figure of 24 per cent per annum.
 
     
 
    12 January, 2016
  
   Ncondezi signs deal with Shanghai Electric Power
 
 

The London based company Ncondezi Energy announced on Monday that it has signed a binding Joint Development Agreement with Shanghai Electric Power Company to develop the Ncondezi power project in the western Mozambican province of Tete.
 
     
 
    12 January, 2016
  
   Shipping company opens new route to Nacala
 
 

The international shipping company CMA CGM has announced that it is adding the northern Mozambican port of Nacala to its regular container service known as the “Swahili Express”.
 
     
 
    4 January, 2016
  
   Regular transport of coal to Nacala-a-Velha this month
 
 

Trains laden with coal will soon be travelling regularly between Moatize, in the western Mozambican province of Tete, and the northern port of Nacala-a-Velha, the Tete Provincial Director of Transport and Communications, Romeu Sandoca, has assured AIM.
 
     
 
  18 May, 2017  
 
Signs of economic recovery
 
The Mozambican economy saw an improvement in tax collection and a reduction in expenditure in the first quarter of this year, according to Rogerio Nkomo, National Director of Institutional Coordination in the Ministry of Economy and Finance.

 
  12 May, 2017  
 
Mozambique and Brazil sign agreements
 
The Mozambican and Brazilian Foreign Ministers, Oldemiro Baloi and Aloysio Ferreira, on 11 May signed in Maputo legal instruments, notably on social security, to promote and strengthen cooperation relations between the two countries.

 
  9 May, 2017  
 
Electricity sales rise by 78 per cent
 
Mozambique’s publicly owned electricity company, EDM, increased its sales of power by about 78 per cent between 2015 and 2016.

 


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