News
Globelec to acquire majority stake in Mocuba Solar Power Plant
MoreLondon-based independent power producer Globeleq (an institution formed by Norwegian and British funds) on 18 July announced that it has reached an agreement to buy Scatec’s 53.5 per cent stake in the Mocuba Solar Power Plant in the central Mozambican province of Zambezia.
MOZAMBIQUE JOINS INTERNATIONAL COFFEE ORGANIZATION
MoreMozambique has joined the International Coffee Organization (ICO) in a move to promote the country as a source of some of the world’s most environmentally and socially sustainable coffee.
Mozambican ruby achieves record price
MoreA 55.22-carat ruby named “Estrela de Fura” (“Star of Rage”), discovered by the Canadian company Fura Gems in Montepuez district, in the northern province of Cabo Delgado, has hit a record price, when it was sold for US$34.8 million at an auction that took place in New York, on 7 June.
LAM to introduce flights to Lusaka
MoreMozambique Airlines (LAM) has announced that it will begin flights between Maputo and the Zambian capital, Lusaka, with a stop in Harare, as of 30 June.
Work underway to double track from Matola-Gare to Ressano Garcia
MoreThe doubling of the track along the Ressano Garcia railway line, which links Mozambique and South Africa, from the Matola-Gare Administrative Post to Secogene, in Maputo province, over a stretch of about 50 kilometres, is expected to be concluded by next September.
President Nyusi receives British Minister
MorePresident Filipe Nyusi on 17 May granted an audience to the British Minister of State for Development and Africa, Andrew Mitchell.
Coral South platform employs over a hundred Mozambicans
MoreThe Coral South floating platform for the production of liquefied natural gas (FLNG), in the Rovuma Basin, employs over a hundred Mozambicans, the project’s managing director, Giorgio Vicini, announced on 8 May.
Trade between Mozambique and UK may reach US$505 million
MoreThe British High Commissioner to Mozambique, Helen Lewis, announced on 4 May in Maputo that trade between Mozambique and the United Kingdom may reach £400 million (US$505 million) in the next few years.
UNICEF lacks funds for life saving services in Mozambique
MoreThe United Nations Children’s Fund (UNICEF) has warned that it has only received 29 per cent of the funding needed to sustain its life-saving services for over a million children and families in Mozambique.