News
Security Council: Mozambique will strengthen promotion of peace
MoreMozambican Foreign Minister Verónica Macamo has stated that Mozambique, as a newly elected non-permanent member of the United Nations Security Council, will contribute to the maintenance and promotion of peace in Africa and the world in general.
Mozambique elected to UN Security Council
MoreThe United Nations General Assembly on 9 June elected Mozambique to the Security Council, as a non-permanent member.
Norway donates $3.1 million to protect women and children
MoreThe government of Norway has donated $3.1 million to the United Nations Population Fund (UNFPA) to safeguard the health and protection needs of conflict-affected women and girls in northern Mozambique.
ADB to act as advisor for Mphanda Nkuwa
MoreThe African Development Bank (ADB) on 24 May signed an agreement with the Mphanda Nkuwa Implementation Office under which it will act as advisor for the development of the hydroelectric dam at Mphanda Nkuwa, on the Zambezi River about 60 kilometres downstream from the existing dam at Cahora Bassa in western Mozambique.
Bank Of Mozambique holds interest rates steady
MoreThe Monetary Policy Committee of the Bank of Mozambique (CPMO), meeting in Maputo on 19 May, decided to leave the bank’s reference interest rate unchanged.
World Bank will provide US$300 million
MoreThe World Bank could disburse, by June, US$300 million in support for the Mozambican state budget.
IMF approves US$456 million credit for Mozambique
MoreThe Executive Board of the International Monetary Fund (IMF) on 9 May approved a three-year agreement with Mozambique that will make available US$456 million for the country, of which US$91 million will be available immediately.
Total Energies to build Dondo solar power plant
MoreThe Mozambican government has selected the French multinational oil and gas giant Total Energies to fund the construction of the solar power plant in Dondo district, in the central province of Sofala.
EN1 rehabilitation budgeted at US$750 million
MoreMozambique estimates at about US$750 million the funding needed to guarantee the rehabilitation and maintenance of the country’s main south-north highway (EN1), according to a report in the daily newspaper “Noticias” on 5 April.