Public mural by Naguib Elias Abdula
22 October, 2014      01:52 GMT +2 Maputo 21°C
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2014 / 10 / 21
Mozambique receives US$1.3129 billion in investments in third quarter
The Mozambican Centre for Investment Promotion (CPI) authorised 137 projects in the third quarter of the year, amounting to investment of US$1.3129 billion, with national investors outpacing foreign investors, according to CPI figures sent to Macauhub in Maputo. With total investment of US$575.2 mi...
2014 / 10 / 21
The Bank of Mozambique (BM) kept the country’s benchmark interest rates unchanged at its most recent monetary policy committee meeting, the central bank said in a statement sent to Macauhub in Maputo. Given the “risks of global economic downturn and the volatility of prices of goods and service...
2014 / 10 / 20
The Vice President of China, Li Yuanchao said at a meeting in Beijing with former President of Timor-Leste (East Timor) Jose Ramos-Horta, that his country intended to increase cooperation with Timor-Leste. According to the Xinhua news agency, Li also said that China and Timor-Leste have cooperated ...
China and Timor-Leste want to strengthen cooperation
2014 / 10 / 17
Mozambique will receive US$115 billion in revenue from exploration of natural gas resources in the country between 2020 and 2040, according to estimates included in a report from the International Energy Agency (EIA) on Africa. According to the EIA report Mozambique will only start exporting liquef...
Mozambique will raise US$115 billion in gas revenues between 2020 and 2040
2014 / 10 / 15
Revenues from exports of cotton fibre to the markets of the European Union, Asia and Mauritius, in the first half of 2014 totalled US$21.2 million, according to the Mozambique Cotton Institute (IAM). In the first six months of the year cotton exports amounted to about 12,000 tons, which was surpl...
Sales of Mozambican cotton total US$21 million
2014 / 10 / 15
The Mozambican Council of Ministers has approved the resolution authorising negotiation of the project to build the Chemba hydroelectric plant on the Zambezi River in central Mozambique, which will generate up to 1,000 megawatts of power, according to Mozambican news agency AIM. The project, accord...

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