Public mural by Naguib Elias Abdula
21 November, 2014      12:05 GMT +2 Maputo 27°C
Top story
2014 / 11 / 20
Mozambique receives US$46.3 million for conservation project
The World Bank has approved a grant of US$40 million to Mozambique through the International Development Association (IDA) to support the implementation of a conservation project prepared by the Mozambican government, the IDA said in a statement. In a statement released Wednesday, the World Bank al...
2014 / 11 / 20
The Sacoil Holdings Ltd. group of South Africa intends to diversify its assets with the construction of a natural gas processing plant and natural gas pipeline in Mozambique, said chief executive Thabo Kgogo. “We are negotiating with some international engineering companies wishing to participate...
2014 / 11 / 20
The British-American Investments Company (Britam) acquired 99 percent of Real Insurance under a deal involving cash and share exchange valued at US$15.74 million, the group said Wednesday in Kenya. Britam, listed on the Nairobi Stock Exchange, now controls several assets so far owned by Real Insura...
2014 / 11 / 19
The first shipment of coal mined in Mozambique by the International Coal Ventures Ltd consortium is due arrive to India on 24 November, said CS Verma, chairman of the consortium of Indian state-owned enterprises. Last July, ICVL, a consortium of the Indian state companies Coal India, Steel A...
Indian consortium receives first shipment of coal from Mozambique
2014 / 11 / 18
Mozambique’s agricultural sector represents 24 percent of the country’s GDP and 20 percent of its exports, said the permanent secretary of the Ministry of Agriculture, Daniel Clemente, according to daily newspaper Notícias. Clemente acknowledged that agriculture, practiced mostly by small fami...
Agriculture represents 24 pct of Mozambique’s economy
2014 / 11 / 18
Montepio Holding Group Portugal has become one of the main shareholders of Banco Terra in Mozambique, and its investment was followed by a capital increase to 1.5 billion meticais (US$48 million), the bank said. The bank also said that the first instalment of the capital increase in the amount of 9...

Novos Caminhos