Mozambique

MAPUTO, Aug 18 – ExxonMobil has awarded about $1.1 billion in pre-investment contracts for equipment for the first phase of the Rovuma …

MAPUTO, July 29 – The Bank of Mozambique has kept its benchmark MIMO policy rate unchanged at 9.25%, extending a pause in …

MAPUTO, June 12 – The International Monetary Fund has concluded a week-long mission to Mozambique, holding discussions with government officials on a …

MAPUTO, June 10 – Mozambique is seeking the restoration of direct budget support from the World Bank as part of broader efforts …

MAPUTO, June 8 – French-based engineering and technology company, Technip Energies has secured a major engineering, procurement, construction, installation and commissioning (EPCIC) contract …

JOHANNESBURG, June 8 – Mozambique could expand its economy by as much as $11 billion annually, create tens of thousands of jobs …

MAPUTO, June 4 – Mozambique has enacted sweeping reforms to its mining sector, introducing mandatory state participation in all mining ventures and …

MAPUTO, May 27 – Mozambique is challenging billions of dollars in costs claimed by TotalEnergies and its partners following the prolonged suspension …

MAPUTO, May 25 – Mozambique maintained its benchmark interest rate for a second consecutive meeting as policymakers weighed growing inflation risks linked …

MAPUTO, April 1 – Mozambique has repaid approximately $700 million to the International Monetary Fund ahead of schedule, eliminating its outstanding credit …