Exxon to make $500 million initial investment in Mozambique LNG project

Exxon Mobil plans to invest more than $500 million in the initial construction phase of its liquefied natural…

Mozambique sets up electronic platform for investors

Mozambican and foreign investors will soon be able to make use of a digital platform that will provide…

Approval of two new major power projects

The Council of Ministers approved two electricity and natural gas processing projects valued at US$2.8 billion. These include...

Africa is a “natural” destination for China’s industrial shift

Mozambique’s Industry and Trade Minister Ragendra de Sousa said that China’s industrial activity has in Africa a “natural...

IMF predicts double-digit economic growth for Mozambique from 2023

The International Monetary Fund has projected that Mozambique will record double-digit economic growth starting in 2023, when the...

Anadarko to invest $25 billion in Mozambique gas project

US energy firm Anadarko plans to invest $25 billion (22 billion euros) in developing gas reserves off the...