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Tag: MOZAMBICAN

Companies

Mozambique’s $110 Million Solar Power Investment in Gaza Province

March 13, 2025March 13, 2025 - by Carmen Mendez - Leave a Comment

A private Mozambican group plans to invest $110 million in a solar power plant in Gaza province, with a capacity of 95 MW. Collaborating with Electricidade de Moçambique, the project …

Mozambique’s $110 Million Solar Power Investment in Gaza Province Read More
Global news

Frelimo Advocates for Enhanced Assistance to Cyclone Jude Victims in Mozambique

March 13, 2025March 13, 2025 - by Carmen Mendez - Leave a Comment

Frelimo has urged the Mozambican government to enhance support for victims of Cyclone Jude, which has resulted in six fatalities and significant disruption to education and infrastructure. Meteorologists report the …

Frelimo Advocates for Enhanced Assistance to Cyclone Jude Victims in Mozambique Read More
Global news

Cyclone Jude Causes Widespread Disruption in Nampula, Mozambique

March 13, 2025March 13, 2025 - by Carmen Mendez - Leave a Comment

Cyclone Jude has caused widespread power outages in northern Mozambique, leaving over 270,000 customers in Nampula province without electricity. The cyclone resulted in significant infrastructure damage and has affected thousands …

Cyclone Jude Causes Widespread Disruption in Nampula, Mozambique Read More
Politics

Mozambique Police Open Fire on Peaceful Opposition Parade, Injuring Many

March 12, 2025March 12, 2025 - by Allegra Nguyen - Leave a Comment

Mozambique police opened fire on a peaceful opposition parade on March 5, 2025, injuring at least 16 individuals, including children, amidst protests against rising living costs and contested election results. …

Mozambique Police Open Fire on Peaceful Opposition Parade, Injuring Many Read More
Politics

Mozambique Advances National Development Strategy ENDE 2025-2044 Legislation

March 12, 2025March 12, 2025 - by Sofia Nawab - Leave a Comment

The Mozambican government is set to legislate the National Development Strategy ENDE 2025-2044, aimed at promoting sustainable and inclusive development. Assessments indicate many indicators have met their targets, and strategies …

Mozambique Advances National Development Strategy ENDE 2025-2044 Legislation Read More
Business / Companies

Mozambique’s Internal Debt Exchange and Rising Debt Concerns in 2024

March 12, 2025March 12, 2025 - by Liam Nguyen - Leave a Comment

Mozambique exchanged 3,694 million meticais of internal debt for new issuance, totaling approximately 52.9 million euros. Despite an upper limit of 5.2 billion meticais, demand totaled 3,744.2 million meticais, showcasing …

Mozambique’s Internal Debt Exchange and Rising Debt Concerns in 2024 Read More
Global news

Cyclone Jude Strikes Mozambique’s Nampula Coast, Affecting Thousands

March 10, 2025March 10, 2025 - by Sofia Nawab - Leave a Comment

Cyclone Jude has made landfall near Nacala, Mozambique, with winds of 65 knots. Torrential rain up to 200 millimeters is expected, affecting over 341,000 people. Schools are closed, and approximately …

Cyclone Jude Strikes Mozambique’s Nampula Coast, Affecting Thousands Read More
Business / Companies / economics

Record Mandatory Reserves for Mozambican Banks Reach €4.4 Billion

March 10, 2025March 10, 2025 - by Sofia Nawab - Leave a Comment

Mozambican banks’ mandatory reserves reached a record €4.441 billion in December 2024, up 15% from the previous year. The reserves have broken monthly records consistently for 18 months. The Bank …

Record Mandatory Reserves for Mozambican Banks Reach €4.4 Billion Read More
In memoriam

Celebrating Malangatana: An Exhibition of Artistic Legacy in Maputo

March 10, 2025March 10, 2025 - by Sofia Nawab - Leave a Comment

The BCI Gallery in Maputo has inaugurated an exhibition titled “Remembering Master Malangatana,” featuring twenty-five works by the revered Mozambican artist Malangatana Valente Ngwenya. This tribute celebrates his contributions to …

Celebrating Malangatana: An Exhibition of Artistic Legacy in Maputo Read More
Politics

Mozambique Justice Minister Critiques Use of Live Ammunition Against Protesters

March 10, 2025March 10, 2025 - by Sofia Nawab - Leave a Comment

Mozambican Minister of Justice Mateus Saize condemned the use of live ammunition by police against protesters, calling it abnormal. Over 300 deaths occurred during recent demonstrations linked to electoral fraud, …

Mozambique Justice Minister Critiques Use of Live Ammunition Against Protesters Read More

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