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Mozambique plans to increase production of liquefied natural gas (LNG) by 500% in five years, to 20 million tonnes per year (mtpa), according to data from the government’s Five Year Programme 2025 – 2029 (PGQ) accessed by Lusa on Tuesday.

Mozambique to Up LNG Production

(3 Minutes Read) According to the forecasts set out by the government in the document, which will be discussed over the next few weeks in...
The Mozambican government launched the project to set up an Electronic Government Procurement (e-GP) platform aimed at modernizing government procurement, making it more transparent, efficient, and traceable.

E-Procurement Project in Mozambique Launched

(3 Minutes Read) The President of the Confederation of Economic Associations of Mozambique (CTA), Agostinho Vuma, said that the transition to a digital model was...
Mozambique is facing acute dollar shortages, which is grossly affecting its food and oil imports.  It is now taking a more serious toll as companies struggle to source crucial inputs like wheat, according to the Mozambique Bakers Association.

Mozambique Facing Acute Dollar Shortage

(3 Minutes Read) Some fuel pumps have run dry in the center and north of the country in recent days. The aviation industry has also...
Egypt Receives USD 4.3 Billion Loan Approval from European Union

Egypt Receives USD 4.3 Billion Loan Approval from European Union

(3 Minutes Read) The European Parliament has recently approved a substantial financial assistance package for Egypt, totaling USD 4.3 billion. This funding aims to bolster...
In 2024, Namibia's e-money transactions surged to N$43.7 billion, up from N$37.7 billion in 2023, with transaction numbers rising to 86 million from 72 million. This growth reflects changing consumer habits favoring digital wallets, as highlighted by the Bank of Namibia (BoN).

Namibia Sees E-Money Transactions Jump to N$43.7 billion

(3 Minutes Read)  In 2024, Namibia's e-money transactions surged to N$43.7 billion, up from N$37.7 billion in 2023, with transaction numbers rising to 86 million...
Daures Hydrogen Village in Namibia to Benefit from UK Investment

Daures Hydrogen Village in Namibia to Benefit from UK Investment

(3 Minutes Read)  Namibia's Daures Green Hydrogen Village has been recognized as one of the inaugural recipients of the UK-funded Accelerate to Demonstrate (A2D) Facility,...
Vodacom Lesotho Launches SME Connect to Boost Local Business Growth

Vodacom Lesotho Launches SME Connect to Boost Local Business Growth

(3 Minutes Read) Vodacom Lesotho has introduced SME Connect, a new suite of solutions aimed at empowering small and medium-sized enterprises (SMEs) in Lesotho. The...
Ugandan President Yoweri Museveni in South Sudan to Broker Peace

Ugandan President Yoweri Museveni in South Sudan to Broker Peace

(3 Minutes Read) Machar’s political group has said that a 2018 agreement, the basis for relative peace after a brutal civil war is effectively over. ...
A Chinese group is building a condominium with 6,000 flats on the outskirts of Maputo, a housing project for young people launched on Wednesday by the Mozambican president, valued at USD2 billion (€1,850 million).

Chinese Realty Firm to Build Condominium in Mozambique

(3 Minutes Read) The private development, he explained, aims to “build a housing community of a conventional standard, aimed essentially at young people, and of...
Airline Mozambique LAM to Expand Fleet to Meet Increased Demand

Airline Mozambique LAM to Expand  Fleet to Meet Increased Demand

(2 Minutes Read) LAM recently announced the suspension of flights to Harare (Zimbabwe), Lusaka (Zambia) and Lisbon (Portugal) as they do not guarantee a financial...