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Mozambique’s FDI Inflow Grows

Mozambique’s FDI Inflow Grows

(3 Minutes Read) Compared to the previous year, FDI in Mozambique had already grown by 2% in 2023 to just over USD2.50 billion (€2.3 billion)....
Rwanda -Mozambique Joint Venture Isco Segurançato Guard TotalEnergies Gas Plant

Rwanda -Mozambique Joint Venture Isco Segurançato Guard TotalEnergies Gas Plant

(3 Minutes Read) The joint venture provides unarmed guarding services at the USD20bn liquefied natural gas development in Cabo Delgado province. The security company is...
Absa Bank Mozambique  Gets Victor Gomes as New Chairman

Absa Bank Mozambique  Gets Victor Gomes as New Chairman

( 2 Minutes Read) Luísa Diogo, who served as minister of finance and later as prime minister in the governments led by presidents Joaquim Chissano...
Zambia’s Labor Ministry Suspends Amendment to Employment Code

Zambia’s Labor Ministry Suspends Amendment to Employment Code

(3 Minutes Read) Zambia’s Ministry of Labour and Social Security has withdrawn and suspended the amendment of the Employment Code Act number 3 of 2019,...
Hakainde Hichilema to Give More Importance to PPP Model of Growth

Hakainde Hichilema to Give More Importance to PPP Model of Growth

(3 Minutes Read) The recently completed Chingola-Kasumbalesa Road and the ongoing Lusaka-Ndola Road project were highlighted as successful examples of PPP initiatives Zambian President Hakainde Hichilema...
Amsons Group to Acquire Bamburi Cement

Amsons Group to Acquire Bamburi Cement

(3 Minutes Read) Amsons Group, a family-run business with operations in diverse markets in East Africa, including Tanzania, Zambia, Malawi, and Mozambique, said that the...
Tanzania's Adrian Raphael Njau Appointed CEO of EABC

Tanzania’s Adrian Raphael Njau Appointed CEO of EABC

(3 Minutes Read)  The board of the East African Business Council (EABC) said Mr Njau would take over with effect from July 12 when the...
Tanzanian President Samia Suluhu Hassan Calls for Developing Good Road Network in Africa

Tanzanian President Samia Suluhu Hassan Calls for Developing Good Road Network in Africa

(3 Minutes Read) President Hassan said that, unlike the other countries, Tanzania has made significant strides in road connectivity, both domestically and with those linking...
Vedanta Closer to Retain Zambia’s Konkola Copper Mines

Vedanta Closer to Retain Zambia’s Konkola Copper Mines

(3 Minutes Read) The Konkola copper mine was pushed into liquidation by the Zambian government in 2019 following Preside Edgar Lungu's allegations that it had...
Ruto Appoints First Set of New Ministers: Six Ministers Retained

Ruto Appoints First Set of New Ministers: Six Ministers Retained

(3 Minutes Read) Ruto dismissed all but one minister and said he would form a broad-based government that would help him address issues that led...

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