Botswana’s Currency Peg Under Strain as Reserves Plunge and Diamond Revenues Falter
(3 Minutes Read)
Botswana’s fixed exchange rate regime is facing its greatest challenge in decades, as the country’s foreign exchange reserves have dropped to record...
Botswana Gambling Sector Sees Robust Growth in 2022/23 Amid Post-Pandemic Recovery
(3 Minutes Read)
The 2022/23 annual report from the Gambling Authority reveals a significant rebound in the gambling sector, marking an 18.6% increase in total...
Mozambique to Issue License to Private Company for Air Operations
(3 Minutes Read)
The director general of the private airline Solenta Aviation Mozambique told media recently that the prompt issuance of the licence to start...
Angola to Launch Salt Exports to DRC Following Landmark Trade Agreement
(3 Minutes Read)
Angola is set to begin exporting domestically produced salt to the Democratic Republic of Congo (DRC) next week, marking a pivotal step...
TotalEnergies USD 20 Billion Gas Project in Mozambique Back on Rail?
(3 Minutes Read)
Reports indicate that firms have taken preliminary steps, including deploying resources to the project site. However, a Total representative declined to comment,...
Mozambique to Ask China to Restructure Debt
(3 Minutes Read)
Rescheduling or even forgiveness of the debt was not an outlandish idea, Chapo said without confirming whether such requests were made to...
Mozambique Trade Association Urges Improving Tax Policy
(3 Minutes Read)
Álvaro Massingue, the president of the CTA, said that the Conformity Assessment Program delays the customs clearance process when importing products into...
Mozambique’s Vegetable Exports Rise by 24% in 2024
(3 Minutes Read)
Bananas, another traditional Mozambican export, brought in USD 37 million (€31.5 million), up from USD 32 million in 2023, mainly purchased by...
Dugongo Cimentos is to invest in a third cement factory in Mozambique
(3 Minutes Read)
Mozambique Dungongo Cimentos is owned by the Mozambican business group SPI and the China West Cement Company Limited. The new Dugongo unit...
Angola Allocates Over 6.4 bn Kwanzas to Boost Rice Production and Revive Agricultural Infrastructure
(3 Minutes Read)
In a significant step toward revitalising Angola’s agricultural sector, the Government has approved the expenditure of more than 6.4 billion kwanzas for...
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