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Mozambique: Economy On Upward Trajectory

AFRICANGLOBE - There is now a clear opportunity to use Mozambique's massive gas and coal wealth to fund a yawning infrastructure gap. This in turn will help bring development to the furthest reaches of the country. The government has created a new development bank and is taking a tougher line with multinational companies in order to reach its goals.

More Gas Discovered Off Mozambique Coast

AFRICANGLOBE - Italian energy company ENI announced on Wednesday new gas finds off the eastern coast of Mozambique - the third this year -...

3 African Countries Ranked Among Top Tourist Destinations In The World

AFRICANGLOBE - Mozambique, Malawi and Rwanda have been named among the top tourist destinations in the world and among the top ten adventurous places...

Mozambique to Seek $2 Billion Port and Rail Bids

AFRICANGLOBE - Mozambique plans to solicit international bids for a $2 billion railway and port development project next month to boost its coal exports,...

Mozambique: Can Africa’s Largest Marine Reserve Bring Prosperity?

AFRICANGLOBE - Mozambique has established Africa's largest coastal marine reserve, and there are hopes it could prove to be the key to prosperity for...

Gas Project Could Double Mozambique’s GDP

The Texas-based Anadarko Petroleum Corporation has revealed that it could be looking at producing 50 million tonnes of liquefied natural gas per annum from...

East Africa Seen As New Frontier for Natural Gas Production

East Africa has emerged as the new frontier for natural gas production, boosted by offshore discoveries in Mozambique, Tanzania and Madagascar, a report by...

Mozambique’s Economy ‘Robust and Stable’

The Mozambican economy has undergone robust and stable growth in recent years, despite the adverse effects of the international financial crisis, according to the...

East Africa’s Energy Boom

Gas discoveries in Mozambique and Tanzania, and rising estimates for oil in Uganda, Kenya, Ethiopia and Puntland, are attracting global energy companies to east...

New Gas-Fired Power Plant to Assist South Africa and Mozambique

Plans for a gas-fired power plant to supply electricity to South Africa and Mozambique for two years have been unveiled by UK-based power specialist...

A Huge Buried Treasure in Mozambique

Huge discoveries of offshore gas in Mozambique, and promising finds in Tanzania, have turned East Africa into a new prospection frontier. Two companies, Anadarko of...

Major Trends Shaping African Economic and Security Policy

In this monthly summary of major trends shaping the African policy space, Exclusive Analysis's Natznet Tesfay looks at resource nationalism in Mozambique and South...

Mozambique’s National Airline’s Operating Profits Up By 15 Per Cent

The publicly owned Mozambique Airlines (LAM) increased its operating profits by 15 per cent in 2011, according to a Monday press release from LAM. The...

Mozambique Govt to Invest U.S$200 Million Dollars in Zambezi Valley

The publically-owned Zambezi Valley Development Agency is to invest more than 200 million US dollars in a range of projects to promote social and economic development in the region, according to the daily newspaper "Noticias". The projects will be implemented between now and 2014 covering the areas of agriculture, fisheries, agro-processing, agro-industry, and regional planning and infrastructure.

European Union Barres Mozambican Air Companies From It’s Airspace

The civil aviation authorities of the European Union have decided to keep all Mozambican air companies on the white list of carriers that are banned from flying in E.U. airspace even though the International Civil Aviation Organisation (ICAO) has given Mozambique a clean bill of health.

Mozambique's President Kicks Off All Africa Games

The 10th All-Africa Games, officially inaugurated on Saturday night at Mozambique's national stadium, in the Maputo suburb of Zimpeto, should symbolise unity among Africans and promote the culture of peace on the continent, declared President Armando Guebuza.