Africa’s LNG growth hinges on investment, strategic partnerships
Accelerating Africa’s liquefied natural gas (LNG) ambitions will depend on mobilizing risk-tolerant investment, building strong technical and commercial partnerships, and committing to local capacity-building,...
HCB to Pay €100 Million in Dividends
The Cahora Bassa Hydroelectric Plant (HCB), in central Mozambique, will distribute 7.4 billion meticais (€102.6 million) in dividends to shareholders from Monday, including Portugal’s...
Mozambique Seeks New Terms: President Calls for Renegotiation of Megaproject Contracts
President Daniel Chapo has signalled a significant shift in Mozambique's approach to foreign investment, asserting that the nation is no longer bound by agreements...
Volvo CE unveils new generation of excavators
Volvo Construction Equipment is releasing six new excavator models in Africa and the Middle East, with up to 15 percent greater fuel efficiency, improved...
Mozambique Funnels Mining and Oil Profits into Community Development
The Mozambican government has injected 1.159 billion meticais (16.9 million euros) into community development programs this year, utilizing revenue generated from the nation's burgeoning...
Innovative Financing and Policy Support: Accelerating Renewable Energy Development in Africa
As Africa’s energy sector deregulates, exciting opportunities open up for financial innovation to benefit consumers. Private-sector buyers and traders can mitigate default risk and...
Mozambique Unearths its Potential as a Mining Powerhouse
Mozambique is on the cusp of a mining boom, according to industry experts, with its vast reserves of minerals propelling it towards the forefront...
Lights On, Economy Up: Zambia and Mozambique Plug Power Gap with Bolstered Partnership
In a move that promises to brighten homes and businesses across Zambia, the country has struck a new deal with its neighbor, Mozambique, to...
Paratus Group provides resilient network capacity solutions
Multiple outages on undersea cables are disrupting internet and online services and have been affecting millions of people in Africa for the past two...
Trafigura and Kamoa-Kakula sign agreements to become first customers of the Lobito Atlantic Railway
Singapore, 7 February 2024 – Trafigura and Kamoa-Kakula have today agreed long-term commitments to transport minerals via the Lobito Atlantic Railway for a minimum...
