October 03, 2023
Mozambique: Govt Wins Massive Debt Cancellation
Mozambique today announced a negotiated deal with the major Swiss Bank UBS. It took over Credit Suisse after CS collapsed under a series of corruption scandals including the… Read more »
April 03, 2023
Mozambique: World Bank Says Mozambique Climate Emergency Mitigation Will Cost U.S.$5 Billion A Year
Mozambique needs to spend $35.8bn on climate change mitigation measures by 2030, representing 30% of GDP, according to Paulo Correa, leader of the program on climate and… Read more »
February 06, 2023
Mozambique: Oil Company Chief Pressures Govt Over Cabo Delgado
TotalEnergies Patrick Pouyanne on Friday 3 February visited Palma and Mocimba da Praia towns and the Afungi gas site and then met President Filipe Nyusi in Pemba. Pouyanne's… Read more »
January 11, 2023
Mozambique: Russian Ship Off Beira, as China and Russia Increase Their Presence
The Russian cargo vessel Lady R is currently at anchor off Beira having sailed from the South Africa Naval Base at Simon's Town on 9 December, where it apparently loaded and… Read more »
December 05, 2022
Mozambique: US-China Battle for Cabo Delgado Graphite Continues - With High Profits But Few Jobs
With Chinese money, the Australian Triton Minerals will go ahead with its Ancuabe, Cabo Delgado, graphite mine, it announced on 1 December. In September Shandong Yulong Gold… Read more »
October 10, 2022
Mozambique: Graphite Has a Place in the U.S.-China Battle
Africa and Mozambique are part of a growing confrontation between the US and China. Mozambique was one of five African countries invited to the United States convened Minerals… Read more »
Mozambique: Government Promised IMF Big Wage and Staff Cuts
The government promised the IMF big wage and staff cuts in order to gain IMF approval in May of a $456 mn Extended Credit Facility. The total civil service wage bill is to be cut… Read more »
September 13, 2022
Mozambique: Insurgents Move South, Mounting Attacks in Nampula Province
Insurgents attacked in two districts of Nampula province, Erati and Memba, in the past two weeks, in the biggest move south from Cabo Delgado. They moved from Ancuabe thorough… Read more »
May 30, 2022
Mozambique: Land Grab and Press Crackdown Point to Dubious Beliefs About War
A land grab in Palma by the Council of Ministers, a press crackdown in the new anti-terrorism law, and the continued discouragement of a return of displaced people - all in the… Read more »