Mozambique Archives - Page 3 of 3

ZIMBABWE NEGOTIATE MORE POWER DEAL WITH MOZAMBIQUE

Posted on 26 August 2019 by Gambeta News

Minister Advocate Fortune Chasi announced negotiation deal with Mozambique for electricity generation. Zimbabwe is negotiating a deal with Mozambique for electricity generation in the country. The 400 MW deal will enable the country prevent more power shortage which they are facing at the moment. This was according to Energy and Power Development Minister Advocate Fortune Chasi during a statement. Minister Chasi said “We are actually in the process of engaging Hydro Cahora Bassa of Mozambique…

BIGGEST INVESTMENT IN MOZAMBIQUE

Posted on 24 June 201924 June 2019 by Gambeta News

Anadarko Petroleum makes huge investment in Mozambique despite market uncertainties. These energy investors have committed US $25 billion into the development of a LNG facility off the coast of Mozambique. Anadarko Petroleum will finance the project with US $11 billion in equity and US $14 billion in debt. Click on the floating icon on the right to subscribe. More so, please share, Follow us on Twitter and don’t forget to also like us on Facebook. Read more on investment…

MOZAMBIQUE PRESIDENT CALLS FOR RECONSTRUCTION FUND

Posted on 3 June 2019 by Gambeta News

President Nyusi calls for speed in disbursing Reconstruction funds. Mozambique President Filipe Nyusi has ask funding agencies to disburse promised fund for reconstruction work. Speaking during the international post-cyclone pledging conference held in Beira, President Filipe stressed the urgency of putting the promised financing to work. According to the President Nyusi, ”It is crucial to simplify the methods of disbursing the funds. Because the value could be larger, but when the modalities of delivering it…

HYDRO SALES LEADER AT GENERAL ELECTRIC, MOZAMBIQUE

Posted on 6 May 2019 by Gambeta News

GE drives the world forward by tackling its biggest challenges. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. GE people are global, diverse, operating with the highest integrity and passion to fulfill GE’s mission and deliver for our customers. GE is looking for Hydro Sales Leader to head the central Africa division in Mozambique. JOB DESCRIPTION Hydro Sales Leader Central Africa will be responsible for…

SASOL GET APPROVAL FOR GAS EXPLORATION IN MOZAMBIQUE

Posted on 19 November 201819 November 2018 by Gambeta News

Sasol company receive two license to explore gas in mozambique which will help expand its brand. Gas exploration in Africa is key towards having a good infrastructure development. This is why Africa nations mostly East Africa is striving to use this medium to help develop the nation. Mozambique has approve two licence to Sasol which will enable them explore gas to the country. Meanwhile, the licence will help to explore on an area of close…

MOZAMBICAN ENTREPRENEUR RECEIVE GOLD AT WORLD INVESTMENT FORUM 2018

Posted on 26 October 201826 October 2018 by Gambeta News

Mozambican entrepreneur receives gold medal at the ongoing World Investment Forum 2018 in Geneva. The World Investment Forum is a biennial programme that promotes investment for sustainable development. It also aids the facilitation of policy dialogue among a diverse community of investment stakeholders. The award was given to Uneiza Ali Issufo because of her company’s commitment to quality, sustainability and environmental protection. Uneiza Ali Issufo is the founder of ConsMoz Ltd, a construction company based in…

CONTRACTORS ABANDON 800 STATE PROJECT IN MOZAMBIQUE

Posted on 18 September 201822 September 2018 by Gambeta News

Mozambique’s Minister of State issue warning to Public Managers over project abandon by contractors. Contractors on state project is refusing to complete it in Mozambique. This comment was air by the Minister of State Administration, Carmelita Namashalua. Meanwhile, According to the minister, the contractor has receive 100% of the money in the contract. According to the Minister, some of the contractors did not finish the project while some did half before leaving it. She also said that…

TANZANIA MORE FAVORED WITH THE US$ 175bn GAS ROADMAP PROJECT

Posted on 27 July 201827 July 2018 by Gambeta News

Tanzania will benefit from US-led initiative to invest in gas plants in Africa. US companies will invest US $175 bn in gas power projects in Tanzania and eight other African countries. Other countries include Kenya, Côte d’Ivoire, Ghana, Nigeria, Senegal, Angola, Mozambique and South Africa. The countries were picked for there large populations, high gross domestic product. As well as there local gas resources or are planning liquefied natural gas (LNG) import projects. Hence, the…

MOZAMBIQUE SECURE LOAN FOR MOATIZE-MACUSE RAILWAY CONSTRUCTION

Posted on 27 July 2018 by Gambeta News

Mozambique secures loan for its moatize-macuse railway project which will also help the nation coal production sector. Mozambique has secure a loan worth US2.7Billion from china for the construction of a 639 km-railway. Meanwhile it will transport coal from the mines of Moatize and Chitima in Tete. It will also transport new floating coal terminal off the coast at Macuse, Zambezia, just north of Quelimane. The project will be launch in 2019 with completion date set for 2022….

Independence Day in Mozambique

Posted on 26 June 201826 June 2018 by Gambeta News

TODAY is Independence Day in Mozambique, celebrating its independence from Portugal on June 25, 1975. After over four centuries of Portuguese rule, they gained independence in 1975, becoming the People’s Republic of Mozambique shortly thereafter. Mozambique is a country in Southeast Africa. The official name of the country is the Republic of Mozambique. It is bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the…

MOZAMBIQUE MAKING PLANS FOR GAS REFINERY CONSTRUCTION

Posted on 18 May 2018 by Gambeta News

Mozambique set to construct a gas refinery after reaching agreement. The construction of the gas refinery is already in motion in mozambique. It is also currently undergoing a public tender stage for interested firm looking to undertake the project. The National Hydrocarbon Company (ENH) is in charge of constructing the refinery. It has also sign an agreement with chinese firm to help monitor the development of the project. The agreement was sign with Chinese National Petroleum Corporation…

AFRICA’S LONGEST SUSPENSION BRIDGE TO OPEN IN JUNE

Posted on 11 May 2018 by Gambeta News

Mozambique to commission Africa’s Longest Suspension Bridge in June 2018. The commissioning of Africa’s longest suspension bridge will be on the 25th of June this year. The bridge is currently under construction in Mozambique. It’s commissioning date is also the same date as Mozambique independence in 1975. The Maputo-Catembe Bridge costs a whooping US$700m. It is part of a larger project that includes a set of access roads on both banks and other roads, including one leading to…

MOZAMBIQUE OPENS NEW OFFSHORE HOTEL TO PUBLIC

Posted on 19 April 2018 by Gambeta News

New Offshore hotel (StayEasy Maputo) opens in Mozambique. Mozambique have officially opened the newest offshore hotel property known as StayEasy Maputo to the public. The Tsogo Sun Group’s, StayEasy Maputo hotel is located beside the shoreline of Mozambique’s capital Maputo. The hotel is only 9 km from the Maputo International Airport, and is next to the Baía Shopping Mall. It is obviously mainly for business guests, and leisure travelers, visiting the city. It also offers easy access…

MOZAMBIQUE MAPUTO RING ROAD NOT COMPLETE DUE TO FINANCIAL ISSUES

Posted on 16 March 2018 by Gambeta News

Maputo ring road not complete due to financial issues. The construction of the ring road is experience delay due to low funds to settle the resident. The fund is not enough to pay about 500 households in the outer Maputo neighbourhood of Luis Cabral. The part to be complete is section six which will link the ring road to the Maputo-South Africa motorway. The road is being built with 300 million US dollars from the Exim Bank of…

ATTERBURY COMPLETES MAJOR PROJECTS IN AFRICA

Posted on 25 January 201825 January 2018 by Gambeta News

Property developer and investor Atterbury, focused to develop Africa. Lack of opportunities in South Africa because of a low growth environment, has cause Atterbury to shift its focus to Mozambique and have currently completed the first phase of the US$20m Pemba Shopping mall in Mozambique’s port city of Pemba, the capital city. Pemba Shopping, an 8,000m² centre, is a joint venture between Atterbury and TradeHold Africa. It is one of three shopping centres that Atterbury is…

US$10.1M MOZAMBIQUE’S WATER PUMPING STATION INAUGURATED

Posted on 14 November 2017 by Gambeta News

Magula water station inaugurated by President Filipe Nyusi. The Magula water station which is located in the Lower Limpopo irrigation scheme was inaugurated by President Filipe Nyusi. The water station which has the capacity to pump 2.49 cubic metres of water a second is expected to produce 5,000 tonnes of rice and 20,000 tonnes of vegetables per agricultural campaign, in addition to maize and other crops. The project which will increase in productivity and production will help guarantee food security and…

YARA INTERNATIONAL TO CONSTRUCT US$ 2BN GAS PLANT IN MOZAMBIQUE

Posted on 7 November 20178 November 2017 by Gambeta News

Yara international seeks more investors to partner in the construction of a gas plant in Mozambique. Yara international which is a Norwegian fertilizer maker is to construct a gas plant in Mozambique. The project is geared towards having ammonia and urea from the country’s gas output that will produce up to 1.3-million metric tons of fertilizers annually. Yara CEO, Svein Tore Holsether; “The value of the project, if I use industry benchmarks, will be about US…

CHINA ANNOUNCES PART CANCELLATION OF MOZAMBIQUE’S DEBT

Posted on 30 October 2017 by Gambeta News

China forgives part of Mozambique’s debt During a ceremony in Maputo, where Mozambique’s Deputy Foreign Minister Nyeleti Mondlane and the Chinese ambassador, Su Jian, signed various economic and technical cooperation agreements, it was announced that the interest on Chinese loans that should have been paid by the end of this year by Mozambique which amounted to 239.26 million yuans (about 36 million US dollars, at current exchange rates), have been pardoned. According to Mondlane, the debt cancellation was of…

« 1 2 3