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Countdown for Mozambique mega gas project quickens

Mozambique’s $80 billion energy transition strategy will harness its offshore natural gas reserves in a diverse energy mix that will also exploit its abundant hydroelectric, wind and solar resources, said President Filipe Nyusi. He was speaking at a high-level panel event at the just-ended United Na...

GFT | 2023.12.20 | 조회 490

Mozambique: Parliament approves sovereign fund from gas revenues

Mozambique’s parliament gave final approval on Friday to the creation of the Mozambique Sovereign Fund with revenues from natural gas exploration, which by the 2040s should reach 6 billion dollars a year. The proposal to create the Mozambique Sovereign Fund, presented by the government, received 165...

GFT | 2023.12.16 | 조회 462

Steady growth in Mozambican economy, says PM

The Mozambican economy grew steadily in the first nine months of this year, according to Prime Minister Adriano Maleiane. Addressing the Mozambican parliament, the Assembly of the Republic, on Wednesday, during a question and answer session between the deputies and the government, Maleiane said the a...

GFT | 2023.12.04 | 조회 492

Study names Mozambique as the third most attractive country for trade in Africa

Mozambique is the third most attractive country for commercial activity in Africa, according to the Standard Bank African Trade Barometer (SB ATB) study released on Friday. The SB ATB, now in its third edition, evaluated ten African countries on the basis of surveys of economic agents from various se...

GFT | 2023.11.21 | 조회 481

Mozambique secures US$158M from Saudi Development Fund for three projects

The Government of Mozambique and the Saudi Development Fund (FSD) last week signed a set of public infrastructure financing agreements worth US$158 million. The agreements were signed in Riyadh, the capital of Saudi Arabia, between the Minister of Economy and Finance of Mozambique, Max Tonela, and th...

GFT | 2023.11.14 | 조회 502

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