United States indicts former Mozambique finance minister
The United States indicts former Mozambique finance minister Manuel Chang on charges related to a $2 billion debt deal that led to a default in 2017.
Tag: Mozambique
Meridian gets trade financing for Malawi, Mozambique, Zimbabwe operations
The African Development Bank through its Trade Finance operations has signed a US$20 million facility to finance Meridian’s operations in Malawi, Mozambique and Zimbabwe.
Portuguese speaking countries set sight on $5 billion projects
Portuguese speaking have identified a pipeline of more than $5 billion in private sector and private-public partnership (PPP) projects to accelerate growth in their economies.
African Development Bank awards scholarships to students in Mozambique
The African Development Bank and Mozambique’s Lúrio University recently launched the UniLúrio Support to Skills Development for Agriculture and Industry Programme in Pemba, Mozambique.The Bank has also awarded 68 scholarships … Read More
Ethiopian Airlines acquires 49% share in Chad Airlines
Ethiopian Airlines Group, which owns shares in in four African countries’ airlines, has announced its fifth joint venture with the Chad government buying 49%.
UN official calls for Africa’s intellectual property rights protection
The Executive Secretary of the UN Economic Commission for Africa, Ms. Vera Songwe calls on Africa leaders for the protection of Africa’s intellectual property rights.
Mozambique makes journalism difficult with exorbitant accreditation fees
The introduction by Mozambican authorities of exorbitant media accreditation fees is an assault on freedom of the press and a blatant attempt to clamp down on journalists, Amnesty International said … Read More
Mozambique rural enterprises secure $62 million funding
A new funding is set to help more than 287,700 rural people engaged in agriculture, fisheries and small and medium-sized enterprises in 10 provinces of Mozambique.
FDI flow to Africa declines, UN report
Foreign Direct Investment (FDI) flows to Africa slumped to $42 billion in 2017, a 21% decline from 2016, says World Investment Report 2018.
Report examines ten African countries’ public finance management
A new flagship report co-produced by The African Capacity Building Foundations and the African Development Bank looks ten African countries public finance management.