Mozambique – New Business Ethiopia

United States indicts former Mozambique finance minister

January 6, 2019January 6, 2019 newbusinessethiopia

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.

Meridian gets trade financing for Malawi, Mozambique, Zimbabwe operations

December 4, 2018December 4, 2018 newbusinessethiopia

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

November 9, 2018November 9, 2018 newbusinessethiopia

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

November 3, 2018November 3, 2018 newbusinessethiopia

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 of which 39 (57%) were allocated to women.

Ethiopian Airlines acquires 49% share in Chad Airlines

August 24, 2018August 24, 2018 newbusinessethiopia

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 protection of Africa's intellectual property rights

UN official calls for Africa’s intellectual property rights protection

August 20, 2018August 20, 2018 newbusinessethiopia

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

August 15, 2018August 15, 2018 newbusinessethiopia

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 today.

Mozambique rural enterprises secure $62 million funding

June 13, 2018June 14, 2018 newbusinessethiopia

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.