Mozambique

Mozambique's 2024 state budget heralds a significant shift towards strengthening its economy. With a 15% increase in spending, totaling 542.7 billion meticais ($7.8 billion), the...

Renamo, Mozambique's main opposition party, is taking decisive legal action following the controversial local elections on October 11. The party plans to stop the repeat...

The World Bank has flagged The Gambia's and Mozambique's state-owned enterprises (SOEs) as a financial hazard to the nation's economy. In a detailed study, they...

In 2022, Mozambique's Cahora Bassa Hydroelectric Plant (HCB) achieved its highest electricity production in five years, generating 15,753.5 gigawatt-hours (GWh). This marked a 5.1% increase...

Renamo, the primary opposition party in Mozambique, has openly rejected the local election results announced by the Constitutional Council (CC). Ossufo Momade, Renamo's President, declared...

Mozambique, rich in graphite, is positioning itself as a key supplier to the European Union's electric vehicle industry. Max Tonela, the country's Minister of Economy...

Mozambique's October 11 municipal elections have sparked widespread unrest, primarily among young voters, demanding transparency. They are frustrated with the unclear and delayed election results. The...

The Mozambican government is considering converting its debt to Portugal into funding for climate projects. Facing climate change threats, Mozambique seeks to transform its 675...

Since the terrorist attacks in Cabo Delgado, Mozambique has increased its national security spending by $1.69 billion. This information comes from a study by the...

In 2024, Mozambique's debt service costs are projected to increase by 18%, reaching over 116.631 billion meticais (approximately $1.712 billion). This information comes from the...

Mozambique is on course to nearly quadruple its solar power production by 2024, thanks to the expansion of solar parks nationwide. The 2024 budget bill,...

Mozambique saw a significant 34% jump in tourist numbers after starting a visa waiver program. This move aimed to make the nation more inviting...

Mozambique's national energy landscape is now heavily reliant on renewables, which form 70% of its mix. The state utility, Electricidade de Moçambique (EDM), aims for...

The International Monetary Fund (IMF) has recognized Mozambique's economic potential following improved security in its northern region. This development offers a brighter future, as major...