Negotiations between Zimbabwe’s NRZ and CFM boost cross-border rail partnership
Currently, NRZ trains operate to Machipanda station in Mozambique, while CFM trains reach the town of Mutare. This partnership will allow CFM to manage...
Inflation in Mozambique rose to 3.26% in April, according to INE data
Mozambique witnessed an increase in year-on-year inflation, reaching 3.26% in April compared to the same period last year, the latest data from the National...
TRAC: End of Maputo corridor concession scheduled for 2028
After 26 years of operations, Trans African Concessions (TRAC) is preparing to close its concession on the Maputo Development Corridor, scheduled to end in...
ENH’s debt in gas projects could have a negative impact on the country’s finances,...
A recent study by the Center for Public Integrity (CIP) took a look at the debt situation of the National Hydrocarbons Company (ENH) in...
Mozambique reaches 67% of electrification target
Mozambique is making great strides towards its goal of providing electricity for the entire nation. With 67% of the electrification target already achieved, the...
Sarens and Lalgy sign strategic partnership in Mozambique
Belgian multinational Sarens, which specializes in heavy lift, project transport and crane rental services, has signed a strategic framework agreement with Mozambican transport company...
OHROS and SolarWorks expand access to renewable energy in Mozambique
OHROS Consulting Group, an international consulting firm specializing in the global energy and utilities sector, has started a collaboration with the Mozambican entity SolarWorks,...
EDM’s turnover increases by 14% in 2023
Electricidade de Moçambique (EDM) announced on Wednesday, May 8, that in 2023, for the third consecutive year, it recorded positive net results of around...
HCB announces dividend payment of more than 6.3 billion meticais
Hidroeléctrica de Cahora Bassa (HCB) announced on Wednesday (8) that it will proceed with the payment of dividends to its shareholders and holders of...
Access Bank strengthens commitment to female leadership at high-profile event
Access Bank Mozambique held a debate to boost female leadership, bringing together more than 50 women from various sectors. The event aimed to discuss...