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Mozambique

Mozambique

Population: 34.86m
GDP: $22.98bn
Debt: 96.9% of GDP (2024)

news from Mozambique

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Found 247 articles.

Displaying 181-190 out of 247 results.

Poll post-mortem shocks

A secret report by the Zambézia Province command of the national police on why the Frente de Libertação de Moçambique so resoundingly lost the mayoral election in Quelimane...


Energy bonanza promises real financial independence

Mozambique is on the threshold of a multi-billion dollar energy boom destined to transform a country that, less than 20 years ago, was counted by the World Bank as the world’s poorest, with per capita gross domestic product of US$80. It is still a weak state that lacks capacity to manage such a large range of investment projects and there is concern that resource wealth will facilitate corruption and poor governance. State revenue from these riches promises eventually to deliver something else – revenue independence. This would be a big change for a country highly dependent on foreign aid: grants and concessional loans currently contribute 41% of the national budget

Energy resources lie at the heart of foreign direct investment commitments worth $28 billion. This is more than double 2011’s total gross domestic product of $12 bn. and...


Stakes and taxes

The government has announced that it will tax mergers and acquisitions in the resource sector. The first is Royal Dutch Shell’s proposed purchase of Britain’s Cove Energy, holder...


Maputo shuns US concern

The government appears indifferent about beefing up coastal security and introducing anti-pirate laws

The United States is making little headway in its bid to get Mozambique and other coastal states to beef up their anti-piracy laws and their military response. It...


Maputo’s pan-Asian business plan

The government is bringing in investment from every substantial economy in Asia to back its industrialisation and energy projects

From the roads and rail networks to telecoms, the energy sector and the myriad minerals buried in its soil, there has been a sharp spike in the presence...


Diverse diplomats

The array of investments across the economy shows that the government is keen to see Mozambique diversify away from purely resource-based flows. The variety of Asian partners is...


Return of the Chissanoistas

President Guebuza’s bid to stay on looks dead, which could mean a Chissano comeback

After seven years of consolidating his position, Armando Emílio Guebuza now faces the failure of his bid to change the constitution to permit him a third term as...


Comrades and compromisers

Eduardo Mulémbuè: Parliament's former, long-serving Speaker, is a low-key, neutral figure with support across the Frente de Libertação de Moçambique (Frelimo) factions and a good compromise candidate.


Small coup in Quelimane

The victory of the Movimento Democrático de Moçambique in the mayoral by-election in Quelimane on 7 December was a humiliating – and unnecessary – defeat for the ruling...


By-election business

The resignation of three Frente de Libertação de Moçambique mayors is raising strong political interest, as well as the hopes of opposition parties, in the by-elections set for...


Displaying 181-190 out of 247 results.