Angolan mining company Sociedade Mineira da Catoca plans to invest US$330 million over the next three years in large sample collection works in the area of the future Luaxe mine, the company’s director general announced on Thursday in Saurimo. The start of the work is scheduled for the first half...
Qatar Petroleum has signed an agreement with US group Exxon Mobil to acquire a 10% stake in three maritime exploration blocks in Mozambique, the company said in a statement. The consortium involved in the three blocks in the Angoche and Zambezi basins is now made up of ExxonMobil, as operator...
The African Export and Import Bank is available to open a US$1 billion credit line to finance projects of small and medium-sized companies in Angola, a consultant from the bank said in Cairo. Consultant Paulo Gomes, at the end of a visit to Angola’s pavilion at the 2018 Intra-African Trade...
Masterclass collection is a monthly event by Startup Africa where we host seasoned entrepreneurs, business leaders or a professional coach to address the most recent concepts and researches both in the business and leadership scene. The main purpose of this event is to awaken the business, leadership and innovation mindset,...
Ethiopian Mozambique Airlines, a new airline established in partnership with Ethiopian Airlines, is expected to start flights on December 1, 2018. The new airline will serve 8 domestic points in Mozambique including Maputo, Nampula, Tete, Pemba, Beira, Nacala, Quelimane and Chimoio.   The launch of the carrier in partnership with Ethiopian...
Mozambique’s economy grew by 3.4% year-on-year in the period from January to September, the Council of Ministers spokeswoman and deputy minister of Culture, Ana Comoana, said on Tuesday in Maputo.   At the end of the meeting that examined the report on the implementation of the budget for the first three...
  The Angola-Cabo Verde (Cape Verde) air link will be resumed later this year, with only a few technical adjustments left to organize, the Angolan Transport Minister said recently.   Ricardo Viegas D’Abreu provided the information after leaving a meeting held in Praia with the Cape Verdean prime minister and with whom...
The United Kingdom has 750 million pounds to support projects in Angola, Baroness Lindsay Northover, sent by the British prime minister, said in Luanda on the first day of her official three-day visit. Northover, who made the remarks at the end of a meeting with Angola’s Finance Minister Archer Mangueira,...
  You can now have breakfast in Maputo and diner in Durban. The bridge will open new business opportunities for both Mozambicans and South Africans, and most importantly for Katembe residents.   The bridge from Maputo to Katembe (Ponte de Maputo a Katembe) was inaugurated this Saturday November 10th. The bridge was...
Kamran and David to keynote 6th Angel Fair Africa in Maputo Global investor Kamran Elahian and local investor Daniel David will keynote the 6th Angel Fair Africa in Maputo, Mozambique from the 29th to 30th November 2018 at the Radisson Blu Hotel. The event which has been held in Johannesburg (SA) 2013, Lagos...