News

Two NGOs sued the US Export-Import Bank, claiming it approved a $4.7B loan to Mozambique LNG in violation of legal procedures. • The loan is critical to restarting the TotalEnergies-led project, ...
South32 plans to revise its 2026 production forecast for the Mozal aluminium smelter due to unresolved energy supply negotiations. The current electricity supply contract with Hidroeléctrica de Cahora ...
For the first time in a decade, no African country has a sovereign risk premium in distress territory. The average additional ...
Construction on a stalled $20 billion gas project by TotalEnergies in Mozambique is edging closer to restarting, four years ...
This strategic spending has lifted Tanzania’s GDP from $63 billion in 2021, with real growth accelerating from 4.2% to 5.7%.
Bissau, Liberia, Mauritania and Senegal were invited to a summit. Read more at straitstimes.com. Read more at ...
Cash-strapped Mozambique is considering approaching China, its largest bilateral creditor, to restructure $1.4 billion in ...
The IMF’s deputy managing director, Bo Li, had already guaranteed, on May 17, in Maputo, that the institution would move forward with a new program to support Mozambique’s stability in the coming ...
The International Monetary Fund has approved an immediate disbursement of approximately $448.4 million (SDR 326.47 million) to Tanzania under the Extended Credit Facility and Resilience and ...
The World Bank has approved the Mozambique Health Emergency Preparedness, Response and Resilience Project, an initiative to strengthen the health system’s ability to deliver essential services ...
On Wednesday, June 25, 2025, Tanzanian President Samia Suluhu Hassan has reaffirmed her nation’s unwavering commitment to deepening cooperation with Mozambique in the pursuit of sustainable ...
The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Iceland on June 16, 2025.