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Mozambique
06 June 2023
Mozambican banking sector profits jump 44% with economy speeding up
The Mozambican banking sector faced an improvement in domestic economic growth in 2022 and saw profits jump 44% due to healthy margins and lower provisions, according to Eaglestone Securities.
22 May 2023
China invested USD 1 billion in Mozambique since 2017
China has invested around USD 1 billion in Mozambique, mainly in infrastructure, since 2017, according to the African country´s Government.
12 April 2023
Angola among African countries helped by China with pandemic debt relief
China assisted in the restructuring of the crippling debt loads carried by some African countries, like Angola and Zambia, according to a new report by researchers from Johns Hopkins University.
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