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Mozambique
10 January 2022

Ji Xianzheng is Macau Forum´s new Secretary General
Ji Xianzheng, former Deputy Director of the Department for European Affairs at the China Ministry of Commerce (MOFCOM), is the the new Secretary General of the Macau Forum Permanent Secretariat.
07 January 2022

Mozambique gets USD 47 million grant for special agro-industrial processing zone
African Development Bank Group has approved a USD 47 million grant for the first phase of Mozambique’s Pemba-Lichinga Integrated Development Corridor, a Special Agro-Industrial Processing Zone.
05 January 2022

Fosun´s Fidelidade buys 70% of Mozambican insurance company SIM
Fidelidade, Portuguese-based insurer whose main shareholder is Fosun, is buying 70% of Seguradora Internacional Moçambique (SIM), which operates under the brand Ímpar, for EUR 46.8 million.
04 January 2022

Eni’s Coral Sul FLNG completes journey from South Korea to Mozambique
Coral Sul FLNG, build in South Korea by Samsung and set to initiate natural gas production in Mozambique´s offshore in mid-2022, has entered the African country´s waters.
30 December 2021

India’s Jindal Group buys Vale coal mining assets in Mozambique
India's Jindal Group will acquire, through subsidiary Vulcan Minerals, Vale's main assets in Mozambique, namely Moatize coal mine and the Nacala Logistics Corridor (NLC) for a total of USD 270 million.
15 December 2021

New science-tech cooperation projects inked at China-Africa Innovation Cooperation Conference
The 2021 China-Africa Innovation Cooperation Conference opened this week with a total of 15 scientific and technological cooperation projects with multiple African countries inked.
13 December 2021

USD 300 billion goal of African imports by China could put them on par with Latin America´s
China´s USD 300 billion goal of African imports, set at the latest Forum on China–Africa Cooperation (FOCAC), could put the continent on par with Latin America, according to AfricaPractice.
09 December 2021

China-Africa trade in goods rises 27.4%
China-Africa trade in goods rose 27.4% year-on-year to 1.34 trillion yuan (USD 209.7 billion) in the January-October period, data from the General Administration of Customs showed.
07 December 2021

Ncondezi Energy sells solar and battery storage project in Mozambique to focus on venture with China´s CMEC
Ncondezi Energy has spinned-off its solar and battery storage project in Mozambique to focus on its venture with China Machinery Engineering Corporation in the African country.
07 December 2021

FOCAC Dakar Action Plan “more detailed and wide-reaching” than previous ones
The Forum on China-Africa Cooperation´s new Dakar Action Plan is "more detailed and wide-reaching" than previous ones, although it sidestepped the issue of African debt sustainability, according to Standard Bank.
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