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22 February 2021
African Union Setting Up Infrastructure Fund as Alternative to China
The African Union is setting up a fund to finance the construction of roads, railways and power plants on the continent, turning to new sources of cash other than China.
17 February 2021
Japan Loans USD 668 million to African Development Bank Fund
Japan had signed a 73.6 billion yen (USD 668 million) loan agreement to help replenish the the African Development Bank´s (AfDB) main development fund.
15 February 2021
Energy Transition Emperils Oil and Gas Investments in Angola and Mozambique
The substitution of fossil fuels for "clean" energies is emperiling oil and gas projects in several Latin American and African countries, including Angola and Mozambique, according to the Natural Resource Governance Institute (NRGI).
15 February 2021
6 reasons Why Africa’s New Free Trade Area is a Global Game Changer
Connecting 1.3 billion people across 55 countries with a combined gross domestic product (GDP) valued at $3.4 trillion, the pact comes at a time when much of the world is turning away from cooperation and free trade.
09 February 2021
New Heavy Sands Project in Mozambique Adds to Chinese Exploration
With Dingsheng Minerals' heavy sands mining project in Mozambique one year underway, a new project, led by an Australian company, is adding to exploration in the African country's Gaza and Inhambane provinces.
08 February 2021
Mozambique Caught in Japanese Trading Houses´ No-Coal Push
Japanese trading houses are speeding up their efforts to shift away from coal and other fossil fuel assets amid a growing decarbonisation push worldwide.
26 January 2021
Portugal and Brazil Economies Recover in 2021 – UN
All Portuguese-speaking economies are expected to recover this year, including the two largest, Portugal and Brazil, according to the United Nations Department for Economic and Social Affairs (UNDESA).
22 January 2021
Japan’s Mitsui & Co Exits Mozambique Coal Mine
Japan’s Mitsui & Co has agreed to sell its stake in the Moatize coal mine and Nacala Corridor rail and port projects in Mozambique to Brazil’s Vale, the operator of the projects.
06 January 2021
New Chinese-built USD 330 million Cement Plant Starts up in Mozambique
The new Chinese-built cement production plant in Matutuíne district, Mozambique's Maputo province, began tests this week and will start production in February.
06 January 2021
Brazil, Timor and Cabo Verde Among Fastest Growing Economies in 2021
Brazil, Timor and Cabo Verde will be among the fastest growing economies in 2021, recovering from sharp drops in activity last year because of the Covid-19 pandemic, according to the World Bank.
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