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Mozambique
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.
06 December 2020

South-Korean Industrial Group POSCO Looking for Stakes in Mozambique Mines

South-Korean industrial group POSCO is considering buying stakes in graphite mines in Australia and Mozambique, to reduce its reliance on China for the material.
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