30 September 2020
China Machinery Engineering Corporation (CMEC) is prepared for a possible exit by GE from a joint 300MW coal-fired power project and coal mine in Mozambique´s Tete province, promoter Ncondezi Energy has said.
16 September 2020
US-Africa Trade will be dominated by the "growing rivalry with China" in the short term, with the current US administration trying to preserve its African ties, even though the continent "is not a policy priority", the Economist Intelligence Unit (EIU) says.
17 August 2020
The Chinese version of the Guide to Investing in Portuguese-Speaking Countries (PSCs) and Timor-Leste, published by official legal database Legis-PALOP+TL is now available, for the first time in 2020, under a partnership with MacauLink, supported by private entities.
17 August 2020
The impact of the Covid-19 pandemic will "weigh heavily" on Mozambique´s economy, with real GDP contracting by 4.4% in 2020, before recovering slowly to a growth of 1% in 2021, according to the Economist Intelligence Unit (EIU).
13 August 2020
06 August 2020
Ncondezi Energy Limited has submitted to Mozambique´s electricity utility, EDM, the Transmission Integration Study for its Ncondezi 300MW coal-fired power project and coal mine in Tete province, in which it partners with China Machinery Engineering Corporation (CMEC).
28 July 2020
The COVID-19 pandemic in Southern Africa could lead to a fall of 4.9% in economic output in the region in 2020, and an improvement in business environment will be critical for the recovery, according to the African Development Bank (ADB).